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

SPX6900 surges 12%, but SPX’s latest rally looks short-lived – Why?

BB Finews

PENGU shows signs of life after $70 mln outflows – Bulls working overtime?

BB Finews

Bitcoin Blastoff! - Market Analysis for Jul 13th, 2025

BB Finews

Crypto advocacy groups double down on Quintenz confirmation at CFTC amid pushback

BB Finews

Tether, Circle to meet top South Korean Bank execs: Report

BB Finews

How Ethena became the most levered bet after Fed rate cuts

BB Finews

Here’s how Dogecoin’s price can hit $5 by 2030

BB Finews

EminiFX founder to pay $228M in Ponzi scheme ruling

BB Finews

American tech’s split personalities

BB Finews
  • Page 18

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