Some Company are holding more than 10000 Bitcoin

[imstillthebest]

the greater the trust of a well-known company in bitcoin, the more likely it is that the price will continue to increase because in my opinion other companies will come in to secure their investment into bitcoin.
but there are concerns that the company could manipulate bitcoin prices.

theres no people behind btc that can sabotage btc by pulling the switch .

satoshi nakamoto is missing and if he isnt , i think he wont do silly things to his btc . its the big btc owners that makes an impact with the price , they need to care with their action if they dont want to loose the money that they invest in btc .

why will they manipulate btc when in the first place they invest to secure funds ? manipulation can cause panic and can affect the price  negatively .

[Princejebs]

I had no idea about Grayscale holding a substantial huge amount of coins and they can control the market price with ease with the amount of coins they are holding. The Tezos foundation is the company that owns Tezos i assume and block one is the company that owns EOS if i am not mistaken, but what i did not understand is MT GOX kk, i thought they liquidated all the coins.

At some point in the future, those bitcoin will become liquid, they are institutional investors and hence they will definitely need their capital and profits when it's necessary. Thank goodness, bitcoin network is transparent and pseudonym in nature as all transactions can be trace from wallet to wallet.
As soon as institutions start moving their bags, this market wouldn't be funny.

[Rengga Jati]

Isn't this actually good when they are holding more Bitcoin? Maybe it could be if they prepared it for the future, who knows how many years. because I believe that they are not the type of short term investment player. The more companies that are aware of Bitcoin and invest it in BTC, the better. The more demand is needed, the more Bitcoin price itself will be.
the fear is, maybe one day they are exposed to FUD and finally release the BTC at a low price which we don't want? of course, they will have quite an impact on the crypto market.

[aesma]

Princejebs : not necessarily. You could hold your BTC forever and borrow fiat against it. In fact you can already do that with Defi, but it's also a service available to rich people against their stock portfolio, real estate or gold stash, BTC is just the latest asset allowing them to do that.

[ene1980]

Next companies to look into buying bitcoins during bloodbath makes sense. In fact, I have become stronger than before to buy bitcoin in bloodbath.

The best time to invest in any potential asset is during the blood bath and bitcoin gave everyone the opportunity during the last correction and if purchased during that time then you could have made a healthy profit unlike any other market and still looking strong.

Many companies invested in bitcoin in the past one year knowing that the halving could take the market to new levels and now i am amazed to see how the market was able to break all the resistance with ease without any correction.

[South Park]

Let them hold as much as they want... Less bitcoin in circulation means higher prices... Also, i'm not sure if an exchange actually legally "owns" the coins in their hot and cold wallets... I guess legally they belong to their clients, eventough the exchange has complete controll over them them

This was what I was thinking as well, even if the exchanges do not own those coins they are probably holding larger amounts than what it is shown in the graphic given by the OP, I find it interesting that allegedly satoshi holds one million bitcoins and yet now we are seeing some companies begin to rival that amount and doing so by buying at decent prices, at this point it seems that unless they sell a great deal of those coins we are looking at some of those that will become some of the richest companies and individuals around the world in the near future.

[error08]

Princejebs : not necessarily. You could hold your BTC forever and borrow fiat against it. In fact you can already do that with Defi, but it's also a service available to rich people against their stock portfolio, real estate or gold stash, BTC is just the latest asset allowing them to do that.

well I really agree with what you said and until now many have benefited from the increase in the price of bitcoin which touched the price of $30800 which has become the most expensive price in 2021, hopefully bitcoin can increase the price again so that it can make many people get more profit many including holders who have more than 10000 bitcoins.

yes, they can do that, some might have been doing it to increase their portfolio, hence the price continues to increase.
They have realized that bitcoin is one of the best-developed assets during the pandemic, the more institutions investing in bitcoin the better, it's just how long do they plan to hold bitcoin? At some point, they have to sell bitcoin to cover their loans and take profits for investors, when the time comes, the price will be affected. Hopefully, they don't sell bitcoin at the same time.

[Sithara007]

Yesterday I was having a discussion with one of my friends, regarding the rush from mainstream investors in to the Bitcoin sector. He was concerned that when the prices go down in the future, these companies are likely to dump their holdings. I disagreed with his opinion. Most of these companies have made their investment for the long term, and they can wait for as much as 5-6 years to get a good ROI. And by now most of us know about the 4-year cycle of pump-and-dump that happens with BTC.

[TheUltraElite]

This is good because the more bitcoins they tend to hold, the higher price will be. But they can manipulate the market price too if they want through selling their bitcoin and see the bitcoin price suddenly dumps. But for now, selling their bitcoin might be far from reality seeing the market price continues to surge.

They are held by fund managers for companies, whose job is to show green across the board when the investors demand it. Hence even if a big company holds bitcoin, they are contributing more to the "weak hands" group of people who sell right when a bear market starts and dont buy till it gets over. Hence more chances that they will end up bleeding the price out when support is actually needed.

Not saying that institutional money is bad, some have hedge fund managers who actually do their job instead of inflating stock prices of their companies but even then for them it is just another asset class that have entered their client's portfolio.

[btc_angela]

Yesterday I was having a discussion with one of my friends, regarding the rush from mainstream investors in to the Bitcoin sector. He was concerned that when the prices go down in the future, these companies are likely to dump their holdings. I disagreed with his opinion. Most of these companies have made their investment for the long term, and they can wait for as much as 5-6 years to get a good ROI. And by now most of us know about the 4-year cycle of pump-and-dump that happens with BTC.

Just to add as well, these companies are not using bitcoin as an speculative asset, just because it will reach a new all time high, they will simply liquidate. Yes, they are here for long term, I will say minimum of 5-10 years, and see how their asset grew. If it is very positive and giving them huge profit while protecting their asset then obviously, they will continue their success formula and even invest more on bitcoin. So the 4 year cycle of bubble and burst might not be applicable in this scenario.

[Freeesta]

Finally, large companies began to pay attention to cryptocurrency. Every year more and more companies start to implement cryptocurrency into their payment system, now you can even buy goods in some stores for cryptocurrency. This means only one thing - cryptocurrency is gradually becoming a popular means of payment.

[Spaffin]

Just to add as well, these companies are not using bitcoin as an speculative asset, just because it will reach a new all time high, they will simply liquidate. Yes, they are here for long term, I will say minimum of 5-10 years, and see how their asset grew. If it is very positive and giving them huge profit while protecting their asset then obviously, they will continue their success formula and even invest more on bitcoin. So the 4 year cycle of bubble and burst might not be applicable in this scenario.

I agree to a certain limit, but you are ignoring other risk factors. Look at what happened to XRP. It has lost almost 90% of its value in a few weeks, just because SEC has decided to treat it as an equity. What will happen, if something similar occurs with Bitcoin? Do you really think that these investment firms will continue to hold Bitcoin, if the SEC advise them against doing so?

Of course, this is a big risk when the cryptocurrency market can suffer from the fact that large companies want to make money by selling their cryptocurrency capital. But I believe that large companies should, on the contrary, protect their capital, and not harm it. For them, it is better to keep their capital in bitcoin, which is much more valuable than a dollar, because the only thing the big whale will achieve by selling his bitcoins is a large pile of unnecessary dollar bills.

[Imran232]

World top some company Holding 10000+ Bitcoin

How can a company holding 500k + bitcoin?  According to coinmarketcap data analysis there are only 1 address who is holding the highest amount of bitcoin which is 141k bitcoin. Then in your graph how can it shows the highest bitcoin holder is 500k + bitcoin holder. Can you please verify it. Because i saw it in coinmarketcap. I do not think soo that coinmarketcap provide any fake information. Now i am seriously little bit confused. If anyone can clarify it please quota my reply and send a private message is this the correct information.  Because in coinmarketcap information the write only 1 address has hold the highest amount between 100k to 1000k and that is 141k then how 500k holder comes.

[7788bitcoin]

~
At some point in the future, those bitcoin will become liquid, they are institutional investors and hence they will definitely need their capital and profits when it's necessary. Thank goodness, bitcoin network is transparent and pseudonym in nature as all transactions can be trace from wallet to wallet.
As soon as institutions start moving their bags, this market wouldn't be funny.

That is the hard reality of this rally, you can speculate any valuation you want and when that happens on back on institutional investors investing heavily in an unregulated market and majority of them knew it as the best opportunity to make a huge profit when the rest of the markets are in a state of flux with the pandemic and when they plan to book their profits, the blood bath would be huge.

I think in the next year, many companies and institutions will adopt bitcoin, and many people will also join in bitcoin. They do not want to miss the chance to have a new investment type and a way to make money. Bitcoin price itself will still increase until reaching the next high peak, and we can wait for more and prepare our bitcoin to sell at that high price.

It is hard to expect casual investors planning to invest in bitcoin when the price is rallying in uncharted price rage as a correction from this stage would be devastating even though the market will recover eventually you cannot expect the time frame.

[South Park]

Yesterday I was having a discussion with one of my friends, regarding the rush from mainstream investors in to the Bitcoin sector. He was concerned that when the prices go down in the future, these companies are likely to dump their holdings. I disagreed with his opinion. Most of these companies have made their investment for the long term, and they can wait for as much as 5-6 years to get a good ROI. And by now most of us know about the 4-year cycle of pump-and-dump that happens with BTC.

Not only that I really think those companies and many other institutional investors have been buying bitcoins in the market without telling anyone for years so they got incredible prices for their coins, so even if the price of bitcoin were to go down significantly I still think they will breakeven for the most part which means those companies and investment firms will not be at risk even if they decided to keep holding their coins during such scenario.

[The Sceptical Chymist]

Finally, large companies began to pay attention to cryptocurrency. Every year more and more companies start to implement cryptocurrency into their payment system, now you can even buy goods in some stores for cryptocurrency. This means only one thing - cryptocurrency is gradually becoming a popular means of payment.

Those big corporations that have been buying huge amounts of bitcoin are not the same ones that are accepting bitcoin for their goods and services--those are two completely separate things, I think, even if both are very bullish for bitcoin in general.

How can a company holding 500k + bitcoin?

That amount of bitcoin could be held in multiple wallets, you know--and in fact if a company (or an individual whale) had that amount, it would be a smart thing to do not to hold it all in one wallet.  Having said that I don't know if any company actually does own that much.  I'm thinking that might not be a very smart thing to do, because 500k+ would be extremely hard to sell without crashing the entire market if it came to that, not to mention the huge risk they'd be taking by owning such a high percentage of outstanding bitcoin. 

[Smartprofit]

this seems to be the new standard of 2020 and more companies seems focused in this activity!
what a change after all these years!
You can have a live outlook https://bitcointreasuries.org/  here of all companies that actually have bought some bitcoin.
(around 4% of total supply!)

Given the negative rates on bank deposits, it's no surprise that investment companies are starting to buy bitcoins...

Bitcoin ownership is status ownership.  

The Bitcoin blockchain is transparent.  Anyone can see how many bitcoins are in the addresses you control.  

In the future, it will be very prestigious for organizations to own their own Bitcoins.  After all, there are very few bitcoins!  There are 202 countries and about 2,000 large companies in the world.  Each of these entities may want to have the first cryptocurrency in their reserves. It's a matter of prestige.  

Bitcoin ownership is the most compelling proof of your wealth and ability to pay.

[BuNga_cute]

Bitcoin can go up so far it is clear that individuals cannot do it, so I am not surprised by all the statistics showing some big companies holding
more than 10,000 BTC. Therefore it is very dangerous if the company continues to buy Bitcoin in large quantities, the risk is that if the company
does take profit there will be a very deep dump. So be careful in investing in Bitcoin if we know that there are indeed many companies that buy
Bitcoin in large quantities. Always invest money that we can afford to lose and use stop-losses, that will make investing in Bitcoin much safer.

[The Sceptical Chymist]

I just found an interesting Youtube video from yesterday, with Coindesk's Michael Casey talking about bitcoin's rise.  He doesn't think it's due to the average Joe on the street speculating on bitcoin but these so-called "whales" who are driving up the price of bitcoin--which I'd assume would include the companies mentioned in this thread.

And that makes sense to me completely.  Big money being put into bitcoin in a relatively short period of time can drive up the price quite quickly, quicker than if this was some homegrown rally of smaller investors. 

As I've said before, I'm just hoping these intrepid companies that are so bullish on bitcoin don't get burned in a bubble-type situation.  I'm assuming they've done their due diligence, but anything can happen in the world of bitcoin.

[Sithara007]

I just found an interesting Youtube video from yesterday, with Coindesk's Michael Casey talking about bitcoin's rise.  He doesn't think it's due to the average Joe on the street speculating on bitcoin but these so-called "whales" who are driving up the price of bitcoin--which I'd assume would include the companies mentioned in this thread.

And that makes sense to me completely.  Big money being put into bitcoin in a relatively short period of time can drive up the price quite quickly, quicker than if this was some homegrown rally of smaller investors. 

As I've said before, I'm just hoping these intrepid companies that are so bullish on bitcoin don't get burned in a bubble-type situation.  I'm assuming they've done their due diligence, but anything can happen in the world of bitcoin.

These companies can afford to take the risk, at least when compared to the individual investors out there. And most of these investment firms or their promoters have cryptocurrency as a small part of their overall portfolio, unlike the majority of the users here who have that proportion from 50% to 90%. Obviously there can be ups and downs when you invest in such a volatile asset. But it is a part of the game. If you don't like the volatility, then you can always go for bank deposits or treasury bonds.