Did You Know? - 32 Companies Now Hold Bitcoin

[uneng]

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.

[1715437000]

1715437000

[livingfree]

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.

[Distinctin]

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.

[Rengga Jati]

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

[Wawa2013]

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.

[mckinleeanael07]

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.

[AakZaki]

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.

[sheenshane]

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.

[livingfree]

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.