Publicly listed companies are increasingly integrating cryptocurrencies like Bitcoin, XRP, and $TRUMP into their treasury strategies. This shift bridges traditional finance with innovative crypto-native approaches, spanning industries from healthcare to asset management. Below, we explore key developments and corporate crypto reserves.
Key Highlights
- Wellgistics Health pioneers XRP as a treasury reserve asset in healthcare.
- GDC Culture Group secures $300M to acquire Bitcoin and $TRUMP.
- Strategy remains the largest corporate Bitcoin holder globally.
Davis Commodities Establishes Bitcoin Reserve
Singapore’s Davis Commodities Limited (DTCK) approved a $30M fundraising plan to:
- Allocate $4.5M to Bitcoin (scaling to 40% of reserves).
- Tokenize agricultural RWAs (sugar, rice, edible oils) to boost liquidity.
- Invest in tech partnerships for digital asset integration.
👉 Explore Bitcoin’s role in corporate treasuries
SharpLink’s $425M Ethereum Treasury Move
iGaming leader SharpLink announced a $425M PIPE deal to convert part of its balance sheet into Ethereum (ETH), marking a major public company ETH reserve adoption.
Backers include:
- Consensys
- Pantera Capital
- Galaxy Digital
Wellgistics Health Adopts XRP for Payments
Wellgistics Health launched a $50M-backed initiative using XRP for:
- Treasury reserves
- Real-time payments to reduce banking delays and costs.
Top Corporate Bitcoin Holders
1. Strategy (Formerly MicroStrategy)
- 592,100 BTC ($63B)
- Utilizes debt/equity to accumulate BTC as a hedge against inflation.
2. MARA (Marathon Digital Holdings)
- 48,237 BTC ($7B)
- Mining-focused with ~$55K production cost per BTC.
3. Twenty One
- 31,500 BTC ($439M)
- Steadily expanded reserves in 2024.
👉 Discover institutional crypto adoption trends
FAQ Section
Q: Why are companies buying Bitcoin?
A: Bitcoin serves as an inflation hedge and long-term growth asset, with historical price surges (e.g., +156% in 2023).
Q: How does RWA tokenization benefit firms like Davis Commodities?
A: It unlocks liquidity, reduces trade costs, and could generate $50M annually in new revenue.
Q: Which public company holds the most Bitcoin?
A: Strategy leads with 592,100 BTC, surpassing Tesla and Coinbase.
Top 20 Listed Bitcoin Holders
| Company | BTC Held | Value (USD) | % of 21M Supply |
|-----------------------|----------|-------------|-----------------|
| MicroStrategy | 580,250 | $63B | 2.763% |
| MARA | 48,237 | $4.96B | 0.230% |
| Twenty One | 31,500 | $3.24B | 0.150% |
| Full table available at BitcoinTreasuries.net |
This trend underscores crypto’s growing role in corporate finance, blending innovation with strategic treasury management.