Mining for Corporate Bitcoin Treasuries

Bitcoin Mining Updates : 06/23/2025

Mining for Corporate Bitcoin Treasuries

Corporate Bitcoin Adoption is the talk of the town in 2025.

Logistical and legal roadblocks prevent many institutional investors from directly buying Bitcoin. However, they still desire BTC price exposure. BTC Treasury Companies (BTC-TC) have emerged to solve this challenge; allowing investors to gain securitized-exposure to BTC. Ultimately, BTC-TC’s are a bridge that will bring trillions of dollars of capital from traditional equity markets into Bitcoin.

The number of publicly traded companies holding BTC on their Balance sheet has increased 135% in 2025. BTC-TC’s now collectively hold ~831k BTC (up from 274k at EY2023).

Moreover, varying degrees of BTC exposure among public companies provides investors with a spectrum of BTC-exposed vehicles, each with a unique risk/volatility profile.

Blockware Solutions

Rather than fearing volatility, Bitcoin treasury companies embrace volatility – attracting new cohorts of investors: (BTC bulls, high-risk options speculators, low-risk convertible note holders, etc.)

Strategy, the pioneer of the corporate BTC playbook, has utilized their common stock volatility to provide immense shareholder value and accretive BTC accumulation.

Since adopting the corporate BTC strategy, $MSTR has outperformed BTC (+3,800% vs +1,021%).

Blockware Solutions

Why Bitcoin Mining?

  • Accumulate BTC at a Discount to the Market Price: Utilize purpose-built mining hardware and low cost power to acquire BTC at an average price under $50,000
  • Differentiate Yourself from Other BTC Treasury Companies: 151 public companies hold BTC on their balance sheet. Building your treasury via mining will allow you to stand out from the rest.
  • Risk Adjusted Exposure: Remain cash-flow positive even during BTC Drawdowns
  • Tax Benefits: Maximize your capital gains through bonus/accelerated depreciation.
  • Asset Appreciation: The value of the BTC you mine can increase as well the value of the mining hardware

The most efficient ASICs (BTC mining servers) operating with Blockware’s industrial electricity rate ($0.07 to $0.09/kWH) produce BTC at an effective price of $50,000 – more than a 50% discount to the current spot price.

Accumulating BTC every day at a discount to the market price makes mining the most capital-efficient way to build a long-term BTC position.

Blockware Solutions

From Q1 2020 to Q1 2021 the price of BTC miners (ASICs) increased by more than 10x. During this time period miners saw their profit margins increase significantly alongside their capital. However, there was no platform to easily get liquidity on your machines. The Blockware Marketplace was built to solve this problem – allowing hosted miners to sell their machines at any time (bundled with the energy contract).

During future periods of ASIC price volatility Blockware clients will have the ability to capitalize and potentially sell their machines at a profit. Having this option provides increased flexibility and opportunity.

Blockware Solutions

‘Cap Ex Lite’ Bitcoin Mining

The ‘Bitcoin Mining Industry’ is comprised of 4 primary layers, with most traditional public mining companies vertically integrated across each layer. While this is helpful for minimizing counterparty risk, the capital and time intensive nature of data center development and operations decreases their direct exposure to BTC.

Blockware clients circumvent these barriers and gain direct access to the ‘compute layer of the industry. This decreases upfront capital requirements and maximizes BTC price exposure.

Blockware’s ‘Mining as a Service’ provides investors with the opportunity to mine Bitcoin in data centers with high up-time and low electricity prices, but without having to build and operate a data center themselves.

Blockware Solutions

Case Study: Crypto Blockchain Industries (ALCBI.PA)

With their stock price down more than 90% from its all-time high, low transaction volume, and a struggling core business, CBI was in need of a pivot. On May 14th, 2025, CBI announced their partnership with Blockware to use mining to acquire a Strategic Bitcoin Reserve. CBI core

  • Stock Price: €0.22 → €2.09
  • Market Cap: €59.5m → €551.8m
  • Avg. 24 Hour Trading Volume: 19,000 shares → 2,040,000 shares

Blockware Solutions

Build Your Bitcoin Treasury

Whether you’re a public company in need of a pivot or a retail investor looking to stack sats, Blockware enables you to acquire Bitcoin in the most capital efficient way possible: mining.

Click here to sign up for a free 30-minute consultation with one of Blockware’s Bitcoin professionals: https://mining.blockwaresolutions.com/consult