The Bitcoin Craze Among American Companies: 54 Public Companies Invest Over $900 Million in BTC Reserves
At the beginning of July, the corporate Bitcoin allocation trend experienced explosive growth, with 54 public companies investing over 8,400 BTC (approximately $900 million) in Bitcoin reserves. This indicates that more and more corporate finance departments are turning to cryptocurrency, highlighting the increasing appeal of Bitcoin as a safe-haven asset.
The market is closely watching this trading dynamic. Among them, software design giant Figma disclosed in its IPO documents that it holds 843 BTC (worth approximately $91 million), a move that has caused quite a stir in the industry. Additionally, Cel AI and Opyl Limited have also made their first entries into the market, while Hyper Bit continues to increase its holdings.
Notably, 12 companies, including two in the gold industry, have announced cryptocurrency allocation plans. Amber International has raised $26 million through private placement for this purpose, while another consortium planning to acquire DV8 has incorporated Bitcoin into its new financial framework.
It is worth noting that 18 companies have completed substantial Bitcoin acquisitions, collectively purchasing 7,591 BTC. Among them, Blue Star Capital arranged $1.7 million in financing to seek indirect investment opportunities in Bitcoin; Metavesco launched its first cryptocurrency asset management plan; and Sweden's Fragbite Group increased its Bitcoin holdings worth $530,000. Additionally, gold mining company Hamak Gold has set aside $3.4 million of its financing as a dedicated procurement fund, indicating that traditional mining is accelerating its integration with digital assets.
Aside from actual purchases, another 14 companies have announced ongoing increasing plans. Food service provider DDC Enterprise, after securing $530 million in financing, announced that part of the funds will be specifically allocated for BTC, demonstrating the company's long-term confidence in cryptocurrency. Meanwhile, six supporting measures, including policy adjustments and internal guideline updates, aim to enhance transparency and alleviate market concerns about volatility and custody security.
In summary, this corporate-level Bitcoin allocation has evolved from a short-term speculative trend into a mature financial strategy. Although price volatility and custody solutions remain key considerations, more and more companies are viewing Bitcoin as a tool against currency depreciation. From startups to blue-chip enterprises, this transformation is redefining the future of corporate asset management.
