Listed Companies Increase Bitcoin Holdings A recent K33 Research report reveals that publicly traded companies significantly increased their Bitcoin (BTC) holdings in the first half of 2024. These companies collectively purchased approximately 244,991 BTC, demonstrating growing institutional interest in the cryptocurrency. Institutional Bitcoin Adoption on the Rise The report highlights a substantial increase in the number of listed companies investing in Bitcoin. At the beginning of the year, 70 listed entities were actively buying BTC. By the end of June, this number had nearly doubled to 134, indicating a widening acceptance of Bitcoin as a viable treasury asset. This trend suggests a long-term belief in Bitcoin's potential as a store of value and a hedge against inflation. Increased adoption could contribute to price stability and further legitimize Bitcoin within the financial mainstream. ```