Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Nasdaq-listed Dominari Holdings implementing Bitcoin purchasing strategy

Nasdaq-listed Dominari Holdings implementing Bitcoin purchasing strategy

Crypto.NewsCrypto.News2025/03/27 16:00
By:By Micah ZimmermanEdited by Jayson Derrick

Dominari Holdings has launched its “Dominari Bitcoin Treasury” strategy, allocating a portion of its cash reserves to Bitcoin (BTC).

The company will invest part of its excess cash and earnings into BlackRock’s iShares Bitcoin Trust ETF, currently the world’s largest Bitcoin ETF.

The company has already invested $2 million into this Bitcoin ( BTC ) initiative and plans to increase its holdings as cash reserves grow.​ The company has “plans to continue this practice as the Company’s cash reserves continue to grow.”  

Traditional finance adding Bitcoin to their reserves

Firms like MicroStrategy and Semler Scientific have also made significant Bitcoin investments, viewing it as a hedge against inflation and currency debasement.

The decision to invest in Bitcoin ETFs, like IBIT, offers companies exposure to Bitcoin’s potential benefits without the complexities of direct ownership, such as custody and security concerns. 

KULR Technology Group is a good example of this trend as it recently increased its Bitcoin holdings to 668.3 BTC after purchasing an additional $5 million worth at an average price of $88,824 per BTC. 

KULR, which committed in December 2024 to allocating up to 90% of its surplus cash to Bitcoin, has reported a 181.1% BTC yield year to date.

As more corporations adopt similar treasury strategies, the integration of digital assets into traditional finance continues to accelerate.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Ethereum Eyes $4.8K and Beyond After Breakout

Ethereum holds strong after a breakout, keeping the $4.8K target in play with eyes on $8.5K as a potential next stop.Can Ethereum Push to $8.5K Next?What to Watch Going Forward

Coinomedia2025/04/14 14:00
Ethereum Eyes $4.8K and Beyond After Breakout

Qubetics Offers 2789% ROI for Early Buyers as Immutable X and SUI Compete for the Best Coins to Buy This Month

Explore the best coins to buy this month with Qubetics, Immutable X, and SUI. Learn about Qubetics' QubeQode IDE and what sets these projects apart.Qubetics: QubeQode IDE—Empowering Blockchain DevelopersImmutable X: Scaling NFTs for the FutureSUI: A Next-Gen Blockchain with a Unique Consensus MechanismQubeQode IDE: Simplifying Blockchain DevelopmentConclusion

Coinomedia2025/04/14 14:00
Qubetics Offers 2789% ROI for Early Buyers as Immutable X and SUI Compete for the Best Coins to Buy This Month