According to BlockBeats, as of July 31, The Block reports that the cumulative market capitalization of publicly traded companies holding cryptocurrencies has surged to $160 billion, a significant increase compared to about $90 billion at the beginning of 2024, marking a new trend of investors gaining crypto exposure through stocks.
The growth over the past six months reflects a fundamental shift in corporate financial management strategies, with more and more companies viewing digital assets as legitimate balance sheet holdings. As the market adapts to this emerging trend, many companies have seen significant double-digit increases in their stock prices after announcing allocations to crypto assets.