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Corporate Bitcoin Accumulation Surges: Key Players Making Moves
As Bitcoin nears the record highs observed in May 2025, corporate interest in the cryptocurrency is witnessing a significant revival. Notable companies, from newcomers to established entities enhancing their existing holdings, are stepping up their investments in Bitcoin. Here’s a detailed overview of the latest advancements in corporate Bitcoin acquisition.
Strategic Accumulation by Strategy
On 9 June 2025, Strategy, the rebranded name for MicroStrategy, revealed it had purchased 1,045 BTC at a cost of approximately US$110.2 million (AU$168.94 million), averaging US$105,426 (AU$161,623) per Bitcoin. This acquisition has brought Strategy’s total holdings to an impressive 582,000 BTC, valued at over US$62 billion (AU$95.3 billion), amounting to more than 2.75% of the total Bitcoin supply.
This latest purchase marks the continuation of an aggressive nine-week accumulation strategy. It follows a substantial US$1 billion (AU$1.5 billion) stock offering intended to fuel further cryptocurrency investments and support corporate expenditures.
“Our latest purchase of Bitcoin showcases our commitment to the cryptocurrency and reflects our ongoing belief in its potential,” stated Michael Saylor, co-founder of Strategy.
KULR’s Expanding Treasury
KULR Technology Group, a firm focused on sustainable energy, has also expanded its Bitcoin reserves, acquiring 118.6 BTC for US$13 million (AU$19.95 million). This brings their total Bitcoin holdings to 920 BTC, estimated to be worth around US$91 million (AU$139.92 million) at current market rates.
KULR is financing this acquisition through its cash reserves and proceeds from its At-The-Market equity program, boasting a remarkable year-to-date Bitcoin yield of 260%. The company plans on allocating up to 90% of its cash to Bitcoin, signalling a strong commitment to its long-term value.
Michael Mo, CEO of KULR, expressed, “Our commitment to Bitcoin for Corporations indicates our belief in Bitcoin as a viable monetary asset. As we scale our treasury, we look forward to collaborating with other forward-thinking institutions in this area.”
KULR has aligned itself with the Bitcoin for Corporations initiative, established by Strategy and Bitcoin Magazine, to leverage institutional tools for managing its cryptocurrency strategy.
Belgravia Hartford’s Market Entry
The Canadian investment firm Belgravia Hartford has made its initial move into the Bitcoin market, acquiring 4.86 BTC for US$500,000 (AU$766.52k). This move is supported by a US$5 million (AU$7.66 million) credit facility from Round13 Digital Asset fund.
Mehdi Azodi, CEO of Belgravia, remarked, “We are very pleased to have entered the market at this time. Belgravia and Round13 DAF will closely monitor our BTC holdings as we anticipate an active summer for cryptocurrencies.”
In addition, Belgravia announced plans to utilise a CAD $44.1 million (AU$49.41 million) non-capital tax loss to offset future gains, thereby bolstering its treasury position.
Conclusion
The growing trend of corporate Bitcoin adoption highlights an increased confidence in the cryptocurrency’s long-term viability as an asset. With major players actively expanding their holdings, the potential for Bitcoin to solidify its place in corporate treasury strategies appears more promising than ever.
This renewed corporate enthusiasm suggests that Bitcoin is more than just a passing trend, as companies allocate resources to harness its potential advantages in the evolving financial landscape.
This summary encapsulates the current wave of corporate interest in Bitcoin, emphasising notable acquisitions and strategic approaches from various entities.
