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BlockNews
Home CRYPTO BITCOIN

GIGA Expands Bitcoin Treasury to 1,252 BTC – Here Is Why Companies Keep Buying Crypto

Michael Juanico by Michael Juanico
March 10, 2026
in BITCOIN, CRYPTO, FINANCE, OPINION
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  • Manufacturing firm GIGA added 38 BTC last month, raising holdings to 1,252 BTC
  • The company now holds about $88 million worth of Bitcoin at current prices
  • GIGA joined the Bitcoin For Corporations initiative earlier this year

Manufacturing company GIGA has continued expanding its Bitcoin treasury, adding another 38 BTC last month and bringing its total holdings to 1,252 Bitcoin. The firm disclosed the latest purchase on Monday, reinforcing its strategy of using Bitcoin as a long-term reserve asset on its balance sheet.

At current prices near $70,654 per Bitcoin, GIGA’s total holdings are valued at roughly $88 million. The company said the decision to accumulate BTC is part of a broader effort to strengthen financial resilience and diversify its treasury assets.

Bitcoin Is Becoming Part of Corporate Treasuries

GIGA first entered the Bitcoin market last July, when the company acquired an initial batch of 1,129 BTC. Since then, the firm has steadily maintained its position, viewing the digital asset as a long-term store of value rather than a short-term trade.

Corporate Bitcoin adoption has grown significantly in recent years as companies explore alternatives to traditional cash reserves. Bitcoin’s fixed supply and global liquidity have made it attractive to firms seeking protection against inflation and currency debasement.

For industrial companies like GIGA, holding BTC alongside traditional financial assets can also act as a hedge against broader economic volatility.

GIGA Ranks Among Top Private Bitcoin Holders

With 1,252 BTC now on its balance sheet, GIGA ranks as the eighth-largest private company holding Bitcoin, according to data from BitcoinTreasuries.NET. When public and private firms are combined, the company currently sits around 46th place among corporate Bitcoin holders.

Although its holdings are smaller than major Bitcoin treasury firms like Strategy, GIGA’s continued accumulation highlights how Bitcoin adoption is spreading beyond the technology and financial sectors.

More companies in manufacturing, logistics, and infrastructure industries have begun exploring digital assets as part of their financial strategies.

Joining the Bitcoin For Corporations Initiative

Earlier in 2026, GIGA also joined the Bitcoin For Corporations initiative as an Executive Member. The program focuses on helping companies understand how Bitcoin can be integrated into corporate treasury strategies.

By participating in the initiative, GIGA aims to explore how digital assets can support long-term financial planning while strengthening its position within the construction technology sector.

The move reflects a broader shift as more businesses begin evaluating Bitcoin not just as an investment, but as a strategic balance sheet asset.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: BitcoinBitcoin companiesBitcoin treasuryBTC adoptioncrypto
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Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

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