top of page

From ‘Dead in America’ to $250M SPACs: Why firms are suddenly hoarding Bitcoin

From ‘Dead in America’ to $250M SPACs: Why firms are suddenly hoarding Bitcoin
Published date：
Source：
BB Finews
8/20/25, 9:57 AM

It’s been a wild week in crypto — but there’s plenty for enthusiasts to feel bullish about.

A wave of notable investments have recently hit the market.

What’s more, is that the number of publicly traded companies holding Bitcoin [BTC] on their balance sheets nearly doubled in just six months; rising from 70 in December 2024 to 134 by June 2025.

Here’s the rundown.

A SPAC for DeFi and AI

Billionaire investor and longtime Bitcoin bull Chamath Palihapitiya is back with a new play.

His latest venture, a $250 million SPAC named American Exceptionalism Acquisition Corp A, is aiming to merge with companies across decentralized finance, artificial intelligence, energy, and defense.

BTC News

IRS crypto boss Trish Turner resigns just 3 months into the role

BB Finews

TeraWulf shifts from Bitcoin to AI with $3.7B Google-backed deal

BB Finews

Fed governor tells bankers DeFi is ‘nothing to be afraid of’

BB Finews

Basel Bank capital rules create 'chokepoint' for crypto — Investment exec

BB Finews

Spot Ether ETFs post outflows after 8-day $3.7B inflow streak

BB Finews

PEPE in the green as whales load: The market watches for next moves

BB Finews

Ethereum gaming network Xai sues Musk’s xAI for trademark infringement

BB Finews

Dogecoin price prediction – Whales buy 200B DOGE as $0.30 rally looms!

BB Finews

Crypto market ‘in fear’ – Does that mean more pain or is the bottom in?

BB Finews
  • Page 10

Disclaimer:

This article is an original work by BBFinews, with copyright owned by Jinse Finance. Unauthorized reproduction is prohibited. Authorized media must indicate: “Source: BBFinews” when using this content. Violators will be held legally accountable.

 

Risk Warning:

Investment involves risks. Please exercise caution when entering the market. This content does not constitute investment or financial advice.

bottom of page