More firms are turning to $BTC to bolster their financial stances. As a consequence, it has spurred corporate Bitcoin treasury adoption to hit a jaw-dropping 1M $BTC worth $111B+.
The tracker of corporate and institutional $BTC holdings found that Strategy (formerly MicroStrategy) leads with 636,505 $BTC. It was the first public company to start accumulating large chunks of $BTC in August 2020, after all.
Strategy’s treasury success story has paved the way for 184 listed companies to HODL $BTC to this day.
Two new players have also quickly snuck their way into the third and fourth spots on the Bitcoin treasury list: Jack Maller’s XX1 with 43,514 $BTC and the Bitcoin Standard Treasury Company with 30,021 $BTC.
And such momentum shows no signs of dwindling any time soon. More companies have recently announced plans to accumulate $BTC. Naturally, they’ll help boost Bitcoin’s price in the years to come.
Though clearly inspired by $DOGE and $SHIB, $MAXI sets itself apart with a Shiba mascot on steroids. Its persona reflects its mission to dominate trading with optimal market strength.
Like $SHIB, it aims to evolve from a meme coin to a feature-rich project. But instead of launching its own DEX, NFTs, and card game, it eyes futures platform integrations and gamified tournaments.
A generous 15% of its total token supply is set aside for development to support these goals.
The reason is that its price will go up by tomorrow, and its current 169% staking APY (paid daily through smart contract distribution) will drop as more investors catch on – especially considering that 40% of $MAXI is earmarked for marketing.
It brings together blockchain-based eSIM technology and decentralized infrastructure to solve connectivity issues and turn you into a stakeholder.
By participating in the network, you can deploy devices, share connectivity, and earn $XPIN tokens. By doing so, it creates a self-sustaining ecosystem that’s cherished for consuming data, providing it, and staking tokens to earn income and support the project.
That’s just scratching the surface. Earlier this week (on September 1), its XPIN FreeData Plan went live, opening global, borderless, carrier-free connectivity across 149 countries.
As more users adopt the free data plan and DePIN-powered connectivity gains traction, the token’s demand could surge even further.
And with plans to dominate the global crypto wallet market by the end of next year, Best Wallet is looking to $BEST to fulfil its mission. That’s because holding $BEST comes with additional perks and benefits, adding to an already feature-heavy hot wallet.
Best Wallet lets you buy, sell, swap, and stake a thousand cryptos across major chains like Ethereum, Polygon, and BNB Chain.
Soon, it’ll support 60+ networks to give you even broader access to tokens, DeFi apps, and presales – all in one safe space.
The wallet’s security stance is worth a shout-out. Because it’s non-custodial, it gives you complete control of your private keys. That, coupled with 2FA, biometrics, and local encryption, means it offers multiple layers of protection against unauthorized access.
Additionally, it enables seamless cross-chain swaps at competitive rates by tapping into 330+ DEXs and 30 bridges.
It also has much to look forward to in the pipeline: The launch of Best Card (its own crypto debit card), an NFT gallery, and even a rewards hub.
Companies accumulating tons of $BTC and $ETH are validating crypto in a way we’ve never seen before.
With over 1M $BTC exceeding an eye-boggling $111B now sitting on corporate balance sheets, it’s clear that crypto isn’t going anywhere anytime soon.
Whether you’re interested in partaking in futures tournaments, borderless wireless networks, or non-custodial wallets, they each have high profit potential thanks to their novel utility.
But we’re not financial advisors. Always do your own research and never invest more than you’re willing to lose.
