Bitcoin Fever Grips Corporations and Governments: A $11.3 Billion Buying Spree!

Holy smokes! The U.S. is finally getting its regulatory act together, and companies are diving into Bitcoin like it's the new gold rush. We're talking a whopping $11.3 billion in Bitcoin scooped up last month alone. These businesses are not messing around!

Bitcoin (BTC) isn't just some underground thing anymore—it's going legit! Governments and big shots are gobbling up the crypto like candy. Just last Friday, Matador Technologies dropped a bombshell report saying public companies are piling into Bitcoin faster than you can say "blockchain." These guys from Canada know their stuff!

1/ 🏛️ U.S. Congress is on fire!

•The CLARITY and GENIUS bills are racing through, with folks from both sides of the aisle cheering them on. And get this—Brian Quintenz, the CFTC chair nominee, is all about Bitcoin!

•This is huge! Clear rules are unlocking a whole new world…

Get this—22 public companies went on a Bitcoin shopping spree, snagging around $11.3 billion worth in just the last month. GameStop kicked things off, snatching 4,710 Bitcoin with their $1.75 billion convertible note. And over in Japan, Metaplanet's aiming for a jaw-dropping 210,000 Bitcoin stash!

According to Matador Technologies, the big push behind all this corporate love for Bitcoin? You guessed it—U.S. lawmakers getting their crypto game on. They're eyeballing two big bills: CLARITY, which is all about sorting out the crypto market mess, and GENIUS, which is all about stablecoins.

U.S. Leads the Charge, But the World's Not Far Behind

Hold onto your hats—Matador Technologies says sovereign Bitcoin reserves are on the rise. The U.S. is out in front, with President Donald Trump locking down a Bitcoin strategic reserve back on March 6.

The feds are sitting on a cool 200,000 Bitcoin, mostly from busting bad guys. And get this—states like Texas and Arizona are thinking about getting their own Bitcoin stashes. It's like a political tidal wave pushing Bitcoin forward!

But the U.S. isn't the only player in town. Japan, Brazil, the Czech Republic, Pakistan—they're all thinking about their own Bitcoin treasuries. Though, let's not forget the recent scandal in the Czech Republic over a Bitcoin donation. It's a reminder that these moves can be risky!

With all this action at the corporate and government levels, Bitcoin's becoming a rock in a storm. Matador Technologies says Bitcoin bounced back to $105,000, even with all the crazy tension in the Middle East after Israel hit Iran.