From Fringe to Mainstream: Corporate Treasuries Amass Over 1 Million BTC

Reading time: < 1 minute

What started as a controversial strategy by MicroStrategy has blossomed into a full-blown corporate movement. On Thursday, the total Bitcoin held by public companies officially passed 1 million BTC.

This growing trend, which includes miners like Marathon Digital and traditional firms like Semler Scientific, demonstrates a rising appetite to capitalize on Bitcoin’s long-term value proposition.

The success of these early corporate adopters, witnessing significant growth on their balance sheets, is inspiring a wave of imitators, though analysts believe this institutional accumulation story is still in its early chapters.

Louis Adams https://www.satoshihodler.com

I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.