Corporate Bitcoin Adoption Surges as 12 New Companies Add BTC to Balance Sheets
In a significant development for the cryptocurrency market, 12 new companies added Bitcoin to their balance sheets in May 2025, signaling growing institutional adoption. Binance founder Changpeng Zhao (CZ) has characterized this trend as a calculated risk-management strategy, drawing parallels to MicroStrategy's pioneering treasury approach. Leading the pack was GameStop with a substantial acquisition of 4,710 BTC, followed by Zap Solutions (1,500 BTC) and DDC Enterprise (100 BTC). This movement, now spreading to smaller enterprises, underscores the increasing acceptance of Bitcoin as a corporate treasury asset. CZ's advocacy for strategic risk-taking in cryptocurrency investments appears to be gaining traction among businesses seeking alternative store-of-value options. The trend reflects growing confidence in Bitcoin's long-term value proposition despite market volatility, with companies potentially positioning themselves ahead of anticipated price appreciation. This wave of corporate adoption could have significant implications for Bitcoin's liquidity, price stability, and mainstream acceptance in the global financial system.
12 New Companies Add Bitcoin to Balance Sheets as CZ Advocates Risk-Taking
Binance founder Changpeng Zhao (CZ) has framed corporate Bitcoin adoption as a calculated risk-management strategy, responding to data showing a dozen firms added BTC to their treasuries in May. The movement echoes MicroStrategy's pioneering treasury approach, now spreading to smaller enterprises.
GameStop led the pack with a 4,710 BTC acquisition, followed by Zap Solutions (1,500 BTC) and DDC Enterprise (100 BTC). The purchases range from Roxom Global's 98.01 BTC to H100 Group's modest 4.39 BTC allocation—demonstrating scalability of the bitcoin treasury thesis across market capitalizations.
"Not taking risks is a risk," CZ remarked, dismissing critiques of corporate BTC exposure. His commentary reframes volatility concerns as prudent portfolio diversification in an era of monetary debasement. The Binance CEO's stance reinforces Bitcoin's evolving narrative from speculative asset to legitimate treasury reserve.
Bitcoin ATH Incoming? Whale Accumulation Hints at Potential Bullish Breakout
Bitcoin (BTC) is poised for a parabolic rally after recording its highest monthly close in May. The flagship cryptocurrency rebounded from a key resistance level near $104k, signaling the start of a fresh upward trajectory. Leveraged market cooling and a steady rise in Futures Open Interest—from $47 billion to $71 billion since early April—further bolster bullish sentiment.
On-chain data reveals whale accumulation is accelerating. Over the past week, wallets holding 10 to 10k BTC added 79,244 coins, bringing their collective holdings to 13.57 million BTC. Corporate adoption continues to gain momentum, with Reitar Logtech reportedly seeking $1.5 billion to allocate to Bitcoin treasury reserves.
Macro tailwinds, including progress in U.S. tariff negotiations and gold's rally toward all-time highs, suggest favorable conditions for BTC's next leg up. The stage appears set for a decisive breakout.
Bitcoin Profit-Taking Intensifies Post Golden Cross as Hourly Cashouts Exceed $500M
Bitcoin holders have accelerated profit-taking activity following the cryptocurrency's golden cross formation two weeks ago. The 50-day simple moving average crossed above the 200-day SMA on May 22, coinciding with BTC's record high above $111,000.
On-chain data reveals three separate hourly profit-taking spikes exceeding $500 million in the past 24 hours - the most intense sell pressure since February. Glassnode's entity-adjusted realized profit metric shows locked-in gains have steadily climbed since mid-May.
The spent output profit ratio (SOPR) confirms this trend, with adjusted metrics filtering out internal wallet transfers. Market participants appear increasingly inclined to realize gains rather than hold for further upside despite the bullish technical formation.
