Firms Boost Bitcoin Treasuries as Worldwide Adoption Accelerates

Corporations Boost Bitcoin Holdings with Nearly $280M in New Capital

Corporate interest in bitcoin shows no signs of slowing down, as several firms have recently announced significant funding aimed at expanding their BTC reserves. Combined, H100 Group, Remixpoint, and LQWD Technologies have secured nearly $278 million to reinforce their bitcoin treasuries amid growing global adoption of the cryptocurrency.

Remixpoint Targets 3,000 BTC

Japanese energy consultancy Remixpoint (3825) disclosed on Wednesday that it raised approximately 31.5 billion yen ($215 million) in fresh funding.

Currently holding 1,051 BTC, the firm plans to use the capital exclusively to increase its bitcoin holdings, with a goal of reaching 3,000 BTC in the near future.

H100 Group Continues to Build BTC Position

Swedish health tech company H100 Group (H100) announced an additional 516 million kronor ($54 million) in funding from its Tranche 6 and Tranche 7 offerings, initially revealed on June 16.

The firm’s total funding now stands at 921 million kronor, and it plans to allocate these resources to initiatives supporting its bitcoin treasury strategy. H100 currently owns 248 BTC.

DigitalX Draws Institutional Support

Meanwhile, DigitalX (DCC) has raised $20.7 million from notable investors such as Animoca Brands, UTXO Management, and ParaFi Capital to further grow its bitcoin reserves.

The placement was completed at $0.074 per share, accompanied by warrants exercisable at $0.15. Additionally, company directors intend to contribute another $610,000, pending shareholder approval.

LQWD Technologies Eyes Lightning Network Growth

Canadian firm LQWD Technologies (LQWD), known for operating enterprise-grade nodes on the Lightning Network, announced this Monday that it has expanded its ongoing funding round to C$12.3 million ($9 million).

LQWD plans to allocate the funds toward acquiring more bitcoin to support its Lightning Network activities. The company currently holds 181 BTC.

These developments highlight the growing trend of companies treating bitcoin not merely as an investment asset but as a strategic element woven into their business operations. As global crypto adoption accelerates, corporate BTC treasuries are likely to keep expanding.