On June 11, F Street, a leading alternative investment and private lending firm, announced that it is adding Bitcoin (BTC) to its corporate treasury.
This is a huge step toward its strategy to strengthen its financial foundation and expand its real estate lending and investment operations.
As of June 9, the firm has started daily Bitcoin purchases by using business profits and treasury reserves. As of now, the initial goal will be to accumulate $10 million in BTC. This decision shows F Street’s belief in Bitcoin as a “durable, decentralized” asset. It is a key part of its long-term financial planning strategy.
Why Bitcoin?
Mike Doney, Chief Operating Officer at F Street, explained the reason behind this move, saying, “Bitcoin offers a compelling hedge against inflation and dollar debasement. Incorporating it into our treasury is a strategic step to preserve and grow value for our investors and our business interests.”
The firm is trying to adopt a disciplined approach, using dollar-cost averaging (DCA). This strategy involves buying small amounts to avoid market volatility risks.
To maintain transparency, F Street also plans to implement a public proof of reserves as its Bitcoin holdings grow. This will allow investors and partners to verify the company’s assets independently.
Growing Adoption of Bitcoin In Institutional Treasuries
In recent years, many institutions and corporations have directly added Bitcoin to their portfolio. Beyond investment in mainstream products like ETFs, companies are now establishing Bitcoin treasuries.
Despite BTC’s highly volatile nature and regulatory ambiguity, the number of institutions with Bitcoin is gradually increasing. According to data available on Bitcoin Treasuries, a growing number of major companies are betting on Bitcoin, with 116 publicly traded companies now holding a staggering 809,100 BTC. This is more than double last year’s total of 312,200.
The surge comes as over 25 new companies disclosed Bitcoin holdings since April alone, adding 100,000 BTC to corporate treasuries in just months. This rapid growth shows Bitcoin’s rising role as a strategic reserve asset for businesses worldwide.
Also Read: GENIUS Stablecoin Bill Advances in Senate, Nearing Final Vote
