Global corporations have allocated a total of $145 million to Bitcoin and Ethereum as part of their treasury reserves, according to BBX data. Nomura's digital asset subsidiary, Laser Digital, announced a $50 million strategic increase in Bitcoin holdings, marking a significant move by a major Japanese financial institution to treat BTC as core Tier 1 capital. Meanwhile, Reddit has begun converting excess cash reserves and advertising revenue into BTC and ETH to support its "creator economy."
Zillow Group has approved a $25 million Bitcoin allocation to serve as a cross-border liquidity buffer for its global operations. Additionally, WonderFi has committed to allocating 15% of its quarterly net profits to Bitcoin, with an initial purchase of $2.4 million. Stronghold Digital has converted $10 million in cash from a debt-for-equity agreement into Bitcoin, aiming for a financial restructuring focused on high Bitcoin holdings.
Global Firms Invest $145M in Bitcoin and Ethereum for Treasury Reserves
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