In a notable advancement for corporate Bitcoin adoption, BTC Inc. and Strategy Inc. have solidified their collaboration with a five-year renewal of their strategic partnership focused on the Bitcoin for Corporations (BFC) initiative. This renewed alliance aims to significantly enhance global corporate Bitcoin adoption through 2030. Currently, BFC boasts 38 member companies that collectively hold an impressive 69% of all corporate Bitcoin assets.
The renewed partnership strengthens BFC’s role as a premier platform for companies, service providers, and capital allocators striving to integrate Bitcoin into corporate treasury strategies. The initiative’s reach has expanded globally, covering regions including North and South America, Europe, and Asia/Oceania.
George Mekhail, Managing Director of Bitcoin for Corporations at BTC Inc., expressed confidence in the future of corporate Bitcoin adoption. He stated, “Securing this five-year extension to our partnership with Strategy reinforces our conviction that corporate Bitcoin adoption is not slowing down and will only continue to accelerate.” Mekhail also highlighted his gratitude for continued collaboration, emphasizing the momentum gained in the initiative’s first year, and referred to the concept of hyperbitcoinization as being closer than ever.
The partnership will persist in offering networking opportunities at the executive level, investor relations support, and customized educational resources for corporations looking to incorporate Bitcoin into their financial operations. Members will have access to a vetted network of service providers and curated programs at global Bitcoin events hosted in major cities such as Las Vegas, Abu Dhabi, Hong Kong, and Amsterdam.
Phong Le, CEO of Strategy, shared enthusiasm about the partnership renewal. “We’re excited about extending our partnership with BTC Inc. and continuing to support the mission of accelerating corporate Bitcoin adoption,” he remarked. Le added that their joint efforts to assist corporate leaders in implementing the Strategy Playbook aligns well with the overall goal of furthering Bitcoin’s adoption.
The renewal of this partnership comes at a pivotal moment where corporate Bitcoin adoption is on the rise, with BFC members encompassing a substantial portion of corporate Bitcoin holdings worldwide. This extension not only reflects growing institutional trust in Bitcoin as a treasury asset but also illustrates the need for structured support for companies venturing into the Bitcoin marketplace.
Looking ahead, BFC plans to continue delivering research reports, corporate case studies, and educational materials designed to assist corporate executives in crafting Bitcoin treasury strategies tailored to their specific market and jurisdiction needs.
BTC Inc., the parent company of Bitcoin Magazine and producer of The Bitcoin Conference, aims to accelerate Bitcoin adoption globally through various media, data, events, and advocacy initiatives.
Meanwhile, Strategy Inc. stands out as the world’s first and largest Bitcoin Treasury Company, having adopted Bitcoin as its primary treasury reserve asset. Through a combination of equity and debt financing and operational cash flows, Strategy strategically accumulates Bitcoin while promoting its viability as digital capital. The company also pioneers in integrating advanced analytics with a focus on digital asset growth, positioning itself as an influential player in both the digital asset and enterprise analytics sectors.
For more information on these initiatives, interested parties can visit their respective websites.