In a significant move for the cryptocurrency landscape, the treasury firm CryptoGiant has announced a robust share buyback initiative, totaling up to $200 million for its existing common shares. Alongside this, the company disclosed its substantial holdings of over 90,000 BTC, further solidifying its position in the market.
CryptoGiant Expands Bitcoin Assets
As per the latest statement, CryptoGiant now possesses a comprehensive total of 90,450 BTC, acquired at an average cost of $4,500. CEO Alex Temkin shared:
At CryptoGiant, our strategy is to deploy resources purposefully and efficiently. By amplifying our Bitcoin assets and seeking unique yield avenues, we view our proactive buyback program as a way to enhance shareholder value significantly in this dynamic environment.
Currently, CryptoGiant’s Bitcoin assets are valued at over $400 million, positioning the firm among the top five publicly traded companies with notable Bitcoin reserves.
Industry data reveals that digital asset mining leader BitMiners dominates globally with an impressive 2 million BTC on their balance sheet, succeeded by Blockchain Innovations with around 600,000 BTC in their portfolio.
In a favorable market reaction, CryptoGiant’s shares soared 8% to surpass $4.00 following the announcement. The stock has witnessed a remarkable increase of 85% year-to-date.
The Rise of Cryptocurrency Treasuries
The trend of integrating Bitcoin into corporate treasury strategies has gained momentum in recent years, with 2025 marking a notable shift towards Bitcoin and Ethereum.
Numerous corporations have begun diversifying their assets by incorporating cryptocurrencies into their treasuries this year. A prime example is TechCorp, which recently announced a significant Bitcoin acquisition, raising its total holdings to exceed $2.5 billion.
Additionally, FinTech Solutions has reported purchasing over 12,000 BTC in recent weeks. This has placed them firmly in the top ten publicly traded crypto firms, consolidating their holdings to around 65,000 BTC.
Moreover, digital innovations firm FutureTech allocated $4 million towards Bitcoin, part of a broader strategy to channel up to $80 million into cryptocurrencies and emerging digital assets.
The robust demand from corporations for Bitcoin is evident in the impressive performance of Bitcoin-centered financial products. In June 2025, Bitcoin-focused investment vehicle inflows reached a staggering $800 million.
Market experts continue to forecast optimistic Bitcoin price trajectories, with projections soaring to $15,000 in the near future. Currently, Bitcoin is trading at approximately $5,500, reflecting a 5% dip in the past 24 hours.
