The cryptocurrency market is witnessing a strong positive wave as listed companies and large institutions continue to accumulate Bitcoin, reinforcing confidence in the potential of this asset. These moves indicate that Bitcoin is increasingly becoming an indispensable part of global companies' treasury strategies.
Listed Companies Intensify Bitcoin Accumulation
#CIMG Inc., a Chinese financial company, has just announced plans to issue 55 million USD in shares in exchange for 500 BTC. This decision makes Bitcoin a pillar in their new treasury strategy, a notable move from a company based in China.
#H100Group and DDC Enterprise is no exception to this trend. H100 Group has purchased an additional 46.22 BTC, bringing their total Bitcoin holdings to 957.5 BTC. Meanwhile, DDC Enterprise has surpassed the 1,000 BTC mark after buying an additional 120 BTC.
The Potential Applications of Bitcoin are Expanding
Not only stopping at accumulation, companies are also looking for ways to optimize profits from Bitcoin. LQWD Technologies, a Canadian fintech company focused on the Lightning Network, has deployed 19.75 $BTC from its treasury to this network. This move allows the company to generate an effective annual yield of up to 24% from routing fees, demonstrating that Bitcoin is not just a store of value but also a profit-generating tool.
At the same time, Tether, the largest stablecoin issuer, has printed an additional 1 billion USDT on Ethereum, reflecting the increasing liquidity demand in the market. These positive signals from both Bitcoin and stablecoins indicate that the market is developing solidly, supported by institutional trust and an increasingly diverse range of applications. #anhbacong
