Tokentalknews - Bitcoin has surged past $124,400 to a record high, overtaking Google as the world’s fifth-largest asset with a $2.5 trillion market cap (according to data from Bitstamp). The rally is fueled by bullish macro conditions, expectations of a Fed rate cut in September, friendlier U.S. regulation under President Trump, and growing corporate adoption of BTC as a treasury asset. Ether also gained, pushing BTC and ETH’s combined market share to 70% of all crypto trading, with analysts eyeing $135K–$138K as the next resistance zone.

In line with this momentum, DDC Enterprise Limited (NYSE: DDC) acquired 120 more Bitcoin after a brief pause, raising its total to 488 BTC at an average cost of $98,737, up 819% since its first purchase in May. Strategic partnerships with QCP Capital, Galaxy Digital, and Matrixport aim to enhance custody, trading, and yield strategies. CEO Norma Chu reaffirmed the goal of reaching 10,000 BTC by end of 2025 and ranking among the top three public Bitcoin treasury holders globally.

Meanwhile, VCI Global Limited (NASDAQ: VCIG) secured a $51 million convertible note financing to expand sovereign AI infrastructure and build its Bitcoin reserve. $20 million will be allocated for gradual BTC accumulation, while the remainder funds advanced AI systems with military-grade, quantum-resistant encryption for secure data storage and communications across Southeast Asia. CEO Dato’ Victor Hoo highlighted Bitcoin’s role as a symbol of independence, resilience, and decentralization.

Why This Matters

Bitcoins leap over google to become the 5th largest asset globally, may lead to rate cuts and inflation hedging.With the regulatory support under the current U.S administration, makes Bitcoin appear less risky to large institutions.

DDC is are explicitly adopting Bitcoin as a core treasury asset by aggressively scaling its holdings with a clear 10,000 BTC target by 2025.

VCI Global’s framing of Bitcoin as a monetary sovereignty tool parallels its data sovereignty mission pf merging AI, encryption, and blockchain into a national security narrative. This convergence could encourage other tech and defense-aligned companies to follow suit, particularly in Southeast Asia and emerging markets, where independence from USD dominance is politically attractive.

Market Implications

If conditions remain favorable and more corporations adopt BTC in treasury strategies, Bitcoin could see strong upward momentum toward the $135K–$138K resistance zone and beyond. The narrative is evolving from “digital gold” to “strategic digital infrastructure”, expanding BTC’s perceived value far beyond speculative investment.

However, regulatory shifts, especially outside the U.S., could still break momentum as rapid price movement could invite profit-taking, causing volatility.As well, the AI-BTC narrative may take time to prove tangible results in market terms.