35 companies now hold at least 1,000 Bitcoin as corporate adoption booms
Analysts expect a “pivotal stretch” in crypto markets, as institutional appetite and open interest are at peak levels.
Corporate adoption of Bitcoin is accelerating, with 35 publicly traded companies now holding at least 1,000 BTC each, signaling growing institutional interest in the world’s largest cryptocurrency.
Demand for Bitcoin (BTC) is soaring among public companies four months after US President Donald Trump’s executive order outlined the creation of a federal Bitcoin reserve for the world’s largest economy.
According to Chris Kuiper, vice president of research at Fidelity Digital Assets, at least 35 public companies have now surpassed 1,000 BTC in holdings on their balance sheets, worth more than $116 billion at the time of writing, up from 24 companies at the end of Q1.
