Bitcoin Holding in Companies

[proTECH77]

Those companies you mentioned are good companies for investment just that they have grad pass each in cryptocurrencies. Grayscale company is a good company that many investors is talking about. Many people that invest with this company are just smiling because of the good profit that is waiting for them.
I think more investors will now be rushing most of those new project that is showing sign of a good project.

[Eternad]

I'm amazingly surprise with these list of companies who actually holds bitcoin there's only two emotion I am feeling right now, one is excited who's company is going to be the next in the list, But I'm afraid that it will be the start of centralizing ( slightly ) the bitcoin. From any moment, if every government turns their back with cryptocurrencies these companies will be force to sell it all out leaving the whole market in awe.

Hopefully they will not just sell and leave the market, they might have plans for longs term that they chose to invest with bitcoin. If they were able to properly earned in crypto and able to gain much more that they make before entering this market then there is no reason for them to leave unless the government will tells them. There might be more companies out there that didn't announce yet that they do have bitcoin holdings or atleast the owner have. It's good to see see companies that do use crypto in their fund management since in my country fund management see it too risky that they avoid investing in it.

[samcrypto]

Those companies you mentioned are good companies for investment just that they have grad pass each in cryptocurrencies. Grayscale company is a good company that many investors is talking about. Many people that invest with this company are just smiling because of the good profit that is waiting for them.
I think more investors will now be rushing most of those new project that is showing sign of a good project.

Its good to see many companies holding bitcoin, but as a small time bitcoin hodler there’s a risk for us because anytime they can dump their bitcoin and that can suffer the whole market which can leave many people broke.

Anyway, Grayscale is a great company I just hope that they don’t dump their holdings easily and wait for the peak of bitcoin again, investors loves bitcoin now this is one of the main option now in the market.

[jaysabi]

https://twitter.com/Coin98Analytics/status/1315853890424717312

We heard about Square investing in Bitcoin and I am sure many of you know about Grayscale but let's look at other publicly traded companies who purchased Bitcoin.
Total value for all of them is over $6 billion or around 600,000 BTC, but I am sure there are many more who not so famous or they purchased it with some 3rd party firms.
13 companies are holding around 2.85% of the total supply of Bitcoin.
Let's compare all of them:

449,596 Grayscale
  69,730 CoinShares
  38,250 MicroStrategy
  16,551 Galaxy digital
    8,195 3iQ
    5,215 BTCe
    4,709 Square
    2,954 HUT8
    1,239 Voyager
    1,053 Riot
       215 digital
       204 cypher punk holdings
       126 argo
 
More detailed report on Bitcoin Treasuries website:

https://bitcointreasuries.org/

Some say that Grayscale doesn't own any Bitcoin but that is for debate because they are Investment Trust, and their clients are buyers who own bitcoins.

Grayscale's holdings aren't the company's own holdings but what they hold collectively on behalf of other investors, so to include them on a list of companies that invest in bitcoin is misleading at best, but I would go so far as to call it inaccurate. Grayscale is different from Square which also lets people buy bitcoin but has itself invested its own treasury into bitcoin.  Grayscale has not invested in 449k btc, its clients have.  It's an important distinction.

[RealMalatesta]

Every time I see this being discussed I usually havethoughts on what the companies have as plans. There is no doubt everyone is bent on profiting out of BTC. Imagine what these companies are going to do when they BTC trading above $20,000 or a huge price, they would just decide that they are going to sell it and put the money back to where it comes from, and that means they are going off with profit, and imagine how much they will have.

There are probably more companies owing bitcoin and we dont know. For example, Elon musk Is interested in btc. Tesla or SpaceX may own some but we dont know.

Probably no lies in that, some companies can still hold Bitcoin and decide not to make it open to the public. Elon Musk has always shown some interest in cryptocurrency and some point people suspected him as Satoshi or his contribution to bitcoin developments by being part of Satoshi's team; from these, we may conclude like definitely he must be holding some big amount bitcoins personally.

[Febo]

Had anyone asked yourself why they suddenly a of them starting announcing they bought them? Why they dont keep the old strategy buying a share and stay quiet. I never heard them talk they bought a Tesla share. But I am sure they have them.  To me it looks totally like a pump and dump situation. Whales are accumulating when price is cheap. And at the moment price start rising so they cant buy cheap anymore. But anyway their bags are quiet full already, they start shilling that coin so it pumps and then dumping start. Similar happened in first half of 2019.

What you saying is illegal for them.
Companies are not like bunch of guys who smoke joints and degen trade like that all day.

It is illegal for anyone. But did that ever prevent bankers doing illegal stuff? It did not, since they will pay few $100 penalty. And at same time earn few billion USD. No banker ever went in jail. In 100 years. Nothing will change in the future.

[dimonstration]

Its good to see many companies holding bitcoin, but as a small time bitcoin hodler there’s a risk for us because anytime they can dump their bitcoin and that can suffer the whole market which can leave many people broke.

Anyway, Grayscale is a great company I just hope that they don’t dump their holdings easily and wait for the peak of bitcoin again, investors loves bitcoin now this is one of the main option now in the market.

Many adopts bitcoin during this Pandemic and knowing that many companies now holds BTC and are trading with BTC other than stocks is  more risky since we need to be monitor more our small amount of BTC to not be left out whenever these companies started to dum their coins, maybe not now but soon they will sure to sell it and return to stock or other investment once they already gained too much in crypto. As long as we were able to monitor and be updated we will not lose here in Bitcoin even they hold more and more BTC in the future.

[Janation]

Never thought that companies actually hold Bitcoin.

This could mean good and bad news. Good news because as I said, I never thought that they do that. Bitcoins have been labeled as a scam by a lot of people and I think that people might've ended up just holding them, not a company. Still, since thats a thing, others might do the same. The bad news though is that since companies are holding them, if they will be dumping those, that could end up a big dump. For sure it would just go back up but still..

[MCobian]

It's always interesting to discuss Bitcoin holders, let alone the number of companies that hold Bitcoin about 2.87% of the total Bitcoin supply.
This is very exciting news, because this will make the Bitcoin price go up even more. But there is also a big risk if one company decides to sell
Bitcoin, and the other company follows. You can imagine there will be a deep decline in the price of Bitcoin. Hopefully my fears don't happen,
and there will be an increasing number of companies buying and holding Bitcoin.

[slapper]

600000 bitcoin is a significantly high number. We only have around 18-million coins while more than half of them are inactive or potentially lost. There are not much bitcoin left in on the Internet. Having such this number of bitcoin can easily manipulate the price of bitcoin in a short time. However, this is a concern because I believe they will not sell a huge amount of bitcoin expeditiously without having no announcement or plan. And those bitcoin might not all belong to oneself. Many people have their shares on the company so decision will be made among many investors

Quite a nice information you have given to us. Actually, I have never heard about Grayscale or one company on the list above. This surely raises my awareness of publicly traded companies. They are really big whales on the decentralized market

[jaysabi]

There are probably more companies owing bitcoin and we dont know. For example, Elon musk Is interested in btc. Tesla or SpaceX may own some but we dont know.

Probably no lies in that, some companies can still hold Bitcoin and decide not to make it open to the public. Elon Musk has always shown some interest in cryptocurrency and some point people suspected him as Satoshi or his contribution to bitcoin developments by being part of Satoshi's team; from these, we may conclude like definitely he must be holding some big amount bitcoins personally.

I'd highly doubt it Tesla or SpaceX are. Tesla is a public company and one that has had liquidity concerns until very recently. Further, it's a very capital intensive business, and they're scaling constantly. There is just no extra cash to be putting in to bitcoin. Because of the liquidity concerns and the need to scale, any bitcoin holdings would be considered a material fact that would need to be disclosed to investors, so it's almost impossible for them to have any bitcoin on the down low.  SpaceX is a private company in an even more capital-intensive business. There's no way the company is investing in bitcoin. It cannot afford to lock up any capital in such a risky asset. Musk personally could be another matter, but he's such an attention whore that if he was you'd likely know about it.

[Salauddin1994]

Holding bitcoin in companies it is a much better idea to increase the price of bitcoin and increase the value of companies only for those who understand the risks bitcoin has no value in earnings or underlying assets its price increase is driven by demand alone and it shows signs of a frenzy. Conversely when the price of a stock increases even compared to an estimated money stock the move is usually based on the expectation of an increase in earnings or earnings.

[laredo7mm]

https://twitter.com/Coin98Analytics/status/1315853890424717312

We heard about Square investing in Bitcoin and I am sure many of you know about Grayscale but let's look at other publicly traded companies who purchased Bitcoin.
Total value for all of them is over $6 billion or around 600,000 BTC, but I am sure there are many more who not so famous or they purchased it with some 3rd party firms.
13 companies are holding around 2.85% of the total supply of Bitcoin.
Let's compare all of them:

449,596 Grayscale
  69,730 CoinShares
  38,250 MicroStrategy
  16,551 Galaxy digital
    8,195 3iQ
    5,215 BTCe
    4,709 Square
    2,954 HUT8
    1,239 Voyager
    1,053 Riot
       215 digital
       204 cypher punk holdings
       126 argo
 
More detailed report on Bitcoin Treasuries website:

https://bitcointreasuries.org/

Some say that Grayscale doesn't own any Bitcoin but that is for debate because they are Investment Trust, and their clients are buyers who own bitcoins.

Those are some long term investment of those major company. I think there are many other companies that are not on the list but hold a good portion of Bitcoin. Is it possible to identify that bitcoin that is not possible to move or lost forever? Some private key lost or device lost. We saw this type of case in the news. Is that possible to do that?

[chip1994]

Those companies you mentioned are good companies for investment just that they have grad pass each in cryptocurrencies. Grayscale company is a good company that many investors is talking about. Many people that invest with this company are just smiling because of the good profit that is waiting for them.
I think more investors will now be rushing most of those new project that is showing sign of a good project.

I dont think many hedge funds will target potential projects in the future because they are just wanting their assets to avoid inflation in the coming years.
Financial investment funds are different from technology investment funds, so after Bitcoin halving they only focus on the value of Bitcoin. As you can see, Bitcoin Dominance is up nearly 8% over the last few days from October.
This growth signal shows that Bitcoin's inflation prevention function is real and it is being applied in major financial funds. In addition, we still don't see what they announce about other investments in the crypto market

[barbara44]

This HODL of a thing, how good is it for Bitcoin? Wouldn’t it be having the same effect just as savings would do to fiat when there are huge amount of money removed from circulation and just placed to rest in a savings account?

This HODL might be really good for Bitcoin, and the worst part of it all is that Bitcoin is limited to about 21 million and these companies are already holding up millions and before you know it more of them will still come in and start holding more Bitcoin which will reduce liquidity. People really needs to stop HODL’ing too much and let it circulate.

[carter34]

But I'm afraid that it will be the start of centralizing ( slightly ) the bitcoin. From any moment, if every government turns their back with cryptocurrencies these companies will be force to sell it all out leaving the whole market in awe.

After you said this sentence, I wanted to see your explanation about bitcoin becoming centralized. The codification of bitcoin is decentralized that you can't change it to centralized. Whether companies or whales begin to dump because of no demand or not, it remains same the way it is.

[Untomabur]

I imagine if there are many Bitcoin holding companies I think it is very dangerous, because price manipulation might happen easily,
to be honest I think this, I prefer if Bitcoin is held in the staking feature,
if Bitcoin has a feature like this it will be even more very nice.

[solomine]

No... Due to volatility, we can lose a lot of money.
I'd prefer to have reserved in the stablecoins. In any moment it can be changed to bitcoin and back. More save way to earn money than just keep it in BTC. In USDT or EURG

[FanEagle]

Companies do not get involved in crypto like a regular person, they get involved because they want to go long on bitcoin because they go into anything with long term ambitions and they want to stay in it for the long term if it is gold, stocks, cash or bitcoin. It means we are talking about over a billion dollars worth of bitcoin was bought this year for long term holding and that of course happened to help the price of bitcoin as well.

That is how the world works and that is how profits are made, when they are in billions (or let's just say hundreds of millions) they do not have the urgency or scare that we have when there is small movements and dips, which they just go in even further when that happens to lower their DCA and make even more profit in the long term.

[lixer]

I imagine if there are many Bitcoin holding companies I think it is very dangerous, because price manipulation might happen easily,
to be honest I think this, I prefer if Bitcoin is held in the staking feature,
if Bitcoin has a feature like this it will be even more very nice.

You have a valid point but the market in crypto is so big that one needs colossal amount of capital to do that and it sounds implausible for that to ever happen. Yeah maybe 10 big companies can collaborate together and shale the market but they still cannot cause much distress to the market. Someone might have tried this in March but see how the price recovers so fast.

I'd prefer to have reserved in the stablecoins. In any moment it can be changed to bitcoin and back. More save way to earn money than just keep it in BTC. In USDT or EURG

It is the perception you have but the truth is that the price has only increased overall and volatility doesn't only mean that you can lose but it also means that you can double your money within a night and actually there are less people in Bitcoin market who invested and regretted as compared to people who divested and regretted so it tells you the story that having big reserves is actually more profitable.