Traditional financing companies and institutions (Trafi) accelerate the accreditation of prevailing cryptocurrencies, with large investments in Bitcoin (BTC).
After Michael Celor’s progress, companies across Brazil, Middle East, Asia and beyond are increasingly Bitcoin as a backup asset.
Trafi money flows to the encryption market With bitcoin purchases
On May 15, Fintech is on the Fintech list on the Finetech list the first company to include BTC in the Treasury Department.
“Historical Day! Our shareholders have agreed, with a wide majority, Melose turned into the first company of the Treasury in Bitcoin, listed in Brazil,” the Chairman of the Board of Directors of Miles, Israel Salman, to publish On x.
The company also acquired 274.52 BTC for $ 28.4 million, to achieve BTC’s return by 600 %. The average purchase price was 103,604 dollars. On March 6, Méliuz Spent 4.1 million dollars to buy 45.72 bitcoins at 90,296 dollars per currency. The company now has a total of 320.2 BTC, at a value of $ 33.3 million at current market prices.
In the Middle East, the restaurant group, a publicly listed company in Bahrain, followed its example. With the acquisition of 5 BTC, the first company in the region is to build a bitcoin reserve strategy.
The company announced in an official press release that it had partnered with the US Capital’s investment manager to become “Microstrategy in the Middle East.” In addition, you plan to raise more capital to expand the purchase of the initial bitcoin. The company aims to increase the new KPI from Bitcoin to the stock.
“Our initiative is to become the Bitcoin Treasury Company reflects our approach to thinking forward and dedication to increasing the value of shareholders to the maximum. We believe that Bitcoin will play a pivotal role in the future of financing, and we are excited to be at the forefront of this transformation,” I mentioned.
The consolidation of the trend, the sovereign wealth fund in Abu Dhabi, Mobala, has increased the investment of ISHARES Bitcoin Trust Etf (IBIT) in the first quarter of 2025. 13 f file With SEC, the company owns 8.7 million Bitcoin ETF shares from Blackrock, an increase of 8.2 million in the fourth quarter of 2024.
Meanwhile, Coinsilium Group Limited, which is based in London, collected $ 1.6 million (1.25 million pounds) to develop its Bitcoin Treasury company, Forza (Gibraltar) Limited.
“Coinsilium Group Limited (Aquis: Coin, OTCQB: CINCF), the Web3 investor, the consultant, and the project build that it has been announced that he had collected 1.25 million pounds of total pounds through LED share at 31,66657 ordinary stocks from the lack of” normal “value) increased subscription,” press release Read.
In Asia, the Japanese Energy Management System Development Company, Remixpoint, invested $ 3.4 million to increase BTC’s possessions. Company Detected It bought 32.83 BTC on May 13.
This last step reaches the tidal holdings of 648.82 BTC. This gradual acquisition reflects a steady commitment to bitcoin as a value store.
Beincrypto also reported that a Chinese company discusses obtaining up to 8,000 bitcoin currency from “large and influential” holders. However, a binding agreement has not been completed yet.
American companies accelerate the adoption of bitcoin
It is worth noting that companies in the United States are not behind the direction of bitcoin adoption. DDC Enterprise has announced a Bitcoin reserve strategy targeting 5000 BTC within 36 months.
The founder and CEO Norma Zhou confirmed that the initiative is the key to the company’s strategy to create a long -term value.
The unique unique Bitcoin characteristics as a store of value and hedging against total economic uncertainty are perfectly in line with our vision to diversify reserves and strengthen the returns of shareholders, ” Note.
Previously, in late April, Cantor Fitzgerland, SoftBank, Tether and BitFinex collaborated to launch a Bitcoin investment vehicle called 21 Capital. On May 13, the newly created company purchased and bought 4,812 Bitcoins at a value of $ 458.7 million.
Behind Bitcoin, other cryptocurrencies also attract Trafi’s interest. For example, Blockchain Tech BTCS plans to allocate $ 57.8 million to ETHEREUM (ETH), and she chose the second largest encrypted currency on Bitcoin.
These developments indicate a maturity market where Blockchain companies attract a large capital to bridge the gap between Traffi and Crypto Ecosystems.
Disintegration
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