Bitcoin is seeing a surge in corporate interest. In just five days from June 16 to 20, 18 companies added a combined 12,010 BTC to their treasuries. That equals over $1.22 billion at its current price.
Purchases and Planned Acquisitions Signal Institutional Momentum
According to the update shared by @btcNLNico on X, two new firms, including Prenetics, began holding Bitcoin, starting with 187.4 BTC. Strategy led the purchases with a massive 10,100 BTC buy. That’s over $1 billion in a single move.
Other notable buys came from Metaplanet, The Blockchain Group, H100 Group, and The Smarter Web Company. These firms are building their BTC reserves quickly and visibly.
The activities didn’t stop with purchases. There were 14 announcements about future Bitcoin acquisitions. The planned buys could reach $1.16 billion. It is worth noting that many firms are raising capital just to add BTC to their balance sheets.
Metaplanet issued $210 million in bonds. Fold is pursuing a $250 million equity raise. DDC Enterprise is preparing a raise of up to $528 million. ANAP and H100 are both tapping credit to convert into Bitcoin.
