🔷 What Is #BitcoinTreasuryWatch ?

#BitcoinTreasuryWatch tracks the growing trend of public and private companies holding Bitcoin as part of their corporate treasury strategy. These firms treat $BTC not as speculative assets, but as a long-term reserve, hedge, and strategic asset class.

🏢 Corporate Adoption Highlights:

• Over 69 public companies collectively hold around 720,000 BTC (~$68 billion) as of mid‑2025   .

• MicroStrategy leads with ~628,791 BTC(~3% of total BTC supply), fueling major gains in stock performance thanks to recent accounting rule changes that reflect unrealized BTC gains in earnings  .

• Other notable holders include Marathon Digital (MARA), Twenty One Capital (CEP), Trump Media, and Metaplanet — collectively forming a new class of “Bitcoin treasury firms”   .

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📈 Why It Matters

• Institutional confidence: These companies are doubling down on Bitcoin as a store of value and inflation hedge.

• Market influence: Their accumulation (~1.1M $BTC when including private entities) impacts supply dynamics and liquidity .

• Regulatory & valuation factors: Firms raise funds through equity, convertible debt, or BTC -for-shares arrangements—sometimes diluting investors or prompting review of valuation premiums (NAV multiple)   .

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⚠️ Risks & Industry Signals

• A BTCdownturn could force heavily indebted firms into margin call situations or forced sales, potentially causing a cascade effect—especially in less diversified treasury companies .

• Some companies, such as Satsuma Technology, have raised capital through $BTC -for-shares deals, adding market complexity and dilution risk for retail shareholders