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.

Financial News

Andrew Tate shorts Kanye West’s YZY, racks up $700K losses on Hyperliquid

BB Finews

Latin America’s exchange flows grew ninefold in three years: Dune

BB Finews

BNB overtakes Ethereum as the most active chain – Will it fuel a new ATH?

BB Finews

ARK Invest buys dip: purchases $21M Bullish, $16M Robinhood shares

BB Finews

Faraday Future retreats 7% after sharing Q2 results, crypto plan

BB Finews

Aave drops over 8% on rumors of World Liberty Financial token deal

BB Finews

Bitcoin Futures turn positive after 5-day dip – Could $115K be next?

BB Finews

Cardano’s rally intact! – But THIS could stall ADA’s $1.15 hopes

BB Finews

Toncoin price prediction – Why TON could hit $10 in 2025 and $50 by 2030

BB Finews
  • Page 1

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