The surge in acquisitions coincides with Bitcoin reaching a record price of $123,000, reflecting growing confidence in the asset as a long-term store of value.

Leading the charge, Strategy—under Michael Saylor—acquired 4,225 BTC, while Japan’s Metaplanet added 797 BTC. France’s Sequans and the UK’s The Smarter Web Company also made significant additions with 683 BTC and 325 BTC, respectively. Other contributors include Semler Scientific, DigitalX, and Cango, with purchases spanning across the U.S., Europe, and Asia.

During the same period, four new corporate treasuries were launched, and 17 firms disclosed plans to adopt Bitcoin in the future. One of the most ambitious is Blockstream-backed BSTR, which aims to hold 30,000 BTC. Additional companies—including Volcon, Click Holdings, and OFA Group—have pledged hundreds of millions in combined investment.

Beyond acquisitions, 11 companies unveiled BTC fundraising rounds, raising over $47 million to date. Smarter Web led the way with $23.5 million, followed by Belgravia Hartford and Blockchain Group. Meanwhile, filings from firms like Matador Technologies and Bitcoin Treasury Corporation hint at multi-million-dollar BTC purchases ahead.

This burst of activity follows Bitcoin’s recent surge and comes amid broader strategic shifts. Tao Alpha rebranded as Satsuma Technology, and several firms filed new shelf prospectuses to support future acquisitions.

The momentum reflects Bitcoin’s growing appeal among public firms, driven by price appreciation and institutional trust. With BTC now at historic highs, the race for corporate accumulation appears far from over.

The post Public Companies Accelerate Bitcoin Buys Amid Price Record appeared first on Coindoo.

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Filed under: Bitcoin - @ July 20, 2025 10:00 am