The corporate Bitcoin gold rush is paying off. As BTC consolidates above $100K, several public companies that strategically added Bitcoin to their balance sheets are now sitting on hundreds of millions in unrealized gains. The total paper profits across key BTC-heavy firms have reportedly topped $884 million, highlighting how Bitcoin exposure is quickly becoming a competitive advantage.
From Treasury Bet to Billion-Dollar Windfall
The latest surge in BTC price has significantly boosted the financial position of companies like BitMine Immersion Technologies (BMNR), Fold Holdings (FLD), Eyenovia, and DDC Enterprise. These firms didn’t just experiment with crypto—they went all in.
On June 6, BitMine completed a full treasury deployment, purchasing 154.167 BTC at an average price of $106,033, converting 100% of its recent $16.3M offering into Bitcoin. The move was confirmed in an official announcement, marking one of the boldest small-cap BTC allocations in 2025.
Meanwhile, Fold Holdings made headlines after securing a $250 million equity purchase facility, explicitly aimed at growing its Bitcoin treasury. Fold, now one of the first fully public crypto finance companies on NASDAQ, is following in the footsteps of MicroStrategy, turning Bitcoin into its core reserve asset.
DDC and Eyenovia Join the Corporate Crypto Playbook
The Bitcoin momentum isn’t limited to crypto-native firms. As reported in a BusinessWire press release, DDC Enterprise is raising up to $528 million to accelerate a Bitcoin-centric strategy. The move mirrors the strategic pivot of many firms seeking both protection from inflation and exposure to high-performance digital assets.
Eyenovia, a healthcare-focused company, is also entering the race. Its $50 million round will fund a dual strategy, combining Bitcoin acquisitions and the launch of a new HYPE token as part of a modern treasury framework. This underscores a broader shift where even non-crypto sectors are finding new roles for BTC in treasury management.
Market Reaction and Why This Matters
Bitcoin’s price has remained resilient around the $105,000–$110,000 range, with relatively low volatility despite macroeconomic uncertainty. The move by public firms into BTC isn’t just speculative—it’s now seen as a signal of long-term confidence.
Source: Tradingview
This wave of corporate adoption aligns with increasing ETF inflows and global macro narratives favoring hard assets over fiat. For investors, the rise in BTC-backed balance sheets means new ways to gain indirect exposure to Bitcoin via equity markets.
Final Thoughts: Bitcoin Treasuries Signal a New Corporate Standard
The $884M paper profit realized across these companies isn’t just a sign of good timing—it’s evidence of a larger trend. The MicroStrategy effect is no longer an anomaly. We are witnessing the early stages of a broader corporate Bitcoin standard, where BTC is no longer a hedge—it’s a core asset.As more companies look to protect capital and signal innovation, expect to see further announcements of Bitcoin buys, capital raises, and treasury integrations. The question is no longer if firms should hold Bitcoin—but how much.
