BULLISH : Anthony Pompliano tells CNBC, “Bitcoin is the king. It's been the king. It will remain the king.” https://t.co/S5Gmh2bg3s
PUBLIC COMPANIES HOLD 979,333 $BTC WORTH ~$111B, 4.66% OF TOTAL SUPPLY
NEW: Public companies now hold 979,333 BTC worth $111B. That’s 4.66% of the total supply—gone. https://t.co/JyIlK3tCth
Cardone Capital, a U.S. real-estate investment firm with roughly $5 billion in assets under management, has added 130 Bitcoin valued at about $15 million to its balance sheet, according to industry reports. The purchase was completed as part of a Miami River property refinance and marks the company’s fourth real-estate transaction that incorporates Bitcoin. The move comes as listed companies accelerate their accumulation of the cryptocurrency. Publicly traded firms now collectively hold 979,333 Bitcoin—worth about $111 billion—equal to 4.66% of the token’s fixed supply, according to market-data aggregators. Separately, DDC Enterprise disclosed the acquisition of an additional 100 Bitcoin for about $11.36 million, adding to the recent string of corporate treasury allocations to the digital asset. Investor Anthony Pompliano told CNBC that “Bitcoin is the king,” underscoring the growing conviction among some executives and market commentators that the cryptocurrency is becoming an accepted reserve asset alongside cash and short-term securities.
