🚀 Bitcoin & HYPE Set for $844M Mega-Boost from 4 US Corporate Giants

Four major US companies are poised to inject a staggering $844 million combined into Bitcoin and HYPE—marking a watershed moment for institutional crypto adoption.

The corporate floodgates open

With this nine-figure influx, Wall Street''s cautious toe-dipping evolves into a cannonball plunge. The move signals growing confidence in digital assets as treasury reserves—despite the usual suspects warning about volatility (between martini lunches).

Where the money''s flowing

The windfall represents the largest single corporate commitment since MicroStrategy''s infamous bitcoin shopping sprees. Breakdowns remain undisclosed, but insiders confirm allocations will hit both established BTC and the high-potential HYPE ecosystem.

Traditional finance braces for impact as public companies increasingly treat crypto like a balance sheet supercharger—while retail traders still get nickel-and-dimed on exchange fees.

Bitcoin firm fold raises $250 million for BTC buys

Fold Holdings Inc, the first publicly traded Bitcoin financial services firm, said on Tuesday that it  secured a $250 million equity purchase facility, with the net proceeds “primarily intended” to fund additional Bitcoin purchases.

Source: FolBitcoin

The agreement allows Fold to issue and sell up to $250 million in newly issued shares to fund the Bitcoin buys at its discretion — subject to a registration statement for the resale of the shares receiving approval from the Securities and Exchange Commission.

If approved, the shares will be sold through a private placement under exemptions from SEC registration rules. In a private placement, firms raise funds by selling securities to private investors instead of through a public market offering.

At current prices, $250 million could theoretically purchase 2,390 Bitcoin for Fold. Allocating even half of that amount to Bitcoin acquisitions WOULD substantially boost Fold’s current treasury of 1,490 Bitcoin.

BitMine caps $16 million Bitcoin buy after stock raise

Meanwhile, Bitcoin mining equipment rental firm BitMine Immersion Technologies said it purchased $16.3 million Bitcoin using proceeds from a recent stock offering. 

The firm now owns 154.16 Bitcoin, bought at an average purchase price of $106,033.

Source: BitMine Immersion Technologies

BitMine said the buy aligns with its new strategy to increase its Bitcoin holdings through a mix of self-mining and capital raises, reinforcing its commitment to accumulating as much Bitcoin as possible.

BitMine already used some funds from the June 6 offering to buy its first 100 Bitcoin on June 9.

HYPE added as a treasury asset

The Nasdaq-listed biotech firm Eyenovia also got in on the crypto buying action Tuesday, saying it inked a $50 million private placement to build a reserve for the Hyperliquid (HYPE) token, and billing itself as “the first U.S. publicly listed company building a long-term strategic treasury” for the asset.

Hyperliquid is a decentralized crypto derivatives exchange built on its own layer 1 blockchain. It is powered by the HYPE token, which is involved in staking, rewarding active traders with airdrops, and governance activities.

Eyenovia said it would acquire over 1 million HYPE — worth $40.1 million at current prices — and stake the tokens on Anchorage Digital’s crypto platform.

The firm, which primarily develops digital eye exam tech, will also rebrand to “Hyperion DeFi” under the ticker HYPD.

Eyenovia also named Hyunsu Jung as chief investment officer and board member to spearhead the company’s crypto strategy.

“We view Hyperliquid as one of the fastest growing, highest-revenue generating blockchains in the world,” Jung said.