According to Foresight News, Cointelegraph reports that Geoff Kendrick, Global Head of Digital Asset Research at Standard Chartered Bank, has highlighted a significant trend in corporate treasury strategies involving Bitcoin reserves. Kendrick noted that at least 61 companies now hold a combined total of 3.2% of Bitcoin in their treasuries, marking a growth of over 100% in the past two months.
Among the analyzed corporate treasuries, 58 have a net asset value (NAV) multiple greater than 1, indicating a positive valuation trend. This shift reflects an increasing adoption of Bitcoin as a strategic asset by corporations, driven by its potential for value appreciation and diversification benefits.
