Global bitcoin exchange-traded products (ETPs) and publicly traded companies have collectively acquired 944,330 BTC — already surpassing the total amount purchased in all of 2024.
Metaplanet finalized a $1.4B international share offering to fund major Bitcoin purchases and expand its Bitcoin income business, reinforcing its strategy to adopt BTC as its primary reserve asset.
Bitcoin treasury companies can no longer rely on holdings alone to stand out. Jurisdiction, capital strategy, and leadership now define shareholder trust and mNAV.