Bitcoin Gold Rush: Accumulation of Bitcoin by Major Institutions Boost its Adoption

The Bitcoin market is witnessing an unprecedented wave in institutional accumulation as companies across sectors embrace Bitcoin as a core treasury asset. Over the month of July this year, several firms had publicly disclosed their latest purchases of the crypto, their long-term targets and soaring yield metrics with the asset. Here are some of the institutions that have garnered attention in the market.

On Friday, BTC AB, Sweden’s first pure-play Bitcoin treasury firm, the acquisition of 10 BTC for approximately $1.2 million (SEK 11.5 million) at an average price of $119,687 per coin. With this purchase, the firm now holds 166 BTC, reinforcing its long-term belief in Bitcoin as a sovereign treasury asset.

The Smarter Web Company also disclosed a purchase of 225 BTC as part of its “10 Year Plan,” which includes an ongoing treasury policy of BTC accumulation. At present, the company holds 1,825 BTC, with a reported year-to-date BTC yield of 43,787% and a 30-day yield of 189%. With £1 million in treasury cash still available, more Bitcoin buys are expected.

Continuing its aggressive Bitcoin accumulation under Joe Burnett, Semler Scientific has 175 BTC for $21 million and currently holds 5,021 BTC. It has achieved a year-to-date BTC yield of 31.3%, one of the strongest among mid-cap institutional holders.

In its latest , H100 Group reported a new purchase of 117.93 BTC at an average price of SEK 1,120,973 per coin, bringing its total holdings to 628.22 BT worth over $73 million. The firm continues accumulating digital assets amid broader treasury restructuring.

The electric vehicle manufacturer, Volcon, has that it holds 3,183 BTC, valued at roughly $375 million and the average purchase price stands at $117,697 per coin. Notably, the company has also sold short-term put options, allowing it to accumulate more BTC at below-market prices and expand its stock buyback program to $100 million, supporting its net asset value and BTC per share.

Matador Technologies Inc. has secured a $100 million facility dedicated to purchasing Bitcoin. The first $10.5 million tranche has already been closed and deployed fully into BTC. The company plans to accumulate 1,000 BTC by 2026 and 6,000 BTC by 2027, representing approximately 1% of the total BTC supply.

Although last in the list, Strategy, is the largest corporate holder of Bitcoin. The firm has been actively accumulating Bitcoin since 2020 and has recently acquired 6,220 BTC for approximately $739.8 million at an average price of $118,940. The company’s total stash now stands at a staggering 607,770 BTC, acquired at an average of $71,756 per coin. Year-to-date, the firm has posted a BTC yield of 20.8%.

On a whole, the above institutions hold over 617,000 BTC, while total Bitcoin acquisition by private and public companies now stands at 897,086 BTC and 412,470 BTC, respectively. With many companies publicly committing to continued accumulation, the impact on available supply could be significant, helping the Bitcoin price soar.

Reportedly, the crypto had hit a new all time high of $123,000 earlier this month but had later dipped and is hovering around $117K. If institutional interest persists, the asset may witness a new all time high surpassing $150K or even $250K.