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Institutional confidence in Bitcoin has reached a new milestone, with public companies now holding over 800,000 BTC, valued at a staggering $90 billion, according to the latest data from BitcoinTreasuries. This marks a 28% increase in corporate participation, signaling the most significant wave of institutional adoption the crypto market has ever witnessed.
Corporate Bitcoin Holdings Hit All-Time High
Leading the charge is Strategy, formerly known as MicroStrategy, with over 580,000 BTC on its books—worth more than $62 billion. The firm has evolved from a traditional software company into a Bitcoin-centric investment vehicle, with its stock soaring 500% in the past year. Bitcoin itself rose over 130% in the same timeframe, highlighting the asset’s growing appeal in corporate finance.
New Entrants: GameStop and Trump Media
Recent high-profile entries include GameStop, which disclosed a $500 million Bitcoin acquisition, and Trump Media and Technology Group, which announced plans to raise $2.5 billion to build a Bitcoin treasury. The latter move reflects a broader strategy to diversify beyond its flagship platform, Truth Social. Trump Media’s crypto strategy includes holding BTC alongside its $759 million in cash reserves, with custody managed by Anchorage Digital and Crypto.com. However, the announcement triggered an 8% dip in DJT shares, revealing market skepticism or short-term volatility in response to bold crypto bets.
Governments, ETFs, and Smart Contracts Join In
Beyond corporate balance sheets, governments, ETFs, and DeFi protocols have also been stacking sats. This surge in long-term holding has pushed total institutional Bitcoin reserves to over 3.37 million BTC. In the past 30 days alone, these holdings grew by 3.29%, further straining available supply and adding upward pressure on prices.
Institutional entities—including public firms, ETFs, and private corporations—are now locking in sizable Bitcoin positions, removing supply from the open market. Smart contracts and DeFi ecosystems, although smaller in comparison, remain vital players in this tightening cycle.
Bitcoin Emerges as a Strategic Treasury Asset
This shift reflects Bitcoin’s evolution from a speculative asset to a recognized store of value, comparable to gold. The market narrative is changing: institutions are no longer sitting on the sidelines—they are entering decisively, many treating Bitcoin as a hedge against inflation and economic uncertainty.
As the available supply dwindles, continued accumulation by public companies and state actors is expected to drive further bullish momentum. Bitcoin is no longer a fringe bet—it is becoming an essential pillar of modern financial strategy.
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Spread the love In a monumental stride for African aviation, Nigeria’s leading airline, Air Peace, has announced its inaugural flights to London, United Kingdom. This historic development marks a significant turning point in the continent’s air travel industry, bolstering connectivity and fostering economic growth between Nigeria and the UK. Bridging Continents: Air Peace’s London Expansion Air…
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Salah’s Holiday Controversy: Christmas Tree Sparks Debate Amidst Plea for Global Peace.
Spread the love Each festive season, Mohamed Salah manages to ignite a holiday controversy, and this year is no exception. Just like in 2020, 2021, and 2022, the Liverpool striker’s Instagram post has once again stirred emotions among his Muslim followers in 2023. As in previous years, Salah finds himself under scrutiny for partaking in Christmas…
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Putin threatens Finland over NATO membership
Spread the love In a recent episode of the Moscow Kremlin Putin program, Russian President Vladimir Putin escalated tensions by issuing threats against Finland following its NATO membership. Putin, historically acknowledging the amicable relations with Finland, expressed discontent over its NATO alignment and hinted at deploying troops to the Finnish border. “Finland’s inclusion in NATO creates…
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Arsenal sells 80 million flop to Turkey
Spread the love Arsenal FC has now managed to sell Nicolas Pepe after all. The striker, who joined the north Londoners in 2019 for 80 million euros, is moving to Turkish top-flight club Trabzonspor, according to transfer expert Fabrizio Romano. According to the report, the Ivorian had already completed the medical check on Friday morning, and…
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BREAKING NEWS: Here’s what sparked our interest this week:
Spread the love The deal with new US settlement times Pandemic superstars come down to earth Nvidia posts results Time for T? ⏱️On Tuesday 28 May 2024, when the US market wakes up after the long weekend, settlement times will get a shake-up, officially switching to a new settlement cycle called “T+1”. This means stock transactions…
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Breaking News : Changes to US Settlement Times
Spread the love Here’s what captured our attention this week: Changes to US Settlement TimesPandemic Favorites StruggleNvidia’s Impressive Results Shift to T+1 ⏱️When the US market reopens on Tuesday, May 28, 2024, after the long weekend, it will transition to a new settlement cycle known as “T+1”. This means that stock transactions will now settle in…
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Crypto speculators / transaction fees.
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Investment contents and insights
Spread the love Investing, while intricate and fraught with risks, can yield substantial rewards when approached correctly. Various investment options exist, each with its own unique set of risks and potential returns. For those new to investing, education is crucial. By thoroughly researching, selecting appropriate investments, and maintaining discipline, you can construct a robust portfolio that…
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History Suggests Bitcoin Will Be a Better Long-Term Investment Than Little-Known Meme Coins
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Bitcoin, Ethereum, and XRP Weekly Price Forecast: Will Bears Reign During Halving Season?
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EU Unveils Groundbreaking AI Regulations: A New Era of Innovation with Clear Boundaries
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Economic Data and Market Movements.
Spread the love Consumer Sentiment and Inflation ConcernsAccording to new data from the University of Michigan indicates a dip in consumer sentiment for April, with a headline figure of 77.2, down from 79 in March. Inflation expectations for the next year have risen slightly to 3.2%, but the 5-10 year outlook remains stable at 3%. This…
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Ryanair Under Antitrust Scrutiny: Allegations of Market Dominance Spark Turbulence
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Terra Luna Classic Unveils Game-Changing Upgrade for Terra Classic Wallet; LUNC Price Targets $0.0002 Amidst Market Volatility!
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Unlocking Entrepreneurial Wisdom: Insights from Successful Founders | The DANCHIMA MEDIA Podcast
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Exciting News: Terra Luna Classic Developer Unveils Major Upgrade, Predicts LUNC Price Surge to $0.0002!
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Interpol Africa Wraps Up Extradition Papers for Fleeing Binance Executive
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U.S. Bitcoin ETF Outflows Jump Past $560 Million, Is there More Pain Ahead?
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A well known Crypto critic and economist took to X, spotlighting a bearish trend for Bitcoin.
Spread the love Renowned crypto critic and economist Peter Schiff recently highlighted a bearish trend in Bitcoin’s price trajectory. According to Schiff, BTC’s price has slipped nearly 5% at press time, and he anticipates a potential downturn with a downside target set at $54,00012. Let’s delve deeper into the details: While opinions on Bitcoin’s price vary,…
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