Trump-linked miner American Bitcoin Corp now holds 7,000 BTC, climbing the list of largest corporate treasuries as many firms sell; Metaplanet raised $255M to expand its own BTC stash.
GameStop disclosed in its fiscal 2025 annual report that it pledged 4,709 of 4,710 bitcoin as collateral to Coinbase Credit to execute a covered-call options strategy, confirming it retained its BTC holdings instead of selling them. The move signals the company is using derivatives to monetize its crypto position while keeping exposure to price gains.
Strive bought 317 BTC, raising its corporate reserve to 13,628 BTC and moving into the top 10 list of public Bitcoin holders. The purchase underscores continued institutional accumulation of BTC.
Steak ‘n Shake is expanding Bitcoin use across payments, employee bonuses, and its corporate treasury, saying the strategy is lifting same-store sales and reshaping its financial model.
Ripple says corporate treasuries are increasingly using digital assets and stablecoins for treasury operations, vendor payments, and payroll, positioning CFO offices to lead a new wave of blockchain adoption. The shift could boost demand for payments infrastructure and real-world utility for XRP.
Corporate treasury teams are increasingly using USDC for settlement, with USDC surpassing Tether in transfer volume as overall stablecoin activity hits record highs. The move reflects a broader shift from traditional bank wires to tokenised-dollar rails for faster, cheaper corporate payments.
Records show STRC sold equity on Monday to fund the acquisition of about 1,420 BTC after amending its Omnibus Sales Agreement to allow multiple agents to execute out-of-hours sales. The transaction underscores continued corporate demand for bitcoin and a new mechanism for large liquidity moves.
Venture capitalist Chamath Palihapitiya said he doubts bitcoin can serve as a central bank reserve, citing privacy and fungibility problems that complicate sovereign use. His comments intensify scrutiny of corporate strategies like MicroStrategy’s large BTC holdings.
Anthony Pompliano’s ProCap Financial bought 450 BTC, raising its treasury to 5,457 BTC and trading under Nasdaq ticker BRR. Gold advocate Peter Schiff publicly criticized the purchase, reiterating his preference for gold over Bitcoin.
Michael Saylor’s dollar-cost-averaging corporate strategy now holds 717,131 BTC — worth over $54 billion — as it enters its seventh year. The accumulation remains the largest corporate Bitcoin DCA on record.