Public companies That own Bitcoin

[skybot13x]

That's an interesting overview, but I am a bit surprised by the numbers. I would have expected a company like Coinbase to own way more Bitcoin than what is said in those graphics. Does anyone know in how far those graphics are verified? Are those numbers from any published balance sheets of those companies? I guess in the case of Coinbase the answer might be that they hold a ton of other cryptocurrencies as well like ETH, BNB, XMR, etc.

[ilovealtcoins]

With the rapid development of cryptocurrencies, big companies are not going to give up on this piece of cake. The cryptocurrency market is so new and an attractive place to make a profit. I believe that in a few years cryptocurrency will be really popular around the world. It's an inevitable trend and it's happening fast.

[oktana]

As the list grows, our worries will grow as well. What started with Square and Microstrategy, is now a strong list of 37 companies owning a huge amounts of bitcoins. I am afraid that this trend will continue and more companies will join the crypto bandwagon in future...

In my humble opinion, you may be mistaken. We should be afraid if we had only 1 company pump in their funds in Bitcoin because when they make a bad announcement (like Tesla), things will go wrong. On the other hand, if they are many, the bad news from a few won't really affect the market because other companies are still firmly holding. By many companies holding Bitcoin, it makes it fair so it doesn't really rest on one company. At least we know that a hundred companies won't come out of the dark and insist on selling that bitcoins.

[dothebeats]

That's a tough list. The number 1 spot is kinda scary considering that they are slowly amassing more and more bitcoins. More bitcoins in the hands of these few companies = more chances that they control the market at their own will. While it's highly unlikely that they will band together and form a coalition of some sort to control the prices and supply, there is still that looming threat that already exists. It's good that huge companies are now recognizing bitcoin's potential, but over time, it will be detrimental as only a few entities will hold large sums of bitcoin.

[maxreish]

Amazing heads up. Those public companies are started to adopt new technologies and new way of accepting digital payments. Great to see those different business that already part of this growing technology. Upgrading their company with this kind of payments and innovations makes their business grow and develop more.

[Pierre Gerson]

We can't really judge the authenticity of these data, but the fact is that most companies already use Bitcoin as one of their assets.

What I can do is to judge whether Bitcoin is worth buying based on this fact.

Obviously, he is worth it. Buy and own them

[Ararbermas]

In the future there will be more companies will be added for sure because bitcoin adoption really increase every year so it's not surprising anymore if someday bitcoin become more inconvenient ways when it comes paying some bills and any stuff in public than other digital currency even in other countries .. Indeed companies starting to adopt this kind of stuff  when their country decide as well to grab bitcoin.. So expect that soon Ukraine will added some companies as well if they started to adopt bitcoin..

[ethereumhunter]

That can attract more big companies to invest in bitcoin sooner or later, driving people to follow them. Bitcoin will get more popular because this year, bitcoin seems to attract attention from those companies and make them spend big money buying bitcoin at a low price. It really helps bitcoin to be adopted in many places and I think the other countries will also follow to use bitcoin. Many things happen in the crypto world, including the good and the bad news. It will attract more people to follow the early adopter to buy bitcoin.

[Slow death]

I keep asking myself:

they are buying just to make hodl for how long?

and how can this be a good thing?

if at least we were talking about companies that are using bitcoin to make payments for things it would be a good thing, but they are doing hodl and one day they will sell, basically they are whales

[verita1]

If these companies one day sell their bitcoin, I don't think it will be too soon. They intend to save their patrimony from the devaluation of the US dollar and inflation.
On the other hand, this analysis has a positive effect by informing on social networks how much bitcoin the public companies have.

The result is to promote bitcoin as a change in which we are all involved when buying bitcoin because we inspire trust and encourage people to invest as well.
The spread about bitcoin must be everywhere. For example, in this tweet from Binance in Spanish it says:

Have you been paid for a job at #bitcoin?

https://twitter.com/Binance_Spanish/status/1420141985176997896?s=19

As always the comments were not long in coming, I recommended bitcointalk.

[ven7net]

I believe that it is important for the public and the entire crypto community to know information about the companies that bought and continue to buy BTC. This information to some extent shows that BTC is becoming more and more attractive to large companies, which means that the process of adopting BTC continues and shows success. It is also very good that information platforms are emerging that share information about such companies with us.

[nurilham]

Regardless if it's missing something, the fact is that bitcoin is being viewed as a hedge and companies are putting in their balance sheet, it is already a good news for us.

Indeed, it is good news. But still curious about missing Binance on the list, while I read Coinbase above.
But seeing more and more companies take a part in Bitcoin investment, is absolutely amazing. This indicates that even the owners of big companies are confident with the future of Bitcoin. They are no longer afraid to put their money in Bitcoin as future assets.

bitcoin is now one of the best assets, and could be in the top three, together with gold or oil. And for more in the next 5-10 years, this list could grow.

Definitely, the list will grow and show us more big companies to join. I expect that Amazon, Facebook, Mastercard, or even Google to join Bitcoin investment as well. If those companies really buy Bitcoin, then we will see the Bitcoin value growing probably above $100k.

Read: https://www.thestreet.com/crypto/bitcoin/what-big-company-will-buy-bitcoin-next

[skybot13x]

Regardless if it's missing something, the fact is that bitcoin is being viewed as a hedge and companies are putting in their balance sheet, it is already a good news for us.

Indeed, it is good news. But still curious about missing Binance on the list, while I read Coinbase above.
But seeing more and more companies take a part in Bitcoin investment, is absolutely amazing. This indicates that even the owners of big companies are confident with the future of Bitcoin. They are no longer afraid to put their money in Bitcoin as future assets.

bitcoin is now one of the best assets, and could be in the top three, together with gold or oil. And for more in the next 5-10 years, this list could grow.

Definitely, the list will grow and show us more big companies to join. I expect that Amazon, Facebook, Mastercard, or even Google to join Bitcoin investment as well. If those companies really buy Bitcoin, then we will see the Bitcoin value growing probably above $100k.

Read: https://www.thestreet.com/crypto/bitcoin/what-big-company-will-buy-bitcoin-next

I really can't believe that list to be correct. I would expect an exchange like Binance to own possibly close to 100,000 Bitcoin or even more. Just do the calculation what they collect in fees on a daily basis and multiply it with a reasonable average factor for the time they are around. That is just insane. I once thought that the 5 biggest exchanges in the world are probably controlling most of the Bitcoin supply and can hence manipulate the market close to perfectly. Do they really convert all the fees they collect straight into fiat? I don't believe that.

Oh, and where is Craig Steven Wright on that list? He must be pissed seeing that!