In 2025, more companies are considering Bitcoin as a treasury reserve to combat inflation, diversify their assets, and manage risks, even though it’s still seen as an unproven strategy. Unlike gold, Bitcoin is a recognized, liquid digital asset that fits easily into corporate finances. A report from Architect Partners estimates that by 2030, 25% of ...
CleanSpark reported a 6% increase in its Bitcoin treasury in February, mining 624 Bitcoin valued at over $55 million. The company sold 2.73 Bitcoin at an average price exceeding $95,000, adding the rest to its total holdings of 11,177 Bitcoin, making it the fifth-largest corporate BTC treasury globally, worth over $1 billion. CleanSpark’s CEO, Zach ...
Worksport Ltd., a manufacturer of hybrid energy solutions, has chosen Coinbase as its preferred custodian for managing its cryptocurrency reserves, including Bitcoin and XRP. This decision supports Worksport’s Corporate Treasury Strategy aimed at diversifying its financial assets. CEO Steven Rossi emphasized the importance of partnering with a reliable crypto custodian like Coinbase, known for its ...
Bitwise Asset Management has filed with the SEC to launch the Bitcoin Standard Corporations ETF, aimed at public companies holding at least 1,000 Bitcoin. This new ETF will focus on equity securities of firms that meet specific criteria, including a minimum Market capitalization of $100 million, and will allow for a unique weighting based on ...
In 2024, the focus in the cryptocurrency world has shifted significantly towards institutional adoption. With the U.S. approving spot bitcoin exchange-traded funds (ETFs), along with many companies adding bitcoin to their financial reserves, the conversation around crypto is more prevalent than ever. Bitcoin has surged nearly 130% this year and is close to the $100,000 ...
In 2024, the main focus in cryptocurrency is on institutional adoption. Notably, the U.S. has approved spot bitcoin exchange-traded funds (ETFs), leading to significant investments, with net inflows reaching $36 billion and over 1 million BTC acquired. Bitcoin’s price has surged almost 130% this year, nearing the $100,000 mark. More companies, like KULR Technology, are ...
MicroStrategy’s remarkable success with investing in bitcoin has sparked interest among other companies wanting to adopt a similar strategy. This year, MicroStrategy’s stock soared 501% thanks to its bitcoin investments, encouraging firms like Marathon Holdings and Acurx Pharmaceuticals to buy cryptocurrencies for their corporate treasuries. The appeal lies in bitcoin’s growing reputation as a safeguard ...
