menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

Bitcoin Hi...
source image

TronWeekly

2w

read

39

img
dot

Image Credit: TronWeekly

Bitcoin Hits Above 110K as Global Corporations Embrace BTC as a Reserve Asset

  • Bitcoin has surged over $110,000 driven by traditional corporations adopting it as a reserve asset, shifting focus from retail-driven rallies to institutional interest.
  • Major companies like Basel Medical and Genius Group are leading the charge, indicating broader acceptance across various industries including healthcare, education, and manufacturing.
  • European companies like H100 Group and Blockchain Group are also stacking BTC, showcasing a region-wide shift towards decentralized reserves.
  • Institutional FOMO is fueling the Bitcoin surge as companies rush to secure a stake in the limited-supply asset, with corporate BTC holdings exceeding 1 million and accounting for over 5.4% of the circulating supply.

Read Full Article

like

2 Likes

For uninterrupted reading, download the app