Dominari Holdings Embraces Bitcoin with New Treasury Strategy
Dominari Holdings has unveiled its “Dominari Bitcoin Treasury” strategy. The company is now investing part of its cash reserves in Bitcoin (BTC). Specifically, it will allocate excess cash and earnings into BlackRock’s iShares Bitcoin Trust ETF, the world’s largest Bitcoin ETF.
So far, Dominari has invested $2 million in this initiative. As its cash reserves grow, the company plans to increase its Bitcoin holdings. This move aligns with a growing trend among conventional firms looking to diversify their assets.
Other companies, like MicroStrategy and Semler Scientific, have also made important Bitcoin investments. They see it as a hedge against inflation and currency devaluation. Investing in Bitcoin ETFs, such as IBIT, allows firms to benefit from Bitcoin’s potential without the complexities of direct ownership.
KULR Technology Group exemplifies this trend. It recently increased its Bitcoin holdings to 668.3 BTC after purchasing an additional $5 million worth. KULR committed in December 2024 to allocate up to 90% of its surplus cash to Bitcoin. the company has reported a 181.1% BTC yield year to date.
As more corporations adopt similar strategies, the integration of digital assets into traditional finance is accelerating. This shift highlights the growing acceptance of Bitcoin as a valuable asset class.
