Corporate Bitcoin treasury holdings have surged over the past two years, with many leading companies doubling their BTC balances since December 2023. This growth is fueled by regulatory shifts and increased bank involvement in the crypto space. PNC Bank has partnered with Coinbase, enabling private clients to trade Bitcoin directly from their bank accounts. Additionally, the Office of the Comptroller of the Currency (OCC) has authorized U.S. banks to engage in cryptocurrency trading. These developments reflect a significant shift in institutional and regulatory attitudes towards cryptocurrencies, potentially enhancing liquidity and adoption.
Corporate Bitcoin Holdings Double as Banks Embrace Crypto Trading
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