Dominari Holdings Adopts Bitcoin Acquisition Plan on Nasdaq

Dominari Holdings has introduced its "Dominari Bitcoin Treasury" approach, which involves dedicating a portion of its cash reserves to Bitcoin (BTC).

The company will allocate some of its surplus cash and earnings into BlackRock's iShares Bitcoin Trust ETF, currently the world's largest Bitcoin ETF.

Dominari Holdings has already invested $2 million into this Bitcoin (BTC) venture and intends to raise its holdings as cash reserves expand. The company has stated that it "plans to continue this practice as the Company’s cash reserves continue to grow."

Traditional finance incorporating Bitcoin into their reserves

Companies such as MicroStrategy and Semler Scientific have also made substantial Bitcoin investments, viewing it as a safeguard against inflation and currency devaluation.

The decision to invest in Bitcoin ETFs, like IBIT, provides companies with exposure to Bitcoin's possible advantages without the intricacies of direct ownership, such as custody and security concerns.

KULR Technology Group exemplifies this trend, having recently raised its Bitcoin holdings to 668.3 BTC after purchasing an additional $5 million worth at an average price of $88,824 per BTC.

After committing in December 2024 to allocating up to 90% of its excess cash to Bitcoin, KULR has reported a 181.1% BTC yield year to date.

As more businesses adopt comparable treasury strategies, the integration of digital assets into traditional finance continues to gain momentum.