Swan Bitcoin: Bitcoin’s Billion-Dollar Arms Race Heats Up!

Over the past few years, several companies have started to add bitcoin to their balance sheet. Regulatory agencies have finally provided clarity on how to value bitcoin holdings. That makes it easier for companies to do so.

Buying and holding bitcoin allows a corporation to benefit from the long-term upside of bitcoin. And buying bitcoin today reduced the amount on exchanges available for sale. Given bitcoin’s hard-coded scarcity, that could help fuel a price increase for bitcoin.

Some now project that bitcoin could rally as far as $180,000 by the end of 2025. That’s creating a demand for new companies focused on buying bitcoin.

The latest company is called Twenty One Capital, a reference to the 21 million maximum bitcoin that will ever be mined. The venture will launch with 42,000 bitcoins. And it’s backed by several large crypto venture funds, including tech investment giant SoftBank Group.

Twenty One Capital will join the ranks of companies like Strategy (MSTR), which has become the leader in acquiring bitcoin. Strategy has even employed stock sales, debt issuances, and preferred share offerings to raise capital. Today, Strategy owns over 550,000 bitcoin.

Consequently, the shift towards higher prices in recent weeks likely has more room to run as companies keep buying. Individual investors can also buy bitcoin to profit from a move higher.

To see the full analysis on corporate bitcoin buying, click here.