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Bitcoin => Bitcoin Discussion => Topic started by: rockem5 on June 07, 2021, 11:14:13 AM



Title: Did You Know? - 32 Companies Now Hold Bitcoin
Post by: rockem5 on June 07, 2021, 11:14:13 AM
A total of 32 companies hold a total of 325,013 bitcoin and 169,279 Ethereum on their balance sheets. With the highest being block.one holding 140,000 BTC, followed by MicroStrategy holding 90,859 BTC.

Check the whole list: https://cryptotreasuries.org/



Title: Re: Did You Know? - 32 Companies Now Hold Bitcoin
Post by: masterrex on June 07, 2021, 11:50:29 AM
Its a piece of good news that some mainstream companies are already considering the cryptocurrency potential, although that it's a positive development for the whole crypto industry but still it was just a small number of mainstream companies that recognized and adopt the cryptocurrency potential I hope it will grow more and include those mainstream giants.


Title: Re: Did You Know? - 32 Companies Now Hold Bitcoin
Post by: DaveF on June 07, 2021, 11:51:31 AM
Not even close to an accurate list.
Off the top of my head they don't have Gemini and they don't list Overstock / Medici (whatever they are calling themselves)

So with those two it's shown to be wildly inaccurate.
Don't see bitpay / bitrefill / bitstamp either but I am not not sure if any of them hold I would think at least one would.



-Dave


Title: Re: Did You Know? - 32 Companies Now Hold Bitcoin
Post by: tranthidung on June 07, 2021, 12:01:25 PM
Check the whole list: https://cryptotreasuries.org/
Other alternate websites for you
  • BuyBitcoinWorldwide.com (https://www.buybitcoinworldwide.com/treasuries/)
  • Coingecko.com (https://www.coingecko.com/en/public-companies-bitcoin) (Bitcoin Holdings by Public Companies)
  • Bybt.com (https://www.bybt.com/BitcoinTreasuries)
  • Bitrawr.com (https://www.bitrawr.com/bitcoin-treasuries)
  • Assetdash.com (https://assetdash.com/btc-treasuries)
According to [4], most of those companies are from the USA. and Canada.  :)

Reminder
  • They are tips of iceberg. There are probably more companies have investments into Bitcoin
  • They just have yet publicly announced their investments


Title: Re: Did You Know? - 32 Companies Now Hold Bitcoin
Post by: bitterguy28 on June 07, 2021, 12:06:43 PM
A total of 32 companies hold a total of 325,013 bitcoin and 169,279 Ethereum on their balance sheets. With the highest being block.one holding 140,000 BTC, followed by MicroStrategy holding 90,859 BTC.

Check the whole list: https://cryptotreasuries.org/

Thats not even a Million bitcoin worth lol, meaning still Whales are the biggest holder of bitcoin worldwide.

But indeed a good Spread here mate, this even add positive feeds for the whole community as it was slowly dropping support now.


Title: Re: Did You Know? - 32 Companies Now Hold Bitcoin
Post by: ene1980 on June 07, 2021, 12:29:12 PM
What is really interesting in the chart even though it is not the entire chart of companies holding the coins is the average price of Bitcoin in their holdings and what i always wonder is when they will be booking their profits as well. When you have huge investment in a certain asset by fund houses they usually book their profit and everyone should be aware of that as well if there is a major correction as these investors will always re-enter again.


Title: Re: Did You Know? - 32 Companies Now Hold Bitcoin
Post by: avikz on June 07, 2021, 12:54:40 PM
Not really something that needs cheering. I see a lot of these companies are related to bitcoin/blockchain. But there are companies like Tesla or square which are not related to bitcoin. That's where we really need to worry. Big pocket corporates have the monetary power to become the controller of the market. So if they start showing interest in crypto market, we won't be able to stop the massacre. So I personally don't find this news enticing. Rather, it's a risk for retail investors like us.


Title: Re: Did You Know? - 32 Companies Now Hold Bitcoin
Post by: GeorgeJohn on June 07, 2021, 01:00:12 PM
Its a piece of good news that some mainstream companies are already considering the cryptocurrency potential, although that it's a positive development for the whole crypto industry but still it was just a small number of mainstream companies that recognized and adopt the cryptocurrency potential I hope it will grow more and include those mainstream giants.
Shall it's a personal opinion, when looking at the list you will know that its few that been listed by op, while we have many in the list, which i think that Riot blockchain and NEXON . Com limited is one of the major companies that hold Bitcoin despite the NEXON is like its not operating effectively, it depends on their financial capability use to purchase Bitcoin that is under their custody, to this numerous companies. Shall our hope is to let more companies adventure into cryptocurrency.


Title: Re: Did You Know? - 32 Companies Now Hold Bitcoin
Post by: Kelvinid on June 07, 2021, 01:31:05 PM
That is a huge number, but some are just quiet and are not on the list.

From time to time, these numbers will continue to increase. maybe by the end of this year, we are able to make x2 or even x3. That is overwhelming, right?   Well, we can never disclose these huge changes, I know and I believe it will come soon that the majority will use and adopt Bitcoin. It just takes time to develop and for the community to find it and might be appreciated.   


Title: Re: Did You Know? - 32 Companies Now Hold Bitcoin
Post by: Lucius on June 07, 2021, 02:01:14 PM
Thats not even a Million bitcoin worth lol, meaning still Whales are the biggest holder of bitcoin worldwide.
But indeed a good Spread here mate, this even add positive feeds for the whole community as it was slowly dropping support now.

If you look at some more accurate and complete lists you will see that the total amount of BTC held by all companies is about 8%, which filled more than 1 million BTC (1 685 391). And that's not something new, its old data, and it won't have any effect on how you say "dropping support" - weak hands have always been bad support anyway.



By the way, it doesn't make sense to quote the whole OP - your post won't look any better, quite the opposite.


Title: Re: Did You Know? - 32 Companies Now Hold Bitcoin
Post by: Bitstar_coin on June 07, 2021, 02:06:22 PM
A total of 32 companies hold a total of 325,013 bitcoin and 169,279 Ethereum on their balance sheets. With the highest being block.one holding 140,000 BTC, followed by MicroStrategy holding 90,859 BTC.

Check the whole list: https://cryptotreasuries.org/

Am glad Tesla and musk not even among top holders, at least there are still up to 32 companies holding btc irrespective of this fud, this companies knows the importance of holding btc so they don't mind the rest of what people are saying about mining btc and all that, this is a sign that btc is one asset we must hold, no need to panic sell because of some irrelevant fud.


Title: Re: Did You Know? - 32 Companies Now Hold Bitcoin
Post by: ropyu1978 on June 07, 2021, 02:58:57 PM
if you think of the 32 big companies that have adopted bitcoin, I think that's a big number, maybe that's old news, maybe now the companies holding bitcoins have decreased, because they took profits, so they gave up all their bitcoins, so now there are only a few companies big companies that hold bitcoin.. we all hope that in the future bitcoin will not only be big companies that hold bitcoins, but we can also accommodate lots of bitcoins


Title: Re: Did You Know? - 32 Companies Now Hold Bitcoin
Post by: Swopon on June 07, 2021, 03:04:13 PM
Yes, because it already published by mainstream newspaper that they are buying Bitcoin and holding with a big amount of BITCOIN. It should be needed to hold more because the current market is not stable due to spreading neg news again and again. Holding will be good for now. Hopefully, the situation will overcome soon.


Title: Re: Did You Know? - 32 Companies Now Hold Bitcoin
Post by: Review Master on June 07, 2021, 03:19:03 PM
Today, MicroStrategy announces proposed private offering of $400 Million of senior secured notes to acquire additional bitcoin (https://twitter.com/michael_saylor/status/1401879767943729154?s=09) . And it looks like, Michael Saylor is on the mission to overtake block(dot)one in terms of hodling bitcoin and take bitcoin to the moon. Lets see who will win the race for being on the position of top institutional investor.  ;D

Reminder
  • They are tips of iceberg. There are probably more companies have investments into Bitcoin
  • They just have yet publicly announced their investments

Indeed, there are more companies outside USA which already bought bitcoin and didn't make it public yet. So actual hodlings of bitcoin by institutional investors/companies are still unkown and we can just get a rough idea of the hodlings through those websites.


Title: Re: Did You Know? - 32 Companies Now Hold Bitcoin
Post by: pawanjain on June 07, 2021, 04:09:18 PM
It may be taken as a good as well as a bad news.

Good - because more number of entities are holding bitcoin
Bad - because the number of whales are increasing and more the number of whales more the risk of manipulation

At the end it gives us the positive hope that bitcoin adoption is just increasing every year


Title: Re: Did You Know? - 32 Companies Now Hold Bitcoin
Post by: Kez1817 on June 07, 2021, 05:00:13 PM
As Bitcoin continues its meteoric growth, we are not surprised at companies storing cryptocurrency as funds.  Many major companies and institutional investors buy Bitcoin as a reserve asset. It has an impact in the market but I don't think if we need to worry about it. Although they can manipulate the market, let's ride on. Only weak hands will always be the loser and the whales always waiting for them.


Title: Re: Did You Know? - 32 Companies Now Hold Bitcoin
Post by: mk4 on June 07, 2021, 05:14:14 PM
Not even close to an accurate list.
Off the top of my head they don't have Gemini and they don't list Overstock / Medici (whatever they are calling themselves)
Has Overstock and Gemini disclosed how much bitcoin they're holding though? Assuming they actually hold bitcoin. Because if not, there's literally no data to show. Hence why even the alternative websites doesn't have both listed.

So with those two it's shown to be wildly inaccurate.
Don't see bitpay / bitrefill / bitstamp either but I am not not sure if any of them hold I would think at least one would.
As for these companies, did they even say that they hold bitcoin specifically on their balance sheets and not as assets-under-management? Safe to assume the main point of these "bitcoin treasury" websites is to list companies that actually hold bitcoin to hedge their cash. Listing exchanges would make it inaccurate because they hold bitcoin that's not necessarily theirs.


Title: Re: Did You Know? - 32 Companies Now Hold Bitcoin
Post by: Eureka_07 on June 07, 2021, 07:29:57 PM
As Bitcoin continues its meteoric growth, we are not surprised at companies storing cryptocurrency as funds.  Many major companies and institutional investors buy Bitcoin as a reserve asset. It has an impact in the market but I don't think if we need to worry about it. Although they can manipulate the market, let's ride on. Only weak hands will always be the loser and the whales always waiting for them.
Some quite known personaliies worldwide have some impact on bitcoin's current price... like Elon Musks who I think just playing with the market of not just bitcoin but also some few alternate coins. Its a good news that there are big companies that put their trust on bitcoin, however those acts like Elon are doing aren't making any help on the community. Recently he received a "warning" from the Anonymous group just to share.


Title: Re: Did You Know? - 32 Companies Now Hold Bitcoin
Post by: KennyR on June 07, 2021, 09:02:05 PM
StoneRidge Holdings seems to be the best one in my view, because even before the giants they've realised the potential of bitcoin and has invested much earlier than rest of the companies. This list will turn very big in the falling years, because every large scale firm will look for an opportunity. Possibly waiting for a massive crash to pour good sum of money into bitcoin.


Title: Re: Did You Know? - 32 Companies Now Hold Bitcoin
Post by: acener on June 07, 2021, 09:14:11 PM
It's great that we have so many companies that believes in Bitcoin and wanted to be part of it,
But I think there are more than just 32 what if there are others who are still discreet about them owning crypto?
It is still great that after more than a decade we now have those companies backing up crypto and for sure there would be more in the future.


Title: Re: Did You Know? - 32 Companies Now Hold Bitcoin
Post by: uneng on June 07, 2021, 09:53:47 PM
As we can see it's good news for bitcoin. And it is not actually because these companies are holding btcs, but because the amount they hold are insignificant compared the the total bitcoin supply. It makes manipulation harder and the distribution truly decentralized among different individuals. There are no kings or maharajas in bitcoin environment and I believe that is why it has been working so well.


Title: Re: Did You Know? - 32 Companies Now Hold Bitcoin
Post by: livingfree on June 07, 2021, 09:59:26 PM
Although the list could be not an accurate as it is but to see those companies holding a large of bitcoin makes me think again of another what if. What if all of them dump it all at once.

For sure there will be takers and the other companies and whales who would like to purchase those sold bitcoins. But having that said, I think some other companies has to be on that list that are very common and known to hold a lot of bitcoins.


Title: Re: Did You Know? - 32 Companies Now Hold Bitcoin
Post by: Distinctin on June 07, 2021, 10:47:10 PM
Although the list could be not an accurate as it is but to see those companies holding a large of bitcoin makes me think again of another what if. What if all of them dump it all at once.

For sure there will be takers and the other companies and whales who would like to purchase those sold bitcoins. But having that said, I think some other companies has to be on that list that are very common and known to hold a lot of bitcoins.
if they will work together and agreed to sell their holding for a lower price, it is totally a worse thing to happen. I can really imagine a huge market drop in prices. So the hopes now that they don't communicate with each other and the keep holds as what they plan.
I have noticed that Tesla holds a huge amount of Bitcoin. I'm not sure if that will be the companies asset or it was Elon Musk? It was a question since Tesla never accepts Bitcoin and it never makes sense to still hold it without getting some benefits.


Title: Re: Did You Know? - 32 Companies Now Hold Bitcoin
Post by: Rengga Jati on June 07, 2021, 10:57:47 PM
And from the lists, there is none from my country.
It makes sense because sometimes, many companies are still afraid to publicize their involvement in the crypto world, moreover holding Bitcoin because of the relation of any taxes. That is why many people or companies may refer to hide their Bitcoin assets, moreover, the companies are not the big and popular wone like in the list.

Btw, Tesla is in the third number, well, with that ₿ 38,300, it is sure that this company really concern with BTC, but sometimes, it is worrying because of what Elon Musk is doing to Bitcoin and crypto generally.

However, this is my first time realizing how much Bitcoin that Block. one is holding, wow


Title: Re: Did You Know? - 32 Companies Now Hold Bitcoin
Post by: Wawa2013 on June 07, 2021, 11:13:46 PM
As we can see it's good news for bitcoin. And it is not actually because these companies are holding btcs, but because the amount they hold are insignificant compared the the total bitcoin supply. It makes manipulation harder and the distribution truly decentralized among different individuals. There are no kings or maharajas in bitcoin environment and I believe that is why it has been working so well.

Although I'm not sure if the data is accurate or not, but this is enough to prove Bitcoin still has such great appeal to big companies.
I mean, this is good news, and it is very possible that companies that will invest in Bitcoin will increase. Since the advantage of Bitcoin is
decentralization, which makes Bitcoin uncontrollable by anyone. This is what makes many investors believe Bitcoin will be a big thing
in the future. So until now I have never hesitated to continue to collect as much Bitcoin as possible. Because if the number of companies
investing in Bitcoin continues to grow, the price of Bitcoin should also be more expensive.


Title: Re: Did You Know? - 32 Companies Now Hold Bitcoin
Post by: mckinleeanael07 on June 07, 2021, 11:25:28 PM
The presence of large companies holding bitcoin is also a good thing along with causing the price of bitcoin to explode to more than $60K, but also comes with a lot of risks when large companies or funds Selling a large amount of Bitcoin will cause market chaos.


Title: Re: Did You Know? - 32 Companies Now Hold Bitcoin
Post by: AakZaki on June 07, 2021, 11:32:54 PM
In the future, there may be more companies holding bitcoins because Bitcoin has been recognized as having an important role in being able to generate greater profits for the company.
however there will still be pros and cons about using Bitcoin.
Tesla is still holding bitcoin, but Tesla is no longer accepting bitcoin payments for the purchase of its products.
The more companies holding bitcoins means the more popular and profitable bitcoin is.


Title: Re: Did You Know? - 32 Companies Now Hold Bitcoin
Post by: sheenshane on June 07, 2021, 11:38:02 PM
I thought Telsa company has been sold their all Bitcoin after Elon Musk spreading FUD on it and might the reason for having a huge dip in the Bitcoin price.
Is there anyone who can verify this because AFAIK, Tesla company now didn't accept Bitcoin anymore as payment.

But yet, this is proven that the large holders are those big institutional investors and yes, we're should be thankful to them they made the Bitcoin price up but there's a risk on them, they might become a whale when let say, 1-3 companies have the same decision of selling their assets.  It could have a huge impact on the price in the market for sure.

The thing that we consider it will become bearish when there are other companies that will follow of adopting Bitcoin and never sell it whatever happens.


Title: Re: Did You Know? - 32 Companies Now Hold Bitcoin
Post by: livingfree on June 07, 2021, 11:45:11 PM
Although the list could be not an accurate as it is but to see those companies holding a large of bitcoin makes me think again of another what if. What if all of them dump it all at once.

For sure there will be takers and the other companies and whales who would like to purchase those sold bitcoins. But having that said, I think some other companies has to be on that list that are very common and known to hold a lot of bitcoins.
if they will work together and agreed to sell their holding for a lower price, it is totally a worse thing to happen. I can really imagine a huge market drop in prices. So the hopes now that they don't communicate with each other and the keep holds as what they plan.
That's just my fear and thought but I know that many of them are firm in holding bitcoin as they've treated it as their reserve. But if that really happens, we will see a quick plummet that will definitely be on the news again to take some contributions from panic sellers.

I have noticed that Tesla holds a huge amount of Bitcoin. I'm not sure if that will be the companies asset or it was Elon Musk? It was a question since Tesla never accepts Bitcoin and it never makes sense to still hold it without getting some benefits.
It's the company's asset and if Elon has his personal holding, I think he said that it's just around 0.01 BTC or 0.05 BTC for which an obvious lie. Although I disagree to you, it makes sense to hold bitcoin to them just like the other companies despite not accepting it. They can rely on it as part of company's investment.