$BTC

Bitcoin Reserves: 404 BTC added in 1 week and an additional 1.83 billion expected.

Last week, major companies announced the acquisition or plans to acquire bitcoins for their reserves, reflecting the growing confidence in the growth potential of the leading cryptocurrency.

Rapid institutional adoption of Bitcoin

Between June 9 and June 13, more than 60 companies worldwide made significant announcements regarding their Bitcoin reserves. This trend underscores the acceleration of the Bitcoin reserve strategy, with an increasing number of companies integrating the leading cryptocurrency into their financial infrastructure.

According to data shared by @btcNLNico on X, six new companies officially launched Bitcoin reserves last week, adding a total of 404 BTC to their balances. Among them are American Bitcoin Corp, Bitmine, and Gumi.

Another ten companies also revealed their future plans to create Bitcoin reserves, such as Trump Media, which recorded a Bitcoin reserve operation worth 2.3 billion dollars.

Upcoming Bitcoin purchases worth 1.83 billion dollars

In total, 23 companies have added an additional 2,188 BTC to their existing reserves. The company Strategy stood out by adding 1,045 BTC and conducting an initial public offering of 979.7 million dollars on June 10. Other companies like Remxpoint, KULR, and Cipher Mining also made significant purchases.

Nine companies also announced their plans to acquire BTC in the near future, with a potential total of 1.83 billion dollars. For example, ANAP raised funds that include a planned purchase of 5.85 BTC, while Mélioz announced funding of 32.5 million dollars with the possibility of acquiring an additional 69.48 million dollars in BTC.