Bitcoin’s Corporate Adoption raises Fort Knox-like Nationalization concerns

Corporate Bitcoin treasuries have surged past $100 billion, raising concerns among analysts that the United States could one day nationalize these holdings in a move reminiscent of the gold standard era.

Corporate crypto treasuries have surpassed $100 billion of digital asset holdings, with Bitcoin (BTC) treasury firms amassing 791,662 BTC worth about $93 billion, representing 3.98% of the circulating supply, Cointelegraph reported on July 31.

The growing corporate holdings may present a new centralized point of vulnerability for Bitcoin, which may see…