You Won’t Believe How Much Bitcoin Billionaires Are Hoarding Now! ๐
What you need to know:
- So apparently, now 116 public companies are playing “HODL” with a total of 809,100 BTC โ enough to buy a small country or a really expensive yacht. ๐
- This is a *stunning* increase from just 312,200 BTC a year ago โ because who doesn’t love a good growth story? Nearly 100,000 BTC have been added since early April alone. We see you, crypto whales. ๐
- And if you thought that was wild, tokenized real-world assets (RWAs) just grew over 260%, hitting a shiny $23 billion this year. Because nothing says “trust me on this” like a bunch of digital tokens tied to real stuff.
Bitcoin isn’t just a buzzword anymore โ it’s practically the corporate currency of choice. As of the end of May, 116 big companies are playing with around $85 billion worth of BTC, according to Binance Research. Thatโs more zeros than a Taylor Swift fanโs phone number. ๐ฑ
This meteoric rise from 312,200 BTC a year ago is fueled by rising prices and, apparently, a desire to look like they’re riding the crypto wave. Since early April, 100,000 BTC have slipped into corporate vaults โ probably to impress investors or just because “YOLO,” right? ๐คทโโ๏ธ
Meanwhile, Trumpโs pro-crypto stance – because who doesnโt want a president who loves digital gold? – has sparked rumors of a “Crypto Capital of the Planet” and a US Bitcoin Reserve. Presidential tweet confirmations still pending. ๐ณ๏ธ
In fact, since Trump won the 2020 election, bitcoin treasury holdings exploded in November. Coincidence? Or maybe a secret government plan to corner the pizza delivery market? ๐
Thanks to new accounting rules from FASB, companies can now recognize gains on their BTC holdings without guilt โ because nothing says “weโre responsible” like bragging about your massive crypto gains. ๐ผ
Nifty new players like GameStop (GME) and PSG are now dabbling in Bitcoin โ because why not? But Strategy still owns over 70% of the crypto pie, because theyโre the OGs in the corporate “HODL” game. ๐ฐ
And if you thought that was all, some companies are experimenting with other assets โ like Ethereum (a cool $425 million), Solana, and even talking about a $300 million reserve in China. Because diversification is key when you’re trying to sound fancy at board meetings. ๐ธ
But letโs be real โ most of these altcoins are just trying to rebrand as “token-forward” disruptors. It’s like putting a fancy hat on a pig, but hey โ itโs the effort that counts. ๐ท๐ฉ
Oh, and RWAs โ tokenized real-world assets โ have skyrocketed more than 260%, jumping from $8.6 billion to $23 billion this year. Because nothing says โtrust meโ like digital assets pretending to be actual stuff. ๐ฆ
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2025-06-05 17:02