With Bitcoin stabilizing just under its May 2025 peak, corporate enthusiasm has reignited. From first-time crypto entrants to billion-dollar buyers, companies are once again positioning BTC as a core treasury asset. Below, we examine the latest major moves.
On June 9, Strategy — formerly known as Microstrategy — announced its latest purchase of 1045 BTC for $110.2 million, at an average price of $105,426 per coin. This brings their total holdings to 582,000 BTC — worth over $62 billion at current prices, representing around 2.75% of all Bitcoin in existence.
The purchase follows a nine-week accumulation streak and was funded through a $1 billion stock offering aimed at crypto acquisitions and general expenses.
KULR Technology Group, a clean energy technology company, announced the acquisition of 118.6 BTC for $13 million, bringing its total Bitcoin holdings to 920 BTC — currently valued around $91 million.
The company is using both cash reserves and proceeds from its At-The-Market equity program. According to internal estimates, BTC holdings have yielded a 260% return over the past year.
CEO Michael Mo said:
“Our commitment to Bitcoin for Corporations reflects a strong belief in Bitcoin’s long-term role as a monetary asset.”
KULR also joined the Bitcoin for Corporations initiative by Strategy and Bitcoin Magazine, aiming to better manage crypto reserves with institutional tools.
Canadian investment firm Belgravia Hartford made its first BTC acquisition: 4.86 BTC for $500,000. The purchase is backed by a $5 million credit facility from Round13 Digital Asset Fund.
CEO Mehdi Azodi commented:
“We’re excited to enter the market at this time. We expect an active summer ahead — both for Belgravia and for crypto.”
The company also reported a $44.1 million non-capital Canadian tax loss, which it plans to use to offset future gains and strengthen its crypto-finance strategy.
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