According to @rovercrc, publicly traded companies have increased their Bitcoin (BTC) holdings at a faster rate than U.S. exchange-traded funds (ETFs) for the third consecutive quarter. Citing data from BitcoinTreasuries.net, a CNBC report indicates that corporations added approximately 131,000 BTC in the quarter ending June 30, an 18% increase, while ETFs added around 111,000 BTC, an 8% rise. This trend highlights growing corporate adoption, exemplified by Norwegian deep-sea mining firm Green Minerals (GEM), which announced a $1.2 billion BTC treasury strategy. The company initiated its plan by purchasing four BTC for about $420,000, or $105,000 per token, according to its official statement. Green Minerals' chairman justified the move by calling Bitcoin a hedge against inflation and fiat debasement. Despite the company's stock falling nearly 20% following the news, the broader trend continues, with over 245 public companies now holding a combined total of over $88 billion in BTC.

According to @rovercrc, the trend of corporate Bitcoin (BTC) adoption is accelerating with two significant moves. Norwegian deep-sea mining firm Green Minerals (GEM) announced a $1.2 billion BTC treasury strategy, initiating it with a purchase of four bitcoins for approximately $420,000, despite its stock price falling nearly 20% following the news. The company cited Bitcoin's properties as a hedge against inflation. Separately, real estate investor Grant Cardone's firm, Cardone Capital, added 1,000 BTC (worth over $100 million) to its balance sheet and plans to acquire an additional 3,000 BTC by year-end. This growing institutional confidence is highlighted by data showing a 13% increase in companies holding Bitcoin over the past month, bringing the total to over 245 firms with more than $88 billion in BTC reserves.

According to @FarsideUK, corporate adoption of Bitcoin is accelerating with significant institutional moves. Anthony Pompliano's ProCap BTC has acquired 3,724 Bitcoin (BTC) at an average price of $103,785 per coin, initiating a treasury program that could reach $1 billion after its planned Nasdaq listing as ProCap Financial. The firm, which recently raised $775 million, views BTC as the new 'hurdle rate' for capital and intends to use its holdings for yield-generating strategies, as stated in their press release. In a similar trend, Norwegian deep-sea mining company Green Minerals (GEM) has begun a $1.2 billion treasury strategy by purchasing its first four BTC at approximately $105,000 each, citing it as a hedge against inflation. This move, however, triggered a nearly 20% selloff in GEM's stock, as reported by the source. These actions contribute to a growing list of over 245 public companies holding BTC, a 13% increase in the past month, signaling strong institutional support that could impact Bitcoin's long-term price stability.

According to Crypto Rover, Norway-based Green Minerals has officially announced plans to purchase $1.2 billion worth of Bitcoin (BTC), marking a significant institutional move into the crypto market (source: @rovercrc on Twitter, June 23, 2025). This large-scale acquisition underscores growing institutional confidence in BTC as a digital asset and is expected to increase demand and potentially drive price momentum. Traders should monitor market reactions closely, as substantial buying activity from corporate entities can lead to increased volatility and liquidity shifts for Bitcoin and related crypto assets.