Bitcoin Treasury Holdings Cross $113 Billion, Who Are The Major Stakeholders?
Many public companies are now turning to a Bitcoin strategy, with many of them undergoing treasury changes. Notably, public companies holding Bitcoin on their balance sheets have seen their aggregate holdings surge past $113 billion in early September. This balance shows not only strong institutional conviction in Bitcoin as a reserve asset but also the […]
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In addition to trying to define stablecoins, the UK is looking to establish how close it wants its crypto laws to be to other countries. Her Majesty's Treasury requests and requires the crypto industry's input on prospective regulation.In a Jan. 7 announcement of open consultation, the United Kingdom's finance policy department is asking the crypto community to weigh in on a series of proposals: "The government invites views from a wide range of stakeholders, and particularly firms engaged in cryptoasset activities." While Brexit formally came into effect early last year, New Year's Eve....
According to a press release, MARA Holdings, Inc. now reports holdings valued at close to $6 billion, totaling 52,477 BTC. That level puts the miner among the largest public corporate Bitcoin holders, trailing only Michael Saylor’s Strategy in the public treasury rankings. Related Reading: Russia Looks To Open Crypto Market Wider For Citizens – Details […]
Stone Ridge Holdings Group announces $50 million in new funding for its digital asset subsidiary as well as significant BTC treasury holdings.
In an inflationary environment, assets like Bitcoin are becoming more attractive to corporations looking to diversify their cash holdings. Big Four auditor KPMG’s Canadian operation has officially added Bitcoin (BTC) and Ether (ETH) to its corporate treasury, joining other major companies in converting a portion of its fiat holdings into digital assets. The decision to add Bitcoin and Ether to its balance sheet reflects KPMG Canada’s belief that cryptocurrencies are a “maturing asset class,” says Benjie Thomas, a managing partner for the firm. KPMG in Canada is following in the footsteps....
Fold Holdings, a US-based Bitcoin (BTC) financial services firm, announced today the addition of 475 BTC to its corporate treasury. This acquisition positions Fold Holdings among the top 10 US public companies with the largest Bitcoin reserves. Fold Holdings Unveils Bitcoin Purchase Bitcoin adoption among corporations continues to snowball, as Nasdaq-listed Fold has acquired another […]