Cardano Foundation Reveals 15% Bitcoin Holdings in $659M Asset Report

The Cardano Foundation just revealed it is holding almost $100 million in Bitcoin. About 15% of its $659 million war chest. Most of the rest is still in as expected. But whispers of swapping more ADA for and stables are heating up. A proposal by Charles Hoskinson to convert $100 million in ADA to Bitcoin.. The post Cardano Foundation Reveals 15% Bitcoin Holdings in $659M Asset Report appeared first on 99Bitcoins.

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Jul 11, 2025 - 19:00

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The Cardano Foundation just revealed it is holding almost $100 million in Bitcoin. About 15% of its $659 million war chest. Most of the rest is still in ADA ▲14.00% as expected. But whispers of swapping more ADA for BTC ▲6.76% and stables are heating up.

A proposal by Charles Hoskinson to convert $100 million in ADA to Bitcoin and stablecoins could shake things up. The goal is to boost Cardano’s weak DeFi game. But as of now, nobody knows if that proposal’s been acted on or shelved.

Cardano

Price

Market Cap

ADA

$25.46B

24h7d30d1yAll time

Cardano With More Bitcoin in the Treasury: Hedge or Power Move

According to Cardano Foundation’s 2024 Financial Insights Report, they ended the year with $659 million in total assets. A massive 76.7% is parked in ADA, no surprise here, but what raised eyebrows is the 14.9% allocation to Bitcoin, totalling around $98 million.

Another 8.3% sits in cash and equivalents for liquidity. This is no symbolic move but a real bet on Bitcoin, possibly as a hedge against ADA’s price swings or just a diversification move.