Some Company are holding more than 10000 Bitcoin

[aioc]

It could actually be quite damaging to Bitcoin in the long run as more of it consolidates into the ownership of just a few companies/people. They will essentially be able to sway the market whenever they feel like it and also make it much harder to people to acquire a whole Bitcoin, somewhat removing the allure of it for the average person. We might be moving into an age where Bitcoin is more of a novelty item to show off between the super rich, rather than a usable currency unit with many outlets accepting it.

There's a possibility that is going to happen many institutions are buying now, PayPal started the trend late this year and they have integrated this to their platform, we cannot stop this, it's an open market they can buy as many Bitcoin as they want, small investors cannot compete with big companies, there's a possibility that this could happen with a ten year period if this continues.

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[GeorgeJohn]

Its even encouraging for them to hold  bitcoin especially quantum's of  bitcoin because is like since them come into cryptocurrency that's the reason while bitcoin is increasing in price, and for them to hold it ,let it not be that they have interior motive so far that bitcoin will be under their care, because companies don't really get lost in anything concerning business, and it's not surprise that many companies will come after bitcoin, weather by investing or using it for payment of workers or by importation of raw materials because is very obvious that no one want to do without cryptocurrency especially bitcoin in society currently, and if all these companies hold bitcoin long period it will be very difficult to purchase bitcoin and selling of btc will be under their custody which is total wrong.

[South Park]

It could actually be quite damaging to Bitcoin in the long run as more of it consolidates into the ownership of just a few companies/people. They will essentially be able to sway the market whenever they feel like it and also make it much harder to people to acquire a whole Bitcoin, somewhat removing the allure of it for the average person. We might be moving into an age where Bitcoin is more of a novelty item to show off between the super rich, rather than a usable currency unit with many outlets accepting it.

There's a possibility that is going to happen many institutions are buying now, PayPal started the trend late this year and they have integrated this to their platform, we cannot stop this, it's an open market they can buy as many Bitcoin as they want, small investors cannot compete with big companies, there's a possibility that this could happen with a ten year period if this continues.

I also think there is nothing that will stop this tendency now, as soon as one company was brave enough to take the risk and buy huge amounts of bitcoin the rest of the companies around the world are going to see that the longer they wait the more they will have to pay for each bitcoin, but while this seems like a good thing it is also scary, can you imagine a FOMO caused not by individual investors but by companies with incredibly deep pockets?

[The Sceptical Chymist]

Man, I was wondering what would happen to the stock of some of these companies (the ones that are public) if bitcoin had a correction or, heaven forbid, crashed.

If I'm not mistaken, bitcoin dropped a few thousand USD in the past day or so, yet the 6-month chart for MicroStrategy is looking pretty damn good:


And Square has also not done so badly, either.  I forget how much BTC they hold, but they're on my watchlist of bitcoin-related companies:


Then again, it's only been a day or two.  If bitcoin continued to decline I would think these stocks might be in a wee bit of trouble--especially MSTR's.  I just watched a Youtube vid with the CEO, and it's amazing how bullish he is on bitcoin.

[angrynerd88]

This is often not outlandish to happen as increasingly companies are beginning hold Bitcoin, the supplies are getting rare. The cost of Bitcoin had climbed up a few companies fair a couple of months prior begun amassing Bitcoin since they are beginning to see its potential long-term.May it will begin to ended up a storing amusement, as more companies are beginning to purchase bulks of Bitcoin for long-term purposes.

[Sithara007]

Man, I was wondering what would happen to the stock of some of these companies (the ones that are public) if bitcoin had a correction or, heaven forbid, crashed.

If I'm not mistaken, bitcoin dropped a few thousand USD in the past day or so, yet the 6-month chart for MicroStrategy is looking pretty damn good

That is, if there was a correction. The last time I checked, Bitcoin prices were back to $36,000 per coin (24 hours back, it was trading at $31,000). Look at the pace at which the prices have recovered. It can't get any more clear than this. There will be no correction for the next few weeks at least. Demand is outstripping the supply by a large margin and even if some whale dumps a large amount of BTC, the prices will recover in a day or two.

[fahmimajannat]

Actually they are playing a vital roll in this bull market. They are holding coins. The price is rising gradually.
If they hold more price will go up. If they hold more price will never Decrease maybe.
They are holding billions dollars.

[ChrisPop]

Pretty mindblowing to watch a currency rise from its infancy until this point, isn't it? I believe this is only the beginning. Think about it... Apple, Google, Berkshire and all the other blue chips out there haven't acquired any BTC on their balance sheet yet. They are staying on huge piles of cash so you can imagine that once they start stacking, we won't see 5 figures anymore. 

[Lanatsa]

Actually they are playing a vital roll in this bull market. They are holding coins. The price is rising gradually.
If they hold more price will go up. If they hold more price will never Decrease maybe.
They are holding billions dollars.

Yes if they will continue to hold coins then the supply will be less and the demand will get higher so technically price will go higher too, but if they will sell all their coins and begin to drop all of it, expect that market will crash as well, whales can manipulate the market it will be very hard to predict when they will release all of their coins, and this initiative actually motivates other people and companies to adapt bitcoin and to buy more of it.

It does have pros and cons when these companies will really be neither holding off or selling their coins that they had bought and of course these might be really longing for profit making,
not sure about long term prospect yet we know that companies are really aiming for revenue or profits so I will really be taking that side.

Its good to see that there are lots already of companies that do held of lots of coins into their stashes which does signify that adoption is indeed on the move and recognition
level is really showing off improvement compared to those past years.

Thing here is that you do know on how to play with the price no matter wether its dumping or rallying up.

[AndySt]

Actually they are playing a vital roll in this bull market. They are holding coins. The price is rising gradually.
If they hold more price will go up. If they hold more price will never Decrease maybe.
They are holding billions dollars.

Yes if they will continue to hold coins then the supply will be less and the demand will get higher so technically price will go higher too, but if they will sell all their coins and begin to drop all of it, expect that market will crash as well, whales can manipulate the market it will be very hard to predict when they will release all of their coins, and this initiative actually motivates other people and companies to adapt bitcoin and to buy more of it.

There is no great use of billions lying dead weight. So far, there is no strong reason for whales to dump coins, because in the long run, it can also hit their well-being. The question at what levels made the purchase of bitcoins, because usually such companies are not for charity but for profit and in excess of a certain level should always expect some correction, because the asset holders should take profits by selling some asset.

[sapnu]

So many companies recognized bitcoin a long time ago, they knew that it was a good investment and to make their money grow. Until now, there are still lots of companies that are now recognizing bitcoin as a good investment, that will make the market good, there are so many investors and volume that are circulating. I can say that every company that invests has a great impact on the price of bitcoin itself. And as time passes by, the knowledge and the use of bitcoin is spreading all around the globe.

[South Park]

Actually they are playing a vital roll in this bull market. They are holding coins. The price is rising gradually.
If they hold more price will go up. If they hold more price will never Decrease maybe.
They are holding billions dollars.

We will have to wait and see, institutional investors are finally coming to the market but right now their numbers are small, if enough selling pressure accumulates and the CEOs of those companies begin to get pressured by their stock holders to sell their bitcoin holdings before they begin to lose money you can be sure they will sell and crash the price in the process, unlike most of us those companies are not going to hold their bitcoin out a belief in the ideals of bitcoin, they are doing it to earn money and as soon as they think they cannot do that anymore they will sell.

[avarnet]

Could it be that bitcoin holders have an agreement not to sell within a certain time? I sometimes have the thought that since the futures trading made the bookies hold bitcoin to make traders become rectifiers. regardless, technically bitcoin has increased. With the ownership of 10,000 Bitcoin it has been able to make the market shaky and manipulate the market

[iv4n]

Many large companies are holding extremely large amounts of cryptocurrencies, especially bitcoin.  But the major financial institutions are still limited, most of the list above are crypto exchanges and funds.

In 2021 the list could just continue to grow of some companies would buy it for the first time as other have started to purchase it and would like to take advantage of it. Though not many would have that 10k and above but will have many companies such companies who would have 100's of quantity and keep increasing the count as and when markets dips.

I think you are right Reliable, but what we can't forget is that many individuals have +10k BTC too. Future is going to be interesting, crypto will reshape and change the economy we know, and with those changes I think we can expect changes on other fields too!
As always, the ones who get in first will have more benefits in the future! The first headlines about big companies buying bitcoin I saw in February I think, so some companies can book a nice profit already! Some of them got in late, they will have to wait for profit! By this we can see what 1 year (and less) can mean in crypto, a big difference!

[South Park]

Could it be that bitcoin holders have an agreement not to sell within a certain time? I sometimes have the thought that since the futures trading made the bookies hold bitcoin to make traders become rectifiers. regardless, technically bitcoin has increased. With the ownership of 10,000 Bitcoin it has been able to make the market shaky and manipulate the market

That would be technically illegal however it is entirely possible that it happens because as we know this market is largely unregulated however I doubt that it is common, because not every single large holder is going to have the very same goals, some see bitcoin just as another investment and they may want to sell it as soon as they see significant profits, but there are other long term holders that have no intention of selling ever and that what they are waiting for is for major adoption to be so widespread that they can use their bitcoin without selling it.

[MishaSER]

So many companies recognized bitcoin a long time ago, they knew that it was a good investment and to make their money grow. Until now, there are still lots of companies that are now recognizing bitcoin as a good investment, that will make the market good, there are so many investors and volume that are circulating. I can say that every company that invests has a great impact on the price of bitcoin itself. And as time passes by, the knowledge and the use of bitcoin is spreading all around the globe.

Yes, it is good that many companies admit, but I am afraid that in the future such companies will buy up all bitcoins and become monopolists, which is very bad, because bitcoin is a cryptocurrency for the people.

[molsewid]

Yes, it is good that many companies admit, but I am afraid that in the future such companies will buy up all bitcoins and become monopolists, which is very bad, because bitcoin is a cryptocurrency for the people.

I agree, and too much hoarding of bitcoin can somehow make the price increase but later on when the supply is overflowing the value of it might be lessen as time passes by, it is needed to be circulated no matter what so the flow will continue and the volume cannot be affected at all. It is pretty good that more and more companies using and buying bitcoin but I hope they will not dump it as easy as they can, I'm sure they won't do that but they are become the whales in this market.

[samputin]

World top some company Holding 10000+ Bitcoin

I'm sure that's companies is the reason why the bitcoin is pumping in last few months. It is good for us that some companies or countries investing their money in crypto currency but it has negative effect. If they sell those bitcoin the price will fall again and need to wait another company to invest. Maybe it is good for companies who hold lot of bitcoin but the effect on small investor is not good. For the reason that their bitcoin need to wait the high value for exchange.

[JoKleinTopper]

it's their pursuit of bitcoin or other coins that pushes the price, think about why these companies are so obsessive with these cryptocoins? obviously they are promising. Not only companies, but governments are holding bitcoins as well and some put a lot of strength in mining bitcoins. I believe in bitcoin and I won't sell mine. HODL

[ken sue]

I have a question. Will the company control the price of Bitcoin if it holds more Bitcoin? Will it affect individual investors?