The article discusses the increasing interest and potential adoption of Bitcoin by corporate America. David Sacks, the newly appointed White House crypto and AI czar, revealed that the Trump administration is evaluating the feasibility of a national strategic Bitcoin reserve. Currently, 79 publicly traded companies are holding BTC, mainly those tied to crypto or blockchain technology. The largest holder is MicroStrategy, which holds 471,107 BTC worth about $45.2 billion. Despite some setbacks, such as Microsoft rejecting a proposal to hold BTC, there is still potential for more corporations to invest as US corporate cash reserves are massive. Tesla, a non-crypto company, reported a $600 million gain from its Bitcoin holdings. The Financial Accounting Standards Board has changed rules, allowing companies to recognize Bitcoin gains. The Trump administration is also rewriting regulations to promote corporate adoption of BTC. If banks like Goldman Sachs make moves into BTC ownership, it could encourage more corporations to follow suit.



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