According to @rovercrc, 35 publicly traded companies now hold more than 1,000 Bitcoin each on their balance sheets, signaling a significant vote of confidence from institutional investors. This influx of corporate holdings is seen as extremely bullish for Bitcoin (BTC), indicating increased acceptance and potential for upward price movement. Traders should monitor these companies' actions as institutional adoption often impacts BTC liquidity and volatility. Source: @rovercrc.

According to @Andre_Dragosch citing @BTCtreasuries, only 121 public companies worldwide currently hold Bitcoin (BTC) on their balance sheets, compared to the 5000 companies listed in the US Wilshire 5000 index. This data underscores that institutional and corporate adoption of BTC remains in its infancy. For traders, this presents significant upside potential for future corporate demand, indicating that the broader integration of Bitcoin into corporate treasuries could drive mid- to long-term price growth as adoption accelerates. Source: @Andre_Dragosch on Twitter, @BTCtreasuries.