Bitcoin
Has taken a deeper mess in corporate chains, with 116 public companies that now have a total of 809,100 BTC, worth around $ 85 billion based on current prices in late May.
It is a dramatic increase from 312,200 BTC, which was held a year ago in corporate taxes, according to Binance Research’s latest report. Nearly 100,000 BTC has been added since the beginning of April alone.
The wave seems to be driven by a mixture of rising prices and structural headwinds. Donald Trump adopted a pro-crypto attitude during his presidential campaign in 2024 and promised to make the United States a global hub for the asset class and create a “crypto capital on the planet.”
Since Trump joined, he has moved to establish a strategic Bitcoin Reserve and an American digital active stock, while the US securities and exchange commission has dropped several lawsuits against major cryptic companies.
Binance’s report shows that Bitcoin Treasury accumulation grew in November when Trump won the election.
Adding to it, new accounting rules for fair value introduced by the Financial Account Standards Board (FASB) this year, allows companies to recognize gains on BTC Holdings and remove a long -term deterrent.
Recent participants, including Gamestop (GME) and PSG, have recently begun to accumulate BTC as a well, yet strategy still has the brother party of BTC in corporate chains with over 70% of the inventory.
Some companies also overturn to other assets. Sharplink owns $ 425 million in ETH while Defi Development and Classover is betting on Solana
. China-based company Webus recently filed a $ 300 million strategic reserve.
Still, these altcoin stocks remain relatively small and are often bound to companies trying to redirect as token-forward units, Binance noted.
Binance’s report also marked the rapid increase in tokenized assets in the real world (RWAs), which has risen more than 260% from $ 8.6 billion to $ 23 billion this year.
