Top 10 listed companies with the most Bitcoins in the world

A few years ago the idea of ​​a publicly traded company to raise Bitcoin as savings was seen as unreliable, but Bitcoin was criticized for being unstable and unreliable to be bought out by a "big" company. . However, as COVID-19 has affected the world for the past year and a half, that restriction has been completely broken and many key companies have fallen into the crypto "rabbit hole". When cloud software company MicroStrategy purchased $ 425 million worth of Bitcoin between August and September 2020, the tide for Bitcoin adoption slowly opened, with the massive payment block (formerly Square) and the builder of Tesla electric vehicles, other state-owned companies followed.

For traders who are reluctant to buy bitcoin on their own, buying products from companies that hold bitcoin can be a great way to introduce yourself to your assets without worrying about self-management issues. In fact, some pundits, such as Meltem Demirors, the managing director of digital investment firm CoinShares, believe that where MicroStrategy buys Bitcoin is hiding the company based on some aspect of Bitcoin ETF.

Let's take a look at the companies listed with most bitcoin.

一、MicroStrategy

As of December 29, 2021, holdings of 124,391 BTC are worth more than $ 5.8 billion.

MicroStrategy, a well-known market analysis platform, has acquired Bitcoin as its main asset. Throughout 2021, companies that develop mobile software and cloud services have been buying Bitcoin like crazy. As MicroStrategy CEO Michael Saylor once explained: His company buys $ 1,000 per second in Bitcoin.

Unlike other CEOs who are reluctant to disclose their personal capital, Sailor publicly announced in late October that he held 17,732 BTC (currently over $ 832 million).

According to BitInfoCharts, this makes Saylor one of the top 100 bitcoin owners who believe all bitcoin is kept in one place. For the CEO of MicroStrategy, this is a big change. Asked about Bitcoin in 2013, he said: "Bitcoin is just a few days away and it will start to pave the way for online gambling."

On New Years Eve 2020, Morgan Stanley announced that it had acquired a 10.9% stake in MicroStrategy, and MicroStrategy wanted to allow other companies to invest in Bitcoin. In a meeting designed to help businesses comply with cryptocurrency investments, Saylor said he hoped “more businesses” would add bitcoin to their balance sheets next year.

In his remarks on Binance Blockchain Week, Saylor explained why he chose Bitcoin over gold as his inheritance. -If it is legal, you will choose Bitcoin, which is the digital currency of gold. "

2. Tesla

Open interest as of December 30, 2021: 42,902 BTC, valued at $ 2.04 billion.

Electric car maker Tesla has joined Bitcoin's ranks by owning the company that has invested "a total of $ 1.5 billion" in cryptocurrencies, according to data from the State Securities and Exchange Commission (SEC) United, with a current value of 42,902 BTC and $ 2.04 billion. . United States.

Tesla sold 10% of its Bitcoin holdings in the first quarter of 2021 and, according to CEO Musk, “proves Bitcoin's liquidity as an alternative to cash in the balance. How? 'Or' What. "

According to data submitted to the US SEC, Tesla's acquisition of Bitcoin is affected by a new investment policy designed to differentiate its securities and increase profits. The document reads: “We may invest some of that cash in some special assets in the future, including digital assets, bullion, gold exchanges and other assets. .

At the end of January 2021, Musk changed his Twitter profile to #Bitcoin.

However, the relationship between Musk and Bitcoin is not always good. Just two months later, in March 2021, after Tesla announced it would accept Bitcoin payments for products and services, the CEO suddenly announced that the company would no longer accept cryptocurrency payments.

Musk said he will not be selling bitcoin and will decide to 'switch to stronger energy' after the mining industry, due to the use of fossil fuels in bitcoin mining and growth industry fast. It was later announced that when miners used 50% of clean energy, the company would reuse Bitcoin for business purposes.

Musk became a Dogecoin sponsor in 2021 and announced that Tesla will help Dogecoin buy certain Tesla products.

3.Galaxy Digital Holdings

According to bitcointreasuries.org, Galaxy Digital Holdings, the largest cryptocurrency creation company based on the largest direct-owned Bitcoin organization in the crypto industry, holds 16,400 BTC, which is worth more than $ 779 million. dollars in current value, according to bitcointreasuries. org. the price.

The company was founded in January 2018 by Michael Novogratz and has partnered with crypto companies such as Block.one and BlockFi. Novogratz is a supporter of Bitcoin. In April 2020, he called it a “time” for Bitcoin, noting that the support budget announced in response to the new cap is making people more interested in cryptocurrencies.

But later that year, Novogratz believed the weakness of the cryptocurrency meant gold was safer. In September 2021, Galaxy Digital and Invesco jointly filed for a Bitcoin Spot ETF, and so far the United States Securities and Exchange Commission (SEC) has only approved Bitcoin Futures ETFs.

According to Voyager Digital LTD

According to data from bitcointreasuries.org, crypto broker Voyager Digital holds 12,260 BTC, which is roughly $ 582 million in current value.

The company aims to provide one-stop-shop services for the digital asset industry, and its quarterly revenue for May 2021 is $ 60.4 million, 16 times more than last quarter. “We are seeing the exponential adoption of cryptocurrencies as a recognized and investable asset class,” said CEO Steven Ehrlich.

In a letter to the Canadian regulator in June 2021, the company received a cautious voice, stating that "the decline in the value of bitcoin could have a major impact. Very for the performance benefits of the company" and as early as March 2020 : introduction. together. The "rapid decline" in Bitcoin prices is a result of the uncertainty surrounding the COVID-19 virus.

5, Block Co., Ltd.

Open interest was 8,207 BTC, or $ 381 million in present value.

Block (formerly Square) invested $ 50 million in Bitcoin in October 2020, leading to an increase in business investment in Bitcoin.

Since then, Block has continued to invest in Bitcoin and said in its Q4 2020 earnings report that it purchased approximately 3,318 Bitcoins for a total purchase price of $ 170 million. This is not surprising, given that CEO Jack Dorsey is a preferred Bitcoin sponsor (sometimes managing his own Bitcoin node).

At the time, the company described the investment as "Square's continued commitment to Bitcoin" and said that "the company plans to continue to measure its investment in Bitcoin against other investments. "

Block's Bitcoin holding currently stands at 8,207 BTC, which is the equivalent of US $ 381 million in current value. In March 2021, the company's chief financial officer, Amrita Ahuja, told Fortune magazine that "there is a real reason for bitcoin in every balance sheet," and reiterated that the company has "long" crypto assets. .

In May 2021, the company reaffirmed its commitment to buy Bitcoin after Ahuja said the company had no plans to buy more Bitcoin. Block has also done more to develop the Bitcoin ecosystem, launched a $ 5 million fund to further improve crypto education, and protected Bitcoin in a free form to protect the cryptocurrency environment.

The company is still working on Bitcoin technology and announced its intention to launch Bitcoin hardware wallets in July 2021. The company changed its name from Square to Block in October 2021. Dorsey announced that he had stepped down as CEO of Twitter and will focus on Payments. business.

Marathon Digital Holdings Inc.

Bitcoin miner Marathon Digital is also a major Bitcoin trader, holding 7,649 BTC in financial institutions, which equates to $ 363 million in current value.

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The performance of the company in 2021 is $ 200 million for $ 200 million this year, and $ 1.5 billion in Bitcoin in January. Over the past year, the price is shared before 3,000% (farther) is better than small coins.

Marathon Digital's ultimate goal is to ship over 199,000 Bitcoin miners by 2023, with a daily count of 23.3 PE / s, up 600% from the hash rate of December 2021. This month, the company ordered 78,000 ant miners from Bitmain, with deliveries expected in 2022.

7. Mining company Hut 8

According to data from bitcointreasuries.org, Canadian cryptocurrency mining company Hut 8 holds 5,242 BTC worth $ 249 million.

In June 2021, the company was listed on the Nasdaq Global Select Market as a code HUT, and the company's filing with the United States SEC stated that it had "led to an increase in membership in increasing the number and value of Bitcoin holding ".

The company also explained that it uses its own mined and held Bitcoin holdings to generate legitimate income "through income from contracts with the executives of digital wealth brokerage houses."

In June 2021, Hut 8 announced the primary goal of digging 5,000 BTC by the end of the year. Mining industry.

Coinbase Global, Inc.

Open interest was 4,482 BTC, valued at $ 213 million.

The most famous cryptocurrency company on this list, the Coinbase cryptocurrency exchange, went public directly on the Nasdaq in April 2021. Although Coinbase's price decline did not prove it, the move is welcomed as a priority in the crypto industry.

Prior to its listing in February 2021, Coinbase announced that it had $ 230 million (4,482 BTC) worth of Bitcoin on its balance sheet. Coinbase chief executive Brett Tejpaul said the company's balance sheet has contained Bitcoin and other cryptocurrencies since its inception in 2012. He said the company plans to invest in cryptocurrencies because they believe in the long term potential of the crypto industry.

九、Riot Blockchain, Inc.

Riot Blockchain, a US-based cryptocurrency mining company, owns 3,995 BTC, which is currently valued at US $ 189 million.

Companies listed on the Nasdaq have grown rapidly recently, with their market share increasing from less than $ 200 million in 2020 to over $ 6 billion in 2021. In April 2021, it spent $ 650 million to build a facility. 1 GW Bitcoin mining company in Rockdale, Texas, announcing what has become a "transformation" that will make the company "the largest in North America." A Bitcoin mining and storage company, trades like ".

However, Riot shares have fallen since reaching all-time highs in February 2021. Down 52%.

十、Bitcoin Group SE

Bitcoin Group SE, a Germany-based venture capital firm, owns 3,947 BTC, which is equivalent to US $ 187 million in current value. Its investments include the cryptocurrency exchanges Bitcoin.de and Futurum Bank, which merged in October 2020 to become "Germany's premier cryptocurrency bank."

The move comes after the German parliament decided to allow banks to sell and store cryptocurrencies. Marco Bodewein, CEO of Bitcoin Group SE, said it would be possible to introduce "return and security features" of crypto to businesses. at the bank.