Publicly traded companies significantly expanded their Bitcoin exposure last week, accumulating a net total of $953 million worth of the cryptocurrency. This substantial increase highlights sustained institutional interest in digital assets as a portfolio component.
The buying activity was largely spearheaded by investment firm Strategy, which accounted for over $700 million of the total net purchases. Strategy’s significant allocation underscores its strategic position in driving recent capital flows into the flagship cryptocurrency.
This aggressive accumulation points to a wider trend among corporations seeking diversified treasury strategies. Incorporating Bitcoin into their asset allocation models reflects increasing confidence in its potential long-term value proposition within the institutional investment landscape.