Skip to content

US Firms Signal Institutional Confidence with Major Bitcoin Acquisitions Following Fundraises

Several US companies are significantly bolstering their Bitcoin and cryptocurrency holdings after securing substantial funding, highlighting growing institutional confidence in digital assets.

DDC Enterprise raised $528 million specifically earmarked for expanding its Bitcoin treasury. The company aims to acquire approximately 5,000 Bitcoin over the next three years.

Separately, Fold Holdings announced a $250 million equity facility dedicated to increasing its Bitcoin reserves. This funding could potentially add up to 2,390 Bitcoin to the company’s treasury holdings.

BitMine Immersion Technologies also contributed to the trend, purchasing $16.3 million worth of Bitcoin. This acquisition brings BitMine’s total Bitcoin holdings to over 154 BTC.

In a notable shift towards decentralized finance, biotech firm Eyenovia is acquiring over one million Hyperliquid (HYPE) tokens. This move accompanies a strategic rebranding, with Eyenovia transitioning its focus to become Hyperion DeFi.

Collectively, these actions underscore a broader institutional trend where companies are increasingly utilizing cryptocurrencies for treasury diversification and long-term value strategies.

Leave a Reply

Your email address will not be published. Required fields are marked *

More Reading