US entities now hold 65% more Bitcoin than non-US counterparts, marking a record high in global reserves. This surge follows increased institutional demand, with notable players like MicroStrategy and new entrants like Thumzup Media Corporation investing heavily in Bitcoin.The trend is prompting global interest, as countries like Japan consider building strategic Bitcoin reserves, potentially inspired by US initiatives. Czech National Bank's governor has also proposed Bitcoin acquisition for diversification, joining a growing list of nations exploring crypto as a reserve asset.
Thumzup Media has invested $1 million in Bitcoin, acquiring 9.783 BTC at an average price of $102,220 each, and plans to allocate up to 90% of its liquid assets to the cryptocurrency. The company aims to integrate crypto payments for gig workers and is set to join the HODL 70 index, reflecting a growing trend of corporate Bitcoin adoption. As Bitcoin's price fluctuates, Thumzup's strategic move aligns with a broader shift in corporate finance towards digital assets.
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