- Sixteen companies added 4,456 BTC, signaling rising corporate interest in Bitcoin treasury strategies.
- Bitcoin rebounded to $105K after a brief dip, showing continued resilience amid volatility.
Bitcoin [BTC] continues to capture global attention, gaining favor not just among retail investors but also institutions and even nations, especially with growing support from political figures like U.S. President Donald Trump.
Yet, despite the growing optimism, the crypto giant hasn’t been without its share of volatility.
Still, this week brought a wave of enthusiasm for BTC enthusiasts, with 42 notable developments surfacing.
Companies embracing a Bitcoin treasury strategy
One such highlight came from @btcNLNico on X (formerly Twitter), who reported that sixteen companies have now embraced Bitcoin treasury strategies, with five of them collectively investing $10.2 million.
This marked a significant shift in corporate adoption.
@btcNLNico further added,
“16 companies added bitcoin, totaling 4,456 BTC. 11 companies announced future purchases worth billions of dollars – including 4 that haven’t officially launched yet.”
Yet, out of 11 companies, only four have begun planning acquisitions so far.
Early adopters include Norway’s K33, which invested $1.04 million in BTC, and Australia’s Locatec Technologies, with $633K.
Spain’s Vanadi Coffee started with 5 BTC and aims to reach 10,000 BTC—worth over $1 billion—by year-end.
Meanwhile, Banking Giant invested $7.35 million, and UK-based Reitar Logtech Holdings expanded its holdings with institutional support.
In Asia, South Korea’s K Wave Media is raising $500 million for BTC, while Know Labs (U.S.) and Solarbank (Canada) each plan $104M investments, signaling growing cross-sector momentum.
Domino effect
Needless to say, more companies are reshaping their financial strategies by adopting Bitcoin as a long-term treasury asset.
For instance, Treasure Global targets $100 million in BTC, while Davis Commodities plans to allocate $4.5 million.
Windtree now accepts crypto payments and will hold digital assets on its books.
Then, Coinbase’s 82% drop in account freezes has helped boost institutional trust.
Not only this, even traditional firms like Blue Star Capital, Bluebird Mining, and Silo Pharma are joining in, with ATIF Holdings aiming for 1,000 BTC over five years.
In fact, Essential is even converting gold into Bitcoin.
With nearly $464 million in BTC already committed, this shift signals Bitcoin’s rising status as a strategic financial cornerstone.
Communtiy reaction and Bitcoin’s price action
However, not everyone seemed to be excited about this report, as noted by a YouTuber, Robert Dewey, who said,
“Not a bubble top. Most of these are likely to become recurring purchasers and there are likely hundreds behind them in the near term and thousands in the long term.”
He further added,
“These are public companies. Privately owned companies represent another tens of thousands and this is US primarily.”
That being said, BTC’s price movement between the 2nd and the 6th of June highlighted the ongoing volatility that still defines the asset.
After reaching approximately $105,000 on 2nd June, BTC saw a dip to $100,000 just four days later.
However, the leading cryptocurrency quickly regained momentum, climbing back to $105,491.74 at the time of the latest update, marking a 2.14% increase in the past 24 hours, according to CoinMarketCap.
This rebound underscores Bitcoin’s resilience even amid market fluctuations, reinforcing its appeal as a strategic asset among companies increasingly integrating it into their financial playbooks.
