Publicly listed companies are rapidly embracing owning Bitcoin instead of cash, with multiple companies recently beginning to adopt Bitcoin for the first time.

DeFi Technologies (CBOE: DEFI) has announced they have purchased 110 Bitcoins to hold directly as an asset, moving away from strictly holding cash reserves.

DeFi Technologies (CBOE:DEFI) has announced a Normal Course Issuer Bid in which they will begin purchasing back equity in the public markets.

Popular trading app Robinhood (NASDAQ:HOOD) has announced they have entered into an agreement to buy crypto exchange Bitstamp.

DeFi Technologies (CBOE: DEFI) has announced their newest crypto venture DeFi Alpha has generated $59.2 million CAD from low risk arbitrage trades.

Tokenizing assets has become one of the hottest trends in crypto and also represents a significant use case for blockchain technology.

Tether has announced they have purchased $100 million of shares in Bitcoin mining company Bitdeer (NASDAQ: BTDR).

PayPal (NASDAQ:PYPL) has announced that their stablecoin PYUSD is now available on the Solana blockchain for payments and transactions.

Healthcare technology company Semler Scientific (NASDAQ: SMLR) has announced they have begun to acquire Bitcoin for the first time ever.

Canadian users of Bitcoin Well’s Bitcoin Portal will be able to use the Lightning Network to instantly sell their Bitcoin holdings from their own wallet.