The post Companies continue to spawn Bitcoin treasuries: Here’s why appeared on BitcoinEthereumNews.com.

For several years, Strategy (formerly MicroStrategy) was the sole public company whose modus operandi was buying millions of dollars worth of Bitcoin with borrowed capital. These days, several other companies are trying to follow in Strategy’s footsteps. As more companies go all-in on stacking Bitcoin, critics are raising concerns about the growing centralization of crypto treasuries. Currently, just 216 entities—101 of which are public companies—hold nearly 31% of the circulating BTC supply, with corporate treasuries alone accounting for approximately 765,300 bitcoins, or 3.7% of total supply (excluding lost coins). This trend shows no sign of slowing, with existing firms continuing to accumulate and new players entering the space. This prompts debate over the benefits and risks of corporate Bitcoin ownership. The trend is in full swing A wave of high-profile crypto treasury launches is underway, led by figures like Jack Mallers with 21 Capital, David Bailey with Nakamoto, and most recently Anthony Pompliano with ProCapBTC, which is reportedly raising $750 million in equity and convertible debt to accumulate Bitcoin. Each new treasury announcement is met with bullish fanfare on Crypto Twitter, where influencers routinely frame the news as a catalyst for BTC price appreciation. Yet with such announcements now occurring almost daily, their actual impact is increasingly unclear. The familiar refrain of “this is not priced in” has become a cliché, while comment sections often reflect confusion over why Bitcoin’s price continues to fall despite seemingly bullish developments. Do Bitcoin treasuries pump BTC’s price? According to the Gemini research, the growing adoption among sovereign and regulated financial institutions led to decreased volatility in all time frames after 2018. The launch of Bitcoin ETFs in 2024 made the trend even stronger. Despite the stabilization of the Bitcoin price, it doesn’t stop gaining value. The main difference is that now the price rises steadily…

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Filed under: News - @ June 15, 2025 8:17 pm