Place your ads here email us at info@blockchain.news
NEW
Corporate Bitcoin (BTC) Adoption Surges as Green Minerals and Cardone Capital Add Over $100M to Treasuries | Flash News Detail | Blockchain.News
Latest Update
7/7/2025 12:36:57 PM

Corporate Bitcoin (BTC) Adoption Surges as Green Minerals and Cardone Capital Add Over $100M to Treasuries

Corporate Bitcoin (BTC) Adoption Surges as Green Minerals and Cardone Capital Add Over $100M to Treasuries

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.

Source

Analysis

A new wave of corporate adoption is bolstering Bitcoin's position as a premier treasury reserve asset, with two significant, yet distinct, entities announcing major BTC acquisitions. Green Minerals (GEM), a Norwegian deep-sea mining firm, and Cardone Capital, a major U.S. real estate investment firm, have both committed to substantial Bitcoin holdings, signaling a broadening acceptance of the digital asset across different industries and capital structures. This institutional inflow occurs as Bitcoin (BTC) demonstrates relative stability, trading in a tight range. The BTCUSDT pair is currently priced at $108,381.48, showing a minor 24-hour change of -0.003%, after touching a high of $109,656.72. The resilience of BTC above the $108,000 level in the face of these large-scale purchases suggests a deep and liquid market capable of absorbing significant demand without extreme price dislocations.

Public vs. Private Adoption: A Tale of Two Strategies

The approaches of Green Minerals and Cardone Capital highlight the different dynamics at play for public and private companies entering the crypto space. Green Minerals, a publicly traded firm on Euronext Growth, announced a bold $1.2 billion treasury strategy, making its first purchase of four BTC for approximately $420,000. Executive Chairman Ståle Rodahl justified the move by citing Bitcoin's role as a hedge against inflation and fiat currency debasement. However, the traditional stock market reacted with apprehension. The company's shares (GEM) plummeted nearly 20% following the news, indicating a significant disconnect between equity investors' risk perception and the firm's forward-looking digital asset strategy. This presents a unique cross-market trading dynamic; while the company's stock suffered, its underlying treasury strategy gained exposure to an asset class many see as a long-term store of value. The firm's plan to introduce a 'bitcoin-per-share' indicator is a novel attempt to bridge this valuation gap for shareholders.

Grant Cardone's Decisive Real Estate and Bitcoin Integration

In contrast to the public market's cautious reaction, private real estate mogul Grant Cardone moved decisively, announcing Cardone Capital has added 1,000 BTC, valued at over $100 million, to its balance sheet. In a statement, Cardone declared his firm the "first ever real estate/BTC company integrated with full BTC strategy." This move instantly places Cardone Capital among the top 30 corporate Bitcoin holders globally if it were a public entity. More importantly, Cardone revealed plans to acquire an additional 3,000 BTC before the end of the year, signaling sustained buying pressure. His strategy of using cash flow from his 14,200 residential units to fund Bitcoin purchases provides a powerful model for integrating hard assets with digital assets, creating a diversified portfolio designed to weather economic uncertainties. This direct, large-scale accumulation from the private sector provides strong underlying support for Bitcoin's price floor.

Market Data Reveals Altcoin Rotation Amidst BTC Stability

While Bitcoin consolidates, trading data reveals a burgeoning rotation of capital into major altcoins, suggesting traders are seeking higher returns while BTC establishes a new support level. The Avalanche (AVAX) to BTC pair is a standout performer, with AVAXBTC surging an impressive 6.73% to trade at 0.00022670 BTC on a robust 24-hour volume of over 859 BTC. Similarly, the SOLBTC pair has climbed 2.09% to 0.00140820 BTC. This outperformance indicates that market participants are comfortable taking on more risk, deploying capital from a relatively stable Bitcoin into altcoins with higher growth potential. The ETHBTC pair also shows modest strength, up 0.428% to 0.02345000. The significant trading volume on pairs like LINKBTC, which recorded over 2,562 BTC in 24-hour volume, further underscores that traders are actively repositioning portfolios within the crypto ecosystem. This rotation is a healthy market sign, indicating confidence in the broader digital asset space, anchored by Bitcoin's newfound corporate backing.

The overarching narrative for traders is the institutionalization of Bitcoin. According to data from Bitcointreasuries, over 245 companies now hold BTC, a figure that grew 13% in the last month alone, representing over $88 billion in holdings. This trend creates a structural, long-term demand for Bitcoin that is less susceptible to short-term market sentiment. The divergence between Green Minerals' stock performance and its crypto strategy highlights potential opportunities for investors who can navigate both markets. For crypto-native traders, the key takeaway is that the baseline of demand for BTC is rising, which could dampen volatility and provide a stronger foundation for future price appreciation. Monitoring future corporate treasury announcements, both public and private, will be crucial for anticipating large-scale buy-side pressure and its cascading effects on the broader altcoin market.

Crypto Rover

@rovercrc

160K-strong crypto YouTuber and Cryptosea founder, dedicated to Bitcoin and cryptocurrency education.

Place your ads here email us at info@blockchain.news