Daniel Cunha, head of corporate development at Mercado Bitcoin, revealed that corporate clients, primarily small and medium enterprises, hold 10% to 15% of the exchange's assets under custody. These companies focus on holding bitcoin and stablecoins such as USDT and USDC for cash management purposes rather than trading.
Cunha highlighted that the trend is influenced by firms like Strategy, which holds 639,835 BTC, and noted that publicly traded companies globally possess over 1 million BTC. The increasing institutional adoption is contributing to reduced crypto market volatility, making bitcoin more appealing for corporate treasuries.
Mercado Bitcoin Reports 10-15% of Assets Held by Corporate Clients
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