NASHVILLE – Bitcoin for Corporations (BFC), an initiative cofounded by BTC Inc and Strategy Inc, said on Wednesday it had renewed its strategic partnership for another five years, aiming to accelerate corporate adoption of Bitcoin worldwide.
BFC represents 38 member companies that together hold about 69% of all corporate Bitcoin on balance sheets, with members across the Americas, Europe and Asia. The group serves as a network for treasury firms, service providers and capital allocators considering Bitcoin integration into corporate finance.
“Securing this five-year extension to our partnership with Strategy reinforces our conviction that corporate Bitcoin adoption is not slowing down and will only continue to accelerate,” George Mekhail, Managing Director of BFC at BTC Inc, said in a statement.
Under the renewed agreement, BFC will continue to provide executive networking opportunities, investor and public relations support and resources including research, case studies and education materials for corporations.
Phong Le, CEO, Strategy, said extending the partnership would help more companies adopt Bitcoin. “Supporting every corporate leader who is looking to implement the Strategy Playbook is good for Bitcoin,” he said.
BFC added that members would gain access to vetted service providers, peer institutions and curated programming at global Bitcoin events in cities such as Las Vegas, Abu Dhabi, Hong Kong and Amsterdam.
