The Bitcoin Treasuries Newsletter
Saturday, July 5, 2025
The Bitcoin Treasuries Newsletter
Saturday, July 5, 2025
The first week of July closes with rising institutional momentum, two upcoming cornerstone events, and multiple treasury-specific developments across markets. Here's what you need to know:
Bitcoin Treasury Headlines
1. Sora Ventures and Simon Gerovich launch Bitcoin Treasury Company in Thailand
A coalition led by Sora Ventures and Simon Gerovich is acquiring DV8 Public Company in Thailand with the intention of transforming it into Southeast Asia’s first publicly traded Bitcoin Treasury Company. The deal, backed by UTXO Management, Kliff Capital, AsiaStrategy, and Moon Inc., signals growing strategic Bitcoin adoption across Asia.
2. Strategy adds 4,980 BTC to its balance sheet
Strategy (formerly MicroStrategy) acquired another 4,980 BTC for approximately $532 million at an average price of $106,801 per bitcoin. This brings the company’s total holdings to 597,325 BTC, valued at over $64 billion—further cementing its position as the largest public Bitcoin treasury.
3. MARA treasury expands to nearly 50,000 BTC
MARA (formerly Marathon Digital) now holds 49,940 BTC, making it the second-largest public Bitcoin treasury. The miner has adopted a long-term hold strategy, aligning with institutional capital behavior observed in Q2.
4. DDC Enterprise raises $528 million to pursue Bitcoin treasury strategy
DDC Enterprise closed a $528 million institutional financing round to fund its expansion into Bitcoin treasury holdings. Investors include Anson Funds and Animoca Brands. The capital will be used to execute a multi-stage Bitcoin acquisition strategy in the second half of 2025.
5. Franklin Templeton issues caution on corporate Bitcoin exposure
A new report from Franklin Templeton warns that increasing Bitcoin holdings across public companies could lead to sell-side risk during market drawdowns. The report notes that over 130 public companies now report direct Bitcoin treasury positions.
Upcoming Events
The Bitcoin Treasuries Digital Conference
Tuesday, July 8 | 7:00 AM ET | Live on X and YouTube
Hosted by Tim Kotzman and powered by Bitcoin for Corporations, this fast-paced online event brings together executives and analysts managing Bitcoin exposure in public and private markets.
The Bitcoin Treasuries NYC Unconference
Wednesday, September 17 | New York City
This invite-only, off-the-record gathering will feature peer-led discussions on capital structure, treasury governance, and strategic Bitcoin allocation.
For tickets, visit: https://lu.ma/z176rgsb
To inquire about sponsorships, contact Tim Kotzman directly.
The Bitcoin Treasuries Newsletter
Where capital meets conviction.