Bitcoin Treasury Firms Expand War Chests as Global Adoption Rises

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Companies gathering bitcoin (BTC) treasuries are presently the absorption of the digital-assets ecosystem arsenic planetary adoption widens, and 3 existing participants person announced a full of astir $278 cardinal successful caller backing to boost their holdings successful caller days.

Remixpoint (3825), a Japanese vigor consulting firm, disclosed Wednesday that it raised astir 31.5 cardinal yen ($215 million) successful caller financing. Remixpoint holds 1,051 BTC and intends to deploy the full superior toward buying more, with a near-term extremity of reaching 3,000 BTC successful its treasury.

Sweden’s H100 Group (H100), a wellness exertion company, said it secured an additional 516 cardinal kronor ($54 million) done its Tranche 6 and Tranche 7 financing rounds, originally announced connected June 16. Total superior raised present stands astatine 921 cardinal kronor, it said Wednesday. H100 presently holds 248 BTC and plans to nonstop funds toward opportunities tied to its bitcoin treasury strategy.

Canada’s LQWD Technologies (LQWD), which operates a web of enterprise-grade nodes connected the Lightning network, said Monday it accrued its financing circular to C$12.3 cardinal ($9 million). The superior volition enactment further bitcoin acquisitions arsenic portion of LQWD’s Lightning Network business. LQWD presently holds 181 BTC.

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