CoinRank Crypto Digest (6/11)|126 Public Companies Now Hold Bitcoin in Treasury

The SEC accepted Nasdaq’s 21Shares SUI Spot ETF application, initiating a formal review that could bring Sui into traditional financial markets.

126 public companies now hold 819,000 BTC, showing rising corporate adoption of Bitcoin as a long-term reserve asset despite market volatility.

xAI and Polymarket partner to create a “truth engine,” blending AI, social data, and Web3 for real-time, verifiable global insight generation.

SEC ACCEPTS NASDAQ’S 21SHARES SUI ETF APPLICATION FOR REVIEW

Around June 10, 2025, the U.S. SEC formally accepted Nasdaq’s application to list the 21Shares SUI Spot ETF, triggering the official review process.

The application was based on a 19b-4 filing submitted on May 23, with a supporting S-1 registration filed by 21Shares on April 30. Combined, the two filings form the full regulatory package for ETF listing.

The SEC now has up to 240 days (until January 18, 2026) to approve or reject the application. If approved, it would be the first U.S.-listed spot ETF for SUI, the native token of the Sui blockchain.

Analysis:

The acceptance marks a major milestone in bringing Sui into mainstream financial markets. As a rising Layer 1 blockchain, Sui gaining traction from ETF issuers signals growing institutional interest.

The ETF, if approved, could attract regulated capital and raise the network’s profile, accelerating the legitimization and adoption of emerging blockchain ecosystems in traditional finance.

126 PUBLIC COMPANIES NOW HOLD BITCOIN IN TREASURY

As of June 9, 2025, 126 public companies worldwide hold Bitcoin as part of their corporate treasury, according to BitcoinTreasuries data.

That’s a net increase of 22 companies over the past 30 days, reflecting a 3.25% month-over-month growth. These companies collectively hold 819,000 BTC, or roughly 3.9% of Bitcoin’s total supply (21 million).

Analysis:

Despite recent market volatility, corporate adoption of Bitcoin as a long-term store of value continues to accelerate.

The growth reflects:

Rising institutional confidence in Bitcoin

Improved regulatory clarity

Strategic interest in diversifying reserves

Looking ahead, Bitcoin may increasingly be treated as a balance sheet asset, similar to gold or bonds, with direct implications for market structure and pricing dynamics.

XAI PARTNERS WITH POLYMARKET TO BUILD “TRUTH ENGINE”

On June 11, 2025, Elon Musk’s AI company xAI announced a strategic partnership with decentralized prediction market Polymarket.

The collaboration aims to merge Polymarket’s forecasting data, X (Twitter)’s real-time social data, and xAI’s Grok assistant to build a data-driven “truth engine” that enhances understanding of global events and trends.

Analysis:

This collaboration highlights a bold new direction: integrating Web3 technologies with AI and social media for real-time, verifiable insights.

It also signals a mainstreaming of decentralized prediction markets, no longer confined to crypto, but applied to knowledge discovery, public sentiment, and participatory cognition.

xAI × Polymarket could be the first of many Web3 × AI synergies, redefining how we perceive, predict, and participate in the world around us.

〈CoinRank Crypto Digest (6/11)|126 Public Companies Now Hold Bitcoin in Treasury〉這篇文章最早發佈於《CoinRank》。

The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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