#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
💬 Do you think Bitcoin will become a new norm for corporate asset allocation? How might this impact Bitcoin’s price? What’s your recent BTC trading strategy? Post to share your price predictions, market analysis, and strategies with us using the topic tag!
🎁 Meanwhile, Gate’s BTC Staking event is in full swing! Simply stake your BTC and earn up to 3% APY. Click the link to start staking and enjoy your earnings: https://ww
#BitcoinStrategicReserveAct#
#FOMCMeeting#
New Hampshire made history! As of May 7, it became the first U.S. state to include Bitcoin in its strategic reserves. With the HB 302 bill, up to 5% of public funds can now be allocated to digital assets with a market value of over $500 billion and precious metals.
This is not just an investment decision; it is also a radical step towards economic sovereignty.
So what does this mean?
A structural increase in Bitcoin demand can be expected. Considering the cautious nature of public funds, this decision could serve as an example for other states and even countries.
Finding a place in strategic reserves could shift Bitcoin's perception from a "speculative asset" to a "store of value."
This decision may also indicate that the U.S. has started to develop alternative strategies against inflation and dollar-centered risks.
If this trend spreads; Bitcoin could become a refuge not only for individual investors but also for governments.
New Hampshire has opened this door. Now all eyes are on the other states...
Who do you think will be next? Texas, Florida, or a European country?
Share your thoughts in the comments!
However, the value coins have not returned.