Bitcoin Treasury Growth Fuels Institutional Confidence in Digital Assets

A significant surge in Bitcoin holdings by large corporations has fueled the belief that institutional investors are confident about the future of digital assets. Bitwise’s Q3 Corporate Bitcoin Adoption report reveals a continued increase in the number of companies holding Bitcoin, reaching 172 with the addition of 48 new treasuries during the quarter. This surge comes amidst growing DeFi applications and increased interest from institutional investors, as evidenced by analysts’ observations.