Biotechnology company Profusa, which develops innovative digital solutions for continuous biochemical monitoring of humans, has announced the launch of a large-scale Bitcoin corporate treasury strategy.
This is reported by Finway
Bitcoin Investment Strategy: Details of the Profusa and Ascent Deal
Profusa has signed an agreement with Ascent Partners Fund LLC for $100 million, which includes an equity-based line of credit (ELOC). Under this agreement, the company will be able to sell its common shares to Ascent in stages at a price of 97% of the lowest weighted average price over the last five trading days. The funds raised will be exclusively directed by Profusa towards the purchase of Bitcoins, except in situations where the company’s cash balance falls below $5 million — in which case the priority will be to replenish the reserve to this level, with the remaining funds going towards cryptocurrency investments.
“In the context of accelerated currency devaluation, holding Bitcoin on our balance sheet is a strategic move to protect value for shareholders and adapt to a digital future,” stated Ben Hwan, Ph.D., Chairman of the Board and CEO of Profusa.
Ben Hwan emphasized that the new strategy allows for a combination of financial efficiency with the company’s mission — creating a health-focused digital platform aimed at supporting individuals with chronic diseases and improving well-being.
Market Impact and Major Corporate Bitcoin Holders
Profusa plans to make its first Bitcoin purchases within a week. The company will report on the volumes of cryptocurrency assets quarterly in its financial reports. Additionally, under the agreement, Ascent receives options to purchase 900,000 shares of Profusa at a nominal price of $0.01, but the total number of shares issued under the ELOC will not exceed 19.9% of the total number of shares of the company until approved by shareholders.
As of July 2025, the largest corporate Bitcoin holder in the world remains Strategy, with a portfolio of 607,770 BTC. Among other significant recent Bitcoin purchases, the following companies are noteworthy:
- semiconductor manufacturer Sequans — 1264 BTC;
- investment company Cardone Capital — a portfolio formed with 1000 BTC;
- video game distributor GameStop — balance replenishment of 4710 BTC;
- British company The Smarter Web Company — added 230.05 BTC to its reserve.
These examples indicate a growing interest among companies from various sectors of the economy in forming their own cryptocurrency reserves and using Bitcoin as a financial instrument for long-term value preservation.