Records: 42 companies hold 1.3 million bitcoins

Since Microstrategy shifted its large investment in Bitcoin, many companies have followed suit. According to statistics from the bitcointreasuries.org portal, there are currently 42 companies with over $ 65 billion in bitcoin.

Adding Bitcoin to a company's balance sheet has become standard.

At the end of 2020, there were 29 companies with around 1.1 million bitcoin, which is worth over $ 30 billion at the December 28 exchange rate. Also at the time, the 29 companies held 5.48% of the total assets of 21 million Bitcoin.

A total of 42 companies currently own 1,350,073 bitcoin, or 6.43% of the 21 million bitcoin deals, valued at $ 65 billion.

Companies such as Tesla, Mogo Search, Osprey Bitcon Trust, Evolve Bitcoin ETF Nine Point Bitcon Trust, trust companies and hedge funds are involved. Of course, the biggest holder is 649,130 ​​Bitcoins, which is 3.09% of the 21 million grayscale investments.

A private company called "MtGox K.K." came in second with 141,686 Bitcoins. Mt Gox is now 140,000 BTC, valued at $ 6.7 billion after becoming Block.one.

Microstrategy is the 4th largest host. Currently, around 328 bitcoins have been recovered for around $ 15 million in cash. It currently manages 90,859 Bitcoins, regularly supplementing 6-digit Bitcoin holdings.

Many companies are now using Bitcoin to curb inflation. Some experts predict that Bitcoin will become a global currency.

In fact, the Citibank report shows that given Bitcoin's “global and average impact”, the asset could become “the most profitable option for global commerce”.

Although Bitcoin faces a number of risks and risks, some of which are due to mismanagement, given the risks and opportunities, Bitcoin appears to be volatile and will become a significant asset. .