Bitcoin buying frenzy from companies brings 2,500 BTC in five days

Bitcoin buying frenzy from companies brings 2,500 BTC in five days


The interests of companies in Bitcoin exploded between June 9th and 13th, since public documents reveal more than 60 individual announcements in connection with the cryptocurrency.

In this short period of time acquire Companies around 2,500 BTC and laid the foundation for another billion.

Six companies – including the newly founded American Bitcoin Corp – opened treasuries for the first time and secured a total of 404 BTC. Another ten, including Trump Media with a planned $ 2.3 billion deal, announced upcoming purchases.

In the meantime, 23 established investors expanded their stock stocks; Strategy alone bought 1.045 BTC and completed an IPO worth $ 979.7 million. Smaller acquisitions of companies such as Remxpoint and Cipher Mining rounded off the balance.

Nine companies have announced new purchase plans that could flow further $ 1.8 billion in Bitcoin. Financing measures at Gamestop, Mélioz and the French Blockchain Group illustrate how quickly the treasuries of companies on BTC concentrate as a reserve currency.

The strong increase reflects the high inflows in Bitcoin ETFs and underlines a more comprehensive change: More and more companies are now considering cryptocurrency as the core component of its balance sheet and no longer as a speculative side bet.

Alexander has been working in the crypto industry for three years and has made a name for himself during this time through his active participation in observing the market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional obligation, but a deep personal passion. He follows the news from the industry every day, analyzes trends and is enthusiastic about every new step in the development of blockchain solutions. His enthusiasm drives him to constantly learn and share his knowledge because he sees the future in the digital financial world and its role in global transformation.


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Jayd Johnson

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