A total of 2,188 Bitcoin was purchased by 23 businesses, who increased their holdings of the cryptocurrency.
The most active participant, Strategy, finished a $979.7 million initial public offering (IPO) on June 10 and added 1,045 BTC. Remxpoint (279.9 BTC), KULR (118.6 BTC), and Cipher Mining (111 BTC) made other noteworthy acquisitions.
Even smaller businesses, such as Rocksoft and Vanadi Coffee, contributed one to ten Bitcoin. This spike in institutional demand is consistent with current patterns in Bitcoin ETFs. BlackRock IBIT, for example, saw inflows of about $1 billion this week. GameStop's $2.25 billion convertible note offering, intended for Bitcoin investments, is another event.
After launching a €300 million fundraising program, the French Blockchain Group got shareholder approval to raise an additional €10 billion.