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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.

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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.

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