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KPMG in Canada adds both bitcoin and ether to its corporate treasury. The crypto asset allocation is a first-of-its-kind investment for the accounting and advisory company.

At the time of Cruz’s purchase, Bitcoin was trading in the $36,000 and $37,000 ballpark, down roughly 47% from its ATH.

Investors have kept flocking crypto startups despite the value of digital assets falling drastically in January.

According to Treasury Department data published Tuesday, the national debt of The U.S. surpassed $30 trillion for the first time. Since January 2020, the U.S. has printed 80% of all U.S. dollars in existence.

Since all-time-high in November 2021, things has been looking gloomy in the cryptocurrency market with bitcoin falling almost 50%. But there are clear trends suggesting a shift is on the horizon.

Bitcoin-based investment products saw inflow of around $14 million last week.