This Week’s Smart Money: Bitcoin Treasuries Explode With Corporate Demand

Van Thanh Le

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Jun 21 2025

4 hours ago5 minutes read

Robot lifts giant Bitcoin sphere on pastel sheets [treasury]

Strategy Acquires 10,100 Bitcoin for $1.05 Billion, Total Holdings Reach 592,100 BTC

Strategy, formerly MicroStrategy, has acquired an additional 10,100 bitcoins for $1.05 billion, raising its total holdings to 592,100 BTC. This purchase, made at an average price of $104,080 per bitcoin, brings the company's total investment in bitcoin to approximately $41.8 billion. Strategy has funded these acquisitions through sales of its perpetual preferred stocks and an upsized $1 billion IPO. The company's holdings now represent about 2.8% of Bitcoin's total supply, with an estimated $21 billion in paper gains. Despite market concerns about corporate bitcoin concentration, Michael Saylor expresses confidence in Strategy's financial stability.

Metaplanet Surpasses Coinbase, Becomes 9th Largest Corporate Bitcoin Holder with 10,000 BTC Acquisition

On June 16, 2025, Japanese investment firm Metaplanet announced it had acquired an additional 1,112 BTC, raising its total holdings to 10,000 BTC and surpassing Coinbase to become the 9th largest corporate Bitcoin holder. Metaplanet's CEO Simon Gerovich revealed this purchase cost $117.2 million, averaging $105,435 per Bitcoin. The firm aims to hold 210,000 BTC by 2027, modeling its strategy after Michael Saylor. To finance further acquisitions, it plans to raise up to $5.3 billion through new shares and issued its 18th series of $210 million bonds to fund Bitcoin purchases, maturing on December 12, 2025.

Blockchain Group Expands Bitcoin Holdings to 1,653 BTC with $19.6M Purchase, Eyes 1,723 BTC Total

The Blockchain Group has increased its Bitcoin treasury by acquiring 182 BTC for approximately $19.6 million, raising its total holdings to 1,653 BTC, valued over $170 million. This purchase, funded by recent convertible bond issues worth about $20.7 million, reflects the company's strong commitment to Bitcoin, boasting a 1,173% yield this year. An additional potential acquisition of 70 BTC could bring the total to 1,723 BTC. The firm plans to secure $340 million for further Bitcoin reserves through a share issuance strategy, emphasizing its belief in Bitcoin's long-term value in corporate finance amidst growing institutional interest in cryptocurrencies.

Prenetics Acquires $20 Million in Bitcoin, Taps Crypto Experts for Treasury Strategy

Prenetics, a healthcare firm, recently purchased 187.42 BTC for $20 million at an average price of $106,712 as part of adopting a bitcoin treasury strategy. This move follows a divestment that increased its assets to approximately $117 million. CEO Danny Yeung emphasized the intersection of healthcare innovation and blockchain technology, while former OKX COO Andy Cheung joins the board to enhance crypto strategy. Advisors Tracy Hoyos Lopez and Raphael Strauch bring valuable expertise in regulatory and institutional crypto adoption. Currently, Prenetics has a market cap of $97.9 million, $66 million in cash reserves, and expects 2025 revenue between $80 million and $100 million.

Universal Digital Inc. Launches Bitcoin Treasury Strategy, Partners with Japan's GFA Co. Ltd.

Universal Digital Inc. has launched a Bitcoin Treasury Strategy as a core part of its capital allocation framework, commencing the divestment of altcoin holdings to accumulate Bitcoin. Targeting Asia's $25 trillion public market, the company has signed a non-binding MOU with Japan’s GFA Co., Ltd. to collaborate on Bitcoin reserve models for Japanese companies. The strategy aims to enhance long-term net asset value and capitalize on institutional interest in digital assets, especially in East Asia, which accounted for 8.9% of global cryptocurrency transactions from July 2023 to June 2024. Leadership from both companies heralds promising collaboration.

DDC Enterprise Secures $528 Million to Build Major Bitcoin Treasury Holdings

DDC Enterprise Limited, the parent company of DayDayCook, raised $528 million to bolster its Bitcoin treasury strategy. The funding comprises a $300 million convertible secured note and a $200 million equity line of credit from institutional investors like Anson Funds and Animoca Brands. This ambitious initiative aims to establish DDC as a significant corporate Bitcoin holder while maintaining its food platform operations. The structure includes a $26 million equity investment, with shares priced at $10.30. DDC's unique dual approach positions it as a leading vehicle for Bitcoin exposure and shareholder returns in the market.

Nakamoto and KindlyMD Boost Bitcoin Treasury Target to $763 Million with $51.5 Million PIPE Funding

David Bailey's Nakamoto and KindlyMD have increased their bitcoin treasury target to $763 million after securing an additional $51.5 million in private investment. This funding, part of a planned merger, builds on a previous target of $710 million established in May. The funds are intended for conversion into bitcoin, contingent on shareholder approval. With around 228 companies now engaging in BTC-only corporate treasuries, analysts note this trend reflects rising structural demand for bitcoin. The latest funding round equates to approximately 7,316 BTC based on current market prices, reinforcing the long-term price support outlook despite short-term macroeconomic challenges.

Fold Plans $250 Million Stock Sale to Boost Bitcoin Holdings Amid Market Volatility

Fold, a publicly traded Bitcoin financial services firm, plans to sell up to $250 million in new shares to increase its Bitcoin holdings, currently at approximately 1,488 BTC valued at over $155 million. The company's stock has fallen about 60% this year, trading at $4.57, reflecting broader market volatility as Bitcoin prices dipped below $105,000. The trend of corporate Bitcoin acquisition is growing, with 236 entities now holding Bitcoin, a 13% increase in a month. However, risks remain, as a Standard Chartered report indicates that half of non-crypto companies could incur losses if prices fall below $90,000.

BitMine Completes $16.3M Bitcoin Acquisition, Establishing Bitcoin-Centric Treasury

BitMine Immersion Technologies, Inc. has completed a $16.3 million acquisition of 154.167 Bitcoin at an average price of $106,033 per coin, using proceeds from a recent public stock offering that raised $16.34 million. This strategic move establishes a Bitcoin-centric treasury, aligning with their identity as a Bitcoin-native business. CEO Jonathan Bates emphasizes the commitment to invest all transaction proceeds into Bitcoin. BitMine stands out by integrating traditional immersion cooling mining with innovative financial services related to Bitcoin and operates in low-cost energy regions to enhance profitability amid competitive market conditions.

Parataxis Acquires Bridge Biotherapeutics for Bitcoin Treasury Platform in South Korea

Parataxis Holdings is launching a Bitcoin-native treasury platform in South Korea by acquiring a controlling interest in Bridge Biotherapeutics for 25 billion won ($18.5 million). The firm will rename it Parataxis Korea to facilitate institutional Bitcoin exposure amid increasing global interest in BTC treasury strategies. Currently, crypto ETFs and institutional investments are banned in South Korea, but a pilot program allows 3,500 corporations to open “real-name” accounts. Bridge Biotherapeutics' stock surged over 20% post-acquisition announcement, though it's still down 74% year-to-date. Over 237 public companies now hold Bitcoin, representing approximately 3.96% of total BTC supply.

Semler Scientific Aims for 105,000 BTC by 2027, Reports 287% Yield and $177M Unrealized Gains

Semler Scientific has announced an ambitious plan to accumulate 105,000 BTC by the end of 2027, with initial goals of holding 10,000 BTC by the end of 2025 and 42,000 BTC by the end of 2026. As of June 2025, the company reported a remarkable 287% yield on its Bitcoin investments and $177 million in unrealized gains. Funded through equity and debt financing as well as operational cash flows, Semler has appointed Joe Burnett as Director of Bitcoin Strategy to guide this effort. The trend of corporate Bitcoin holdings continues to grow, with other companies increasing their reserves as well.

Pri0r1ty Intelligence Shares Surge 41% Following Adoption of Bitcoin Treasury Management Policy

Pri0r1ty Intelligence Group PLC has adopted a bitcoin treasury management policy to meet rising client demand for cryptocurrency transactions, leading to a 41% share price increase to 5.56 pence. The policy allows the company to hold only bitcoin as a non-cash asset, converting any other crypto received into bitcoin or cash within three days. Up to 50% of surplus cash can be invested in bitcoin, with an independent treasury agent appointed for holdings over GBP1.0 million. CEO James Sheehan emphasized the growing importance of bitcoin in business transactions, supported by governance and risk controls for managing crypto exposure.

Smarter Web Company's Stock Soars 43% After Increasing Bitcoin Holdings to $36 Million

The Smarter Web Company’s stock surged by 43% following its announcement of increasing Bitcoin holdings to 346.63 BTC, valued at $36 million after an £8 million purchase. Since its Initial Public Offering in April 2025, the stock has skyrocketed over 520%, outpacing Bitcoin's 28% Q2 gain. The company, specializing in web development and online marketing, has shown a trend of aggressive BTC accumulation, with CEO Andrew Webley hinting at further purchases. Comparatively, Japan's Metaplanet saw a dramatic 78% stock rise upon adopting a BTC strategy, raising questions about TSMC's potential future performance.

Lion Group Unveils $600M Cryptocurrency Treasury Focused on Hyperliquid Token

Nasdaq-listed Lion Group Holding (LGHL) announced a $600 million cryptocurrency treasury, primarily focusing on the Hyperliquid (HYPE) token, reflecting growing institutional interest in altcoins. The treasury, funded by ATW Partners, will also include Solana (SOL) and Sui (SUI) tokens. Following the announcement, LGHL's stock surged nearly 20%. The shift towards corporate altcoin treasuries was echoed by Eyenovia's simultaneous launch of its Hyperliquid reserve. Experts suggest that firms are increasingly viewing these investments as active participation in the crypto ecosystem rather than passive exposure, signaling a significant trend in corporate treasury management strategies.

Everything Blockchain Invests $10M in Solana, XRP, SUI, TAO, and HYPE to Launch Crypto Treasury and Pursue ETF Opportunities

Everything Blockchain is acquiring Solana (SOL), XRP, Sui (SUI), Bittensor (TAO), and Hyperliquid (HYPE) with a $10 million investment to establish a multi-token staking treasury. This positions the company as a frontrunner for potential ETF approvals, allowing retail investors early exposure before institutional interest peaks. With expected staking yields generating about $1 million annually, Everything Blockchain aims to provide dividends to shareholders, pioneering a crypto dividend strategy in public markets. Bullish ETF trends have positively impacted SOL, XRP, and SUI prices, while HYPE and TAO remain stable amidst declining trading volumes in the broader crypto market.

This article has been refined and enhanced by ChatGPT.