Bitcoin Treasuries 101: Corporate Logic, Your Next Move

TeleSwap Team

05 Sep 2025 — 6 min read

Meta description: Corporate Bitcoin treasuries topped 1M BTC. Learn why firms stack BTC—and how to buy, self-custody, DCA, swap, and earn Bitcoin with TeleSwap.

Public companies now hold over 1,000,000 BTC—about $110B worth of Bitcoin. That’s not just a headline; it’s a signal that boardrooms see BTC as treasury-grade capital, not just a speculative bet (CoinDesk, CMC Academy). If you want to Buy Bitcoin, Hold BTC in self-custody, Swap BTC, and even Earn Bitcoin—without a centralized exchange—TeleSwap gives you those rails. This guide explains why corporations are building a Bitcoin treasury, how fair-value accounting de-risks BTC on balance sheets, and how you can copy the playbook with Bitcoin DCA, Stablecoin to Bitcoin swaps, and yield—end to end in self-custody.

Why Companies Are Building a Bitcoin Treasury

Scarcity + Liquidity = Treasury-grade asset

Bitcoin’s supply is capped at 21M. Markets run 24/7 with deep global liquidity. That combination makes BTC attractive as a long-duration reserve versus cash subject to inflation or negative real yields. It’s also easier to raise, trim, or collateralize than most “strategic assets.”

Signaling & strategic optionality

Holding BTC signals tech alignment and readiness for Bitcoin-native commerce: payments, on-chain credit lines, and cross-chain settlement.

The 1M BTC milestone (and who’s leading)

As of early September 2025, public firms collectively hold ~1,000,632 BTC, per BTC Treasuries—concentrated among a handful of large holders, led by Strategy (formerly MicroStrategy) (CoinDesk, BTC Treasuries dashboard). Strategy’s rebrand from MicroStrategy was formalized in August 2025 (press release, Investor relations).

Accounting Finally Caught Up (Fair-Value Treatment)

For years, US GAAP forced most crypto into an impairment-only model. In ASU 2023-08, the FASB moved to fair-value measurement for qualifying crypto assets, with changes through earnings—effective for fiscal years beginning after Dec 15, 2024 (i.e., 2025 for calendar-year filers). That cleaner treatment reduces optical friction for boards adopting BTC (FASB, Deloitte FAQ, CPA Journal).

Takeaway for you: If CFOs can hold BTC with clearer accounting, your personal “treasury” can be even simpler: self-custody, automate Bitcoin DCA, keep flexible liquidity, and use reliable rails to swap BTC or move stablecoin to Bitcoin when needed.

Copy the Corporate Playbook (At Individual Scale)

1) Self-custody first

Self-custody means you hold the private keys (hardware or software wallet), not an exchange. It removes custodial counterparty risk and aligns with Bitcoin’s ethos (intro primer from Ledger Academy: What is self-custody?).

Popular wallet options (examples):

Ledger wallet (hardware): long-term vault and multi-chain self-custody via Ledger Live (overview, multichain).
Xverse wallet (mobile/extension): 100% self-custody for Bitcoin and Bitcoin-native assets; hardware-wallet support (site).
UniSat wallet (browser): non-custodial extension for Bitcoin, Ordinals, Runes (download).
Phantom wallet (mobile/extension): supports Bitcoin addresses (Native SegWit bc1q by default) (Phantom help).

Keyword clarity: Ledger wallet, Xverse wallet, UniSat wallet, Phantom wallet are all compatible ways to Hold BTC, Swap BTC, and move across chains while staying in self-custody.

2) Program your buys (Bitcoin DCA)

Bitcoin DCA turns volatility into discipline. Pick a weekly or bi-weekly cadence to stack BTC without timing the market.

3) Keep liquidity optional

Corporates need windows for capex or buybacks. You might need BTC liquidity to rebalance or seize opportunities. That’s where TeleSwap shines—letting you bridge and swap BTC across chains in minutes, trustlessly.

TeleSwap, Plainly Explained

TeleSwap is a decentralized Bitcoin bridge + DEX router that connects Bitcoin ↔ EVM chains (and TON). You can:

Buy native BTC on Bitcoin using USDC/USDT from an EVM chain (i.e., Stablecoin to Bitcoin).
Swap BTC ↔ ERC-20s (e.g., ETH, stablecoins) and go back to native BTC.
Wrap/unlock BTC to TELEBTC and redeem to native BTC—without a central custodian.

Security model (why it’s “trustless”):

Light-client bridge verifies Bitcoin transactions on-chain on the destination chain (docs).
Lockers (collateralized operators) custody funds during wrap/unwrap; slashing enforces honest behavior (Lockers, Slashing).
Teleporters submit inclusion proofs; the protocol never mints unless a real BTC event occurred (Teleporters).
Protocol overview of wrap/unwrap and swap flows (overview).

Fees & timing (what to expect):

Network fee: destination-chain gas abstraction (varies by chain).
Locker fee: currently 0.15% of the bridged amount paid to the Locker (per docs) (fee info, fees page).
Timing: TeleSwap processes after source-chain confirmations. In practice, normal swaps process once BTC confirmations land; docs reference 2 confirmations (~20 minutes) for normal swaps and 4 confirmations in the wrap flow—plan for ~20–40 minutes depending on route (Instant swaps, overview).

Fast path: Instant Swaps use Fillers who front-deliver assets on the destination chain and settle post-confirmation—typically <2 minutes for BTC→EVM (Instant swaps).

How to Swap Stablecoin → Bitcoin in Self-Custody (TeleSwap)

Goal: Convert USDC/USDT on an EVM chain into native BTC—no centralized exchange.

Step 1 — Fund your EVM wallet

Hold USDC/USDT and a small amount of native gas (e.g., ETH for Ethereum). Hardware-secure setups (e.g., Ledger wallet) or battle-tested extensions like Phantom wallet are popular choices.

Step 2 — Connect to TeleSwap

Open the app and connect your EVM wallet. Have your Bitcoin address ready from Xverse wallet, UniSat wallet, or Phantom wallet (Native SegWit bc1q).

Step 3 — Select route: “Stablecoin → BTC”

Choose your source token (e.g., USDC on Ethereum) and BTC as the destination asset. TeleSwap routes through on-chain liquidity (e.g., WBTC ↔ TELEBTC) and redeems to native BTC per the docs’ swap/unwrap flow (protocol overview).

Step 4 — Pick speed

Normal: waits for source-chain confirmations; usually ~20–40 minutes end-to-end.
Instant: a Filler fronts the destination token; you settle post-confirmation (often <2 minutes BTC→EVM).

Step 5 — Review fees & minimum-receive

Confirm the network fee and Locker fee. Set a reasonable minimum received to avoid execution if price moves.

Step 6 — Receive native BTC

TeleSwap redeems TELEBTC to your Bitcoin address. Verify in your wallet and on-chain.

Want the reverse? TeleSwap also supports selling BTC → stablecoin on EVM, still in self-custody.

Want a visual, step-by-step? See our Academy guide: How to Bridge BTC to WBTC and Provide Liquidity on Uniswap.

Earn Bitcoin While You Hold (BTC-Denominated LP Fees)

If you’re comfortable providing liquidity, TELEBTC–WBTC/BTCB pools let you Earn Bitcoin (fees) while staying BTC-centric. TeleSwap also offers Zap Liquidity so you can deposit one token (e.g., only WBTC or only TELEBTC) and the contract optimizes the split to add v3 liquidity in a single transaction. Returns are BTC-denominated and driven by real DEX volume, not inflationary emissions. See: Earn 5–10% APR on Your Bitcoin with TeleSwap — Simple, On-Chain & Sustainable.

Key notes:

Exposure remains BTC-centric (BTC vs wrapped-BTC pair), which reduces typical impermanent loss versus volatile cross-asset pairs.
Wrapped assets carry peg risk—size positions prudently.
Gas and filler fees apply; keep some native gas on the LP chain.

Practical “Personal Treasury” Checklist

Write a policy. Choose an allocation, define your Bitcoin DCA cadence, and document when you rebalance or deploy liquidity.
Segregate roles.
- Cold storage (Ledger wallet) for long-term Hold BTC.
- Hot wallet (Xverse wallet, UniSat wallet, Phantom wallet) for operational swaps/bridging.
Use TeleSwap for mobility. Need Stablecoin to Bitcoin quickly? Or to Swap BTC back to USDC on EVM? TeleSwap gives you both routes, trustlessly.
Optional yield. Provide liquidity to TELEBTC–WBTC/BTCB and collect BTC-denominated fees. Start small, monitor pools, expand as you gain confidence.
Backups & recovery. Store seed phrases securely (consider metal backups). Test recovery before you need it.

Common Misconceptions (Quick Clarity)

“Self-custody is only for pros.” Modern wallets abstract the hard parts; your responsibility is backups and basic opsec.
“BTC→EVM bridging is inherently unsafe.” Risk depends on design. Light-client verification + slashing removes single-custodian failure points (docs).
“You must use a CEX to go Stablecoin → BTC.” You don’t. TeleSwap routes USDC/USDT → TELEBTC → native BTC entirely on-chain (overview).

Conclusion: Corporate Logic, Personal Action

Corporates adopted BTC because it’s scarce, liquid, and now cleaner to account for. You don’t need a board vote to do the same:

Buy Bitcoin on your terms.
Keep it in self-custody with Ledger wallet, Xverse wallet, UniSat wallet, or Phantom wallet.
Swap BTC and move Stablecoin to Bitcoin with TeleSwap—fast, trustless, and non-custodial.
Optionally Earn Bitcoin via BTC-denominated LP fees.

Ready to act? Explore the TeleSwap documentation and start bridging, swapping, and earning—in self-custody.

FAQ

1) What is a “Bitcoin treasury” for an individual?

A personal policy for how you Hold BTC, how you DCA, and how you access liquidity (e.g., Swap BTC to USDC during stress, or deploy capital to LPs). Treat BTC like a reserve asset with explicit rules.

2) How fast are TeleSwap swaps?

Normal swaps process after source-chain confirmations (plan for ~20–40 minutes depending on route). Instant Swaps often complete under ~2 minutes for BTC→EVM, thanks to Fillers (Instant swaps).

3) What fees should I expect?

Two main parts: a destination network fee (gas abstraction) and a Locker fee (currently ~0.15% of the bridged amount) per docs (fees, Lockers).

4) Is TeleSwap custodial?

No. It uses a light-client bridge, collateralized Lockers, and slashing to enforce honest behavior; proofs are verified on-chain before mint/burn (docs).

5) Can I really earn yield in BTC terms?

Yes—by providing liquidity to TELEBTC–WBTC/BTCB pools and collecting BTC-denominated swap fees. See Earn 5–10% APR on Your Bitcoin with TeleSwap — Simple, On-Chain & Sustainable for the mechanics and risks.

6) Do I need specific wallets?

Use Ledger wallet for cold storage and Xverse wallet, UniSat wallet, or Phantom wallet for day-to-day operations. Phantom supports bc1q Bitcoin addresses; Xverse and UniSat are Bitcoin-native.