Corporate Giants Double Down: $2B Bitcoin Buying Spree Mirrors Saylor’s High-Stakes Play

Wall Street’s latest casino chips? Bitcoin. A wave of institutional players—never ones to miss a bandwagon—are funneling over $2 billion into BTC, aping MicroStrategy’s all-in bet. Guess fiduciary duty now means YOLO-ing treasury reserves into volatile crypto.

The Saylor Effect: From Skepticism to Stampede

Once dismissed as a ‘fraud’ by legacy finance, Bitcoin’s now the shiny object in every CFO’s spreadsheet. Public companies are converting doubt into deployment, with nine-figure purchases becoming quarterly ritual.

Liquidity or Lunacy?

While balance sheets get crypto makeovers, skeptics whisper about greater fools. But when the SEC greenlights ETFs and pension funds start lurking, even goldbugs sweat. The real question: Who’s left to buy when corporations become the market?

One thing’s clear—the ‘institutional adoption’ narrative just got a $2 billion exclamation point. Whether that’s a bullish signal or peak irony depends on which side of the leverage trade you’re on.

Green Minerals & ProCap Financial Adopt Strategy’s Bitcoin Model

In a press release, Green Minerals announced the adoption of a bitcoin Treasury, just like Saylor’s Strategy, as part of the company’s overall blockchain strategy. The company plans to accumulate BTC as a “forward-thinking financial approach” to diversify its treasury away from traditional fiat currencies.

Green Minerals further revealed that it has set an ambitious target to raise up to $1.2 billion to help boost its Bitcoin Treasury. Simply put, the company plans to raise $1.2 billion to buy BTC, which is also bullish for the Bitcoin price. 

The company’s Executive Chairman, Ståle Rodahl, highlighted how Bitcoin’s “decentralized, non-inflationary properties make it an attractive alternative to traditional fiat.” He added that by integrating a Bitcoin Treasury, like Saylor’s Strategy, they are not just mitigating fiat risks but also reaffirming their commitment to financial innovation. 

Meanwhile, Anthony Pompliano’s ProCap BTC LLC is also set to become a Bitcoin Treasury company through a $1 billion merger with Columbus Circle Capital Corp. According to the press release, the new company, which will be known as ProCap Financial, will hold up to $1 billion in Bitcoin on its balance sheet, following Strategy’s BTC model. 

As part of the announcement, Anthony Pompliano revealed that they have raised over $750 million for the public Bitcoin Treasury company. This represents the largest initial fundraising for a public BTC company. The companies involved in the proposed merger raised $516.5 million in equity and $325 million in convertible notes. 

Interestingly, Pompliano responded to Michael Saylor’s congratulatory message on the deal, stating how his idea is spreading globally as people realize the value of Bitcoin. 

Strategy Makes Purchase Of Its Own

Amid the announcement from the new Bitcoin Treasury companies, Saylor’s Strategy has made another Bitcoin purchase. The company announced that it acquired 245 BTC for $26 million between June 16 and 22. Saylor’s company now holds 592,345 BTC, which it acquired for $41.87 billion at an average price of $70,681 per BTC. 

Strategy is the largest public Bitcoin Treasury company, well ahead of second-placed MARA Holdings, which currently holds 46,374 BTC, according to CoinGecko data. It is worth noting that the latest Bitcoin purchase was Strategy’s second-smallest this year. The company had purchased 130 BTC in March for $10.7 million, which is the smallest purchase in 2025. 

At the time of writing, the Bitcoin price is trading at around $105,800, up over 4% in the last 24 hours, according to data from CoinMarketCap.