Bitcoin Treasuries Top 1M BTC Exceeding $111B – The Best Altcoins Thrive Amid...
More firms are turning to $BTC to bolster their financial stances. As a consequence, it has spurred corporate Bitcoin treasury adoption to hit a jaw-dropping 1M $BTC worth $111B+. This is wonderful news for the broader crypto world; mainstream adoption goes beyond validating $BTC’s role as a reserve asset and uplifts market confidence in other […]
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Bitcoin is making headlines again, and for all the right reasons. From Saylor’s Strategy to Asia’s Metaplanet, Bitcoin treasuries are proliferating. At the same time, analysts predict new all-time highs could be mere weeks away. And now, BTC Bull token offers a high-octane way to ride the momentum. Bitcoin Treasuries Stack Coins Amid Hyperbitcoinization Buzz […]
During the last year, there’s been a lot of discussion concerning bitcoin treasuries or public firms putting bitcoin on their balance sheets. However, the leading crypto asset by market valuation is not the only digital currency being held by treasuries. Ethereum has become a prominent treasury asset as a number of companies are known to hold the second leading crypto in their reserves.
Ethereum Treasuries Have Grown
According to the bitcoin treasuries list, exchange-traded funds, countries, public companies, and private firms own 1,559,047 bitcoin (BTC) worth roughly $66....
BlackRock downgraded its ratings of the US Treasuries even as the government debt emerged as a haven during this week's stock market sell-off.
As June monthly production updates roll out over the next week, Core Scientific and Bitfarms have both sold nearly 50% or more of their bitcoin treasuries.
There’s a new worry for the crypto market. Companies that hold huge amounts of digital assets on their balance sheets are struggling, and their declining values are putting about 4% of all circulating Bitcoin at risk. While the digital asset treasuries (DATs) are feeling the squeeze, Ethereum-focused ones seem to be holding up just fine. Some of the best altcoins to buy, like Best Wallet Token ($BEST), prove why, as they offer you more bang for your buck. Why Ethereum Holds the Advantage These DATs are basically public companies that have bet big on crypto, and their health is a key driver....