• Corporate Adoption Surge: 29 publicly traded companies now hold crypto reserves, with 21 companies entering the market during May-June 2025.

  • Bitcoin Dominance: 69% of corporate adopters choose Bitcoin as primary reserve asset, while Solana surprisingly ranks second above Ethereum.

  • Stock Price Impact: Companies announcing crypto purchases see dramatic stock gains, with some firms experiencing over 700% price increases.

29 listed companies adopt Bitcoin treasury strategies, reshaping corporate balance sheets. Enterprise crypto holdings surge as firms pursue alternative reserve assets for inflation protection.

TREND OVERVIEW: FROM “FRINGE EXPERIMENT” TO “STRATEGIC STANDARD”

 

Summer 2025 witnesses a “Bitcoin reserve revolution” led by publicly traded companies sweeping global capital markets. As of June 19th, 29 listed companies with market capitalizations exceeding $10 million have officially announced crypto asset reserves. Moreover, 21 companies concentrated their market entries during May and June, with 11 enterprises joining the movement in May alone.

 

Key Data Highlights:

 

Twenty companies selected Bitcoin (BTC) as their core reserve asset, representing 69% of corporate adopters. Meanwhile, four companies bet on Solana (SOL), surprisingly surpassing Ethereum (ETH) as the second most favored institutional token. Additionally, companies like TONY and NXTT experienced explosive stock gains, with maximum increases reaching 741%, demonstrating significant correlation effects between crypto reserves and stock prices.

 

This phenomenon marks Bitcoin’s transformation from a “speculative tool” into a “gold alternative” within corporate financial strategies, achieving historically unprecedented institutional participation levels.

 

STRATEGY BREAKDOWN: HOW ENTERPRISES MASTER “CRYPTO VAULTS”

 

Diversified Financing Methods: Leverage and Capital Gaming

 

Companies no longer rely solely on traditional cash flows for Bitcoin acquisitions. Instead, they strategically raise funds through bond issuances, equity financing, and credit facilities to purchase cryptocurrencies. For example:

 

Metaplanet issued $210 million in bonds specifically designated for coin purchases, while Fold secured $250 million through equity financing to increase BTC holdings substantially. This sophisticated strategy simultaneously enhances balance sheet “gold content” and drives stock prices higher through positive market expectations, creating a self-reinforcing cycle of “financing → coin purchases → stock price increases → additional refinancing opportunities.”

 

Small and Medium Enterprises’ “Comeback Script”

 

Companies with market capitalizations between $100 million and $1 billion have emerged as the primary driving force behind this trend. SharpLink Gaming, which previously faced serious delisting threats, exemplifies this transformation perfectly. After announcing Ethereum (ETH) inclusion in corporate reserves, its market valuation skyrocketed from $2 million to tens of millions, instantly reactivating previously dormant financing capabilities. These enterprises successfully reconstruct their valuation logic through strategic crypto asset acquisition, opening compelling new narratives when traditional business growth strategies stagnate.

 

Alternative Coins’ “High-Risk Temptation”

 

Despite Bitcoin remaining the absolute mainstream choice among corporate adopters, some enterprising companies explore high-volatility alternative assets. Notable examples include:

 

ZBAI Corporation (formerly ATIF) invested $100 million entirely in Dogecoin (DOGE), while TONY Company experienced remarkable 741% stock gains due to holding meme token HYPE. Although these aggressive operations generate substantial short-term windfall profits, they simultaneously trigger legitimate market concerns about potential “pump and dump” manipulation schemes.

 

MARKET IMPACT: RESHAPING FROM LIQUIDITY TO PRICING POWER

 

Supply-Demand Landscape Transformation: Intensified Scarcity

 

Listed companies collectively now hold over 688,000 Bitcoin, representing approximately 3.28% of total circulating supply. If current accumulation speeds continue unabated, future liquidity tightening scenarios may further drive significant price increases across cryptocurrency markets.

 

“Double Helix” Effect Between Stock and Coin Prices

 

Corporate Bitcoin purchase announcements directly stimulate dramatic stock price surges across multiple cases:

 

NXTT announced substantial BTC position increases, resulting in impressive 661% stock gains, while Tron’s strategic backdoor SRM listing drove remarkable 548% price climbs. Capital markets increasingly view crypto reserves as powerful “growth signals,” even creating competitive pressure for non-participating enterprises to follow similar strategies.

 

Traditional Finance and Crypto Ecosystem Integration

 

Bitcoin successfully breaks through traditional “crypto circle” boundaries, actively penetrating established industries including healthcare, energy, and retail sectors. For instance:

 

Norwegian energy companies strategically utilize abundant cheap hydroelectric power for mining operations while accumulating BTC holdings, and progressive healthcare enterprises employ cryptocurrency as sophisticated inflation hedge tools. This accelerating cross-industry integration fundamentally reshapes global asset allocation logic.

 

CONTROVERSIES AND RISKS: HIDDEN CONCERNS BEHIND THE CELEBRATION

 

Regulatory “Sword of Damocles”

 

Norway’s government officially announced autumn 2025 mining ban implementation, specifically targeting high-energy-consumption mining operations. Simultaneously, the US Treasury Department plans mandatory reporting requirements for cryptocurrency transactions exceeding $10,000, substantially increasing corporate holding operational costs.

 

Price Volatility and Financial Security

 

Tesla previously suffered significant quarterly losses due to Bitcoin market crashes, ultimately forcing strategic partial position reductions. Companies like Semler Scientific, despite carefully emulating MicroStrategy’s proven approach, failed to achieve equivalent market value premiums, clearly exposing inherent strategy implementation risks.

 

Market Manipulation and Bubble Formation

 

Some enterprises announce ambitious reserve targets far exceeding their actual market valuations. Concerning examples include:

 

Trump Media declared an ambitious $2.5 billion coin purchase plan but hasn’t executed any transactions, while ZBAI Corporation’s aggressive DOGE investment faces serious “insider pump and dump” accusations from industry analysts. Market experts warn: “When the music inevitably stops, the final buyers will pay devastating financial prices.”

 

Future Outlook: Crypto Assets’ “Identity Transformation”

 

Accelerated Compliance Processes

 

US Stablecoin Act implementation and SEC’s progressively relaxed ETF restrictions systematically remove regulatory obstacles for corporate cryptocurrency holdings. Goldman Sachs confidently predicts: “By 2030, listed companies’ collective Bitcoin holdings may realistically exceed 10% of total circulating supply.”

 

Technology-Enabled Transparent Reserves

 

Critical infrastructure improvements including Chainlink oracles and ZeroHash compliance technology will drive widespread corporate adoption of comprehensive on-chain proof of reserves systems, significantly enhancing overall asset transparency standards.

 

Long-Term Philosophy’s Ultimate Test

 

MicroStrategy founder Michael Saylor emphatically emphasizes: “Only companies maintaining substantial positions through severe bear markets are genuine believers in this technology.” Time will ultimately validate this unprecedented capital experiment’s long-term success or failure.

 

Corporate Adoption Acceleration

 

More traditional corporations increasingly recognize Bitcoin’s substantial potential as strategic treasury assets. Financial advisors progressively recommend cryptocurrency allocation for corporate reserve portfolios. This growing trend suggests sustained institutional demand growth patterns.

 

Regulatory Clarity Benefits

 

Emerging clear regulatory frameworks actively encourage conservative enterprises to explore cryptocurrency holdings seriously. Compliance-focused solutions systematically reduce legal uncertainties, enabling much broader corporate participation in expanding digital asset markets.

 

Conclusion: A Silent Balance Sheet Revolution

 

When enterprises strategically redefine financial health through Bitcoin adoption, crypto assets definitively transcend “geek toys” to become powerful transformation engines for global business ecosystems. Whether this represents a speculative bubble or genuine future direction, this celebration inevitably writes irreversible historical footnotes in financial history.

 

The corporate Bitcoin adoption wave represents fundamental paradigm shifts in treasury management philosophy. Traditional cash reserves face persistent inflation erosion, while Bitcoin offers compelling potential preservation and growth opportunities. This significant paradigm shift challenges conventional financial wisdom and creates entirely new investment categories for institutional portfolios.

〈Enterprise Bitcoin Holding Wave Explodes! 29 Listed Companies “Hoarding Coins” Reshape Balance Sheets〉這篇文章最早發佈於《CoinRank》。