Bitcoin Treasuries Skyrocket With 60 New Announcements Within A Week
In between June 9 and 13, sixty significant Bitcoin-related (BTC) announcements were made by companies around the globe, according to information shared by @btcNLNico on X. The Bitcoin Treasury Strategy is entering a rapid growth stage, with more companies adopting the leading cryptocurrency as part of their monetary facilities. Over 2,500 BTC Added as New and Existing Firms Expand Bitcoin Treasuries Acccording to the shared X post, 6 new companies officially released Bitcoin treasuries throughout the week, adding a combined 404 BTC to their balance sheets. These firms include American Bitcoin Corp, Bitmine, and Gumi. American Bitcoin Corp, for example, began with 215 BTC and is getting ready for a public merger under $ABTC. 10 other companies have exposed future plans to begin Bitcoin treasuries. These include Trump Media, which submitted a registration for a $2.3 billion Bitcoin Treasury Offer, and Mercury Fintech, which revealed an $800 million funding strategy. Twenty-three companies added BTC to their existing holdings, totaling 2,188 BTC in new purchases. Strategy, the most active participant, added 1,045 BTC and also completed a $979.7 million IPO on June 10. Other notable purchases came from Remxpoint with 279.9 BTC, KULR with 118.6 BTC, and Cipher Mining with 111 BTC. Even smaller firms, like Vanadi Coffee and Rocksoft, added between 1 to 10 BTC. This surge in institutional demand reflects recent Bitcoin ETF trends. For example, BlackRock IBIT alone neared $1 billion in inflows this week. Companies Eye $1.8 B in BTC Buys Nine companies also outlined plans to purchase more BTC soon. These plans could result in $1.83 billion worth of BTC purchases. For instance, ANAP raised capital that includes plans for a 585 BTC investment. Mélioz raised $32.5 million, with a warrant structure that could enable it to purchase another $69.48 million in BTC. Additional developments include GameStop’s $2.25 billion convertible note issuance, which is intended for Bitcoin investments. The Blockchain Group in France launched a EUR300 million capital program and obtained shareholder approval to raise up to EUR10 billion. Similarly, DDC Enterprise and H100 Group revealed plans to tokenize assets and use Bitcoin as collateral. Some companies also revealed their intention to list on US OTC markets; a significant example is The Smarter Web Business. More companies are now considering BTC as a core part of treasury and growth strategy. The data shared by @btcNLNico is supported by corporate disclosures and public filings.
Over 2,500 BTC Added as New and Existing Companies Expand Bitcoin Treasuries Acccording to the shared X post, 6 new companies officially released Bitcoin treasuries throughout the week, adding a combined 404 BTC to their balance sheets. Twenty-three companies added BTC to their existing holdings, totaling 2,188 BTC in new purchases. Other noteworthy purchases came from Remxpoint with 279.9 BTC, KULR with 118.6 BTC, and Cipher Mining with 111 BTC. BlackRock IBIT alone neared $1 billion in inflows this week. Firms Eye $1.8 B in BTC Buys 9 companies also detailed plans to purchase more BTC soon.
