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Bitcoin Floods Corporate Vaults
Over just five days, 18 companies threw $1.24 billion into Bitcoin. That’s 12,010 BTC added to their reserves between June 16 and 20. And that’s just the start.
Who’s Buying?
Prenetics kicked off with 187.4 BTC. Strategy led the pack with a monster buy—10,100 BTC. Metaplanet, Blockchain Group, H100 Group, and The Smarter Web Company joined the party too.
Companies aren’t just buying. They’re announcing more. 14 firms plan to add another $1.16 billion in BTC.
Show Me the Money
Metaplanet raised $210M in bonds. Fold is hunting for $250M in equity. DDC Enterprise? Prepping a $528M raise.
Others, like ANAP and H100, are borrowing just to go crypto shopping.
Bitcoin: From Wild Bet to Finance Tool
Smarter Web raised $40M. BD Multimedia? $1.15M. The goal? Stack sats.
Leadership is shifting too. Semler hired a strategy head. Prenetics brought in an ex-OKX exec.
Bitcoin’s no longer the weird cousin. It’s becoming CFO-approved.
Why It Matters
This move tightens Bitcoin’s supply. Prices could jump. The big bet? BTC is now the new gold.
And it’s not just companies. Even U.S. states like Texas are locking in Bitcoin reserves.
Corporate crypto adoption is heating up. Fast.
