Companies purchase an additional 160,000 Bitcoins in Q2, totaling $17.6 billion
Summary
- It was announced that companies adopting a Bitcoin treasury strategy purchased additional Bitcoins worth $17.6 billion in the second quarter alone.
- In the second quarter, companies' total Bitcoin holdings reached 847,000, accounting for about 4% of the total supply.
- The number of listed companies with a Bitcoin treasury strategy increased to 125 in the second quarter, up 58% from the previous quarter.
It has been revealed that companies adopting a Bitcoin (BTC) treasury strategy purchased Bitcoins worth $17.6 billion (approximately ₩24 trillion) in the second quarter alone.
Cointelegraph, citing data from crypto investment firm Bitwise Asset Management on the 10th (local time), reported that "companies purchased an additional 159,107 Bitcoins in the second quarter." This amounts to more than $17.6 billion at current prices, an approximate 23% increase compared to the first quarter.
The total Bitcoin holdings of companies reached 847,000 as of the second quarter. This is about 4% of the total Bitcoin supply of 21 million.
The number of listed companies holding Bitcoin also increased significantly. As of the second quarter, the total number of companies that have adopted a Bitcoin treasury strategy rose to 125, a 58% increase (46 more companies) over the previous quarter.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul![[Exclusive] “Airdrops also taxable”... Authorities to adopt a ‘comprehensive approach’ to crypto assets](https://media.bloomingbit.io/PROD/news/d8b64ab3-376a-41c1-a0a8-5944ff6b90c7.webp?w=250)
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