According to @rovercrc, the trend of corporate Bitcoin (BTC) adoption is accelerating with two significant moves. Norwegian deep-sea mining firm Green Minerals (GEM) announced a $1.2 billion BTC treasury strategy, initiating it with a purchase of four bitcoins for approximately $420,000, despite its stock price falling nearly 20% following the news. The company cited Bitcoin's properties as a hedge against inflation. Separately, real estate investor Grant Cardone's firm, Cardone Capital, added 1,000 BTC (worth over $100 million) to its balance sheet and plans to acquire an additional 3,000 BTC by year-end. This growing institutional confidence is highlighted by data showing a 13% increase in companies holding Bitcoin over the past month, bringing the total to over 245 firms with more than $88 billion in BTC reserves.

According to @rovercrc, significant institutional buying pressure for Bitcoin (BTC) is mounting as two major firms add the cryptocurrency to their balance sheets. Anthony Pompliano's ProCap BTC has acquired 3,724 BTC at an average price of $103,785 per coin, following a $775 million capital raise, according to the source. The firm, which plans to list on Nasdaq as ProCap Financial, views Bitcoin as the new 'hurdle rate' for capital deployment and intends to use its holdings in yield-generating strategies. In a separate move, Grant Cardone's Cardone Capital announced the purchase of 1,000 BTC, integrating a full Bitcoin strategy with its real estate assets. Cardone Capital has further plans to acquire another 3,000 BTC before the end of the year. These acquisitions signal a growing trend of corporate treasury diversification into digital assets, with current market data showing BTC trading around $106,403.

According to Crypto Rover, Cardone Capital has officially announced plans to purchase $300 million worth of Bitcoin (BTC), signaling a significant institutional entry into the cryptocurrency market. This move is expected to increase buying pressure on BTC and may lead to heightened volatility in the near term, as large-scale institutional investments often precede major price movements. Traders should monitor BTC price action closely for potential breakout patterns and increased liquidity following this sizable acquisition. Source: Crypto Rover on Twitter (June 21, 2025).

According to @AltcoinGordon, Cardone Capital has launched the 10x Miami River Bitcoin Fund with a strategic goal to accumulate $1 billion in real estate and $200 million in Bitcoin as a treasury asset. This move signals increased institutional adoption of Bitcoin and integrates crypto assets into traditional real estate portfolios. For traders, the announcement spotlights Bitcoin’s growing role as a treasury reserve, potentially driving demand and price momentum in the crypto market. The Cardone brothers’ high-profile entry may also attract additional institutional and retail interest, boosting liquidity and market activity. Source: @AltcoinGordon on Twitter, May 26, 2025.