According to @rovercrc, two publicly traded companies are making significant moves to increase their Bitcoin holdings, potentially signaling a bullish trend for the asset. Bitcoin rewards firm Fold has secured an equity purchase facility of up to $250 million to expand its corporate Bitcoin (BTC) treasury, which currently holds 1,490 BTC, as stated in their announcement. Separately, Mercurity Fintech Holding (MFH) announced it is raising $800 million to establish its own Bitcoin treasury. Mercurity's strategy, according to their press release, involves not just acquiring BTC but also integrating it into a "yield-generating, blockchain-aligned reserve structure" with tokenized tools and staking services. The company's plan coincides with its announced inclusion in the Russell 2000 and Russell 3000 indexes, which could increase its visibility to investors. These institutional-level acquisitions could create significant buying pressure for BTC, a key factor for traders to monitor.

According to @FarsideUK, the corporate trend of adding Bitcoin (BTC) to company treasuries is accelerating with two new announcements. Lingerie Fighting Championships (BOTY) plans to acquire $230,000 in BTC within 30 days, increasing to $2 million over six months, a move coinciding with its expansion into the UK. LFC's CEO stated the company believes 'bitcoin has lots of potential to grow to levels never seen before.' Separately, New York-based Mercurity Fintech Holding (MFH) announced it is raising $800 million to create a significant Bitcoin treasury. Mercurity's strategy involves not just acquiring BTC but also integrating it into a 'yield-generating, blockchain-aligned reserve structure' with tokenization and staking services, as stated in a press release. This news comes as MFH is set for inclusion in the Russell 2000 and Russell 3000 indexes. MFH shares rose 1.9% in the previous session but fell 2.84% in after-hours trading following the announcement.