9 Major Companies That Adopted Strategic Bitcoin Reserves This Month

Quick Summary:

In the wake of President-elect Donald Trump’s proposal for a strategic Bitcoin (BTC) reserve at the National Bitcoin Conference in Nashville earlier this year, there has been a noticeable uptick in BTC adoption by various countries and companies.

Japanese firm Remixpoint, which operates in the energy and automotive sectors, announced plans to acquire BTC worth 500 million yen (approximately $3.27 million).

This decision follows the company’s earlier announcement of a “Bitcoin-first” strategy, pledging to allocate 90% or more of its current and future reserves into BTC, with an initial target of $120 million.

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Article Details

Author / Journalist: Ronaldo Marquez

Category: Crypto

Markets: HungaryGermanyJapan

Topics: BTCUSDT Strategic Bitcoin Reserve Btcusd Bitcoin strategic reserve Crypto news Strategic Bitcoin Reserve News Cryptocurrency Crypto Bitcoin News Bitcoin news Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-28 @ 08:30:05 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 479 words

Reading Time: 3 minutes read

Sentences: 31 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 23916438

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