MicroStrategy positioned #1 BTC holder, Tesla still at #2nd!

[Flexystar]

This is surprising that most of the bitcoin tranche is bought by MicroStrategy amid the thing that Tesla is all showing they are the one selling their products in the form of digital payments.

I believe that this is because of Tesla CEO Elon focusing more on the DOGE payments and his so called vision of cutting down bitcoin carbon emission (still in talks). Due to this they lost most of the bitcoin last year and could be one of the reason for #2 position.

The biggest corporate bitcoin holder is the Virginia-based business intelligence software maker MicroStrategy, according to a database from the crypto analytics firm CoinGecko. The $3.6-billion company owns 121,044 bitcoin, a crypto horde roughly 2.5 times larger than its nearest contender, Tesla. MicroStrategy’s bitcoin is now worth roughly $4.4 billion—which is about 25% more than the company’s market capitalization.

If you read the linked article then you will find that most of the gaming, photo editing and companies which are software based are heavily investing in the crypto market and being the mega players of BITCOIN only.

A good read for those who love to see world wide distribution of bitcoin by companies format and sector.

Full read here

[RapTarX]

My god! I didn’t even know that Microstrategy is the #1 bitcoin holder. Saylor is really trying hard to hold as much BTC as possible. Is it only a compare of corporate holding or this include any individual as well? Who is the most BTC holder? Satoshi is supposed to be having 1 million but that's not a true fact with solid proof. So, who else?

Elon Musk is shit. I wondered why he was motivated to implement DOGE. Trying hard to manipulate as he did back in the days.

[franky1]

i think greyscale holds more bitcoin (guessing about 640,000btc)

greyscale are not custodians. because its customer are not buying bitcoin or able to remove bitcoin. they are buying company shares and trading company shares based on the companies worth (based on companies ownership of ~640,000 btc).
its not the same as a exchange that allows you to deposit and withdraw coin where the ownership of coin is deemed the customer and the exchange is just the temporary caretaker.


topic infers "biggest CORPORATE owner"

albeit, michael saylor and elon musks stashes are probably the largest stashes were a CEO treats the coins as their PERSONAL investment

[mk4]

I don't think we will see MicroStrategy being dethroned from the #1 holder in the public company category for a while. Michael Saylor is a maniac lmao.

i think greyscale holds more bitcoin (guessing about 640,000btc)

Technically, probably. But they're pretty much just custody-ing BTC though.

[Leviathan.007]

All the news about the amount of bitcoin held by any government or company can be true but also there is a possibility for other theories for example we cannot be sure if the amount of bitcoins held by MicroStrategy is not more than this because as far as we all know about Michael Saylor he is veery much serious about holding bitcoin and he believes on it so I expect to see MicroStrategy holding even more bitcoins also there can be some other companies they hold bitcoins but for some privacy reason they do not announce anything about it  which can be other theory.

[dothebeats]

i think greyscale holds more bitcoin (guessing about 640,000btc)

greyscale are not custodians. because its customer are not buying bitcoin or able to remove bitcoin. they are buying company shares and trading company shares based on the companies worth (based on companies ownership of ~640,000 btc).
its not the same as a exchange that allows you to deposit and withdraw coin where the ownership of coin is deemed the customer and the exchange is just the temporary caretaker.

Probably, since they went hard on bitcoin on 2020, and are actively making bitcoin look good in media, though they don't necessarily hold those coins for themselves.

The numbers that MicroStrategy are posting are quite good for a single company that isn't really that big when compared to other players on the list. Also, I'm quite surprised that Coinbase is so far down the list, considering that they are one of the biggest exchange in the game right now. Imagine a company that was built on the foundations of cryptocurrencies being so far down on the list of those who owns it, quite ironic I should say.

[ChrisPop]

It is no surprise that companies in the software industry are the biggest holders. They should be the first to acknowledge and understand the paradigm shift Bitcoin brings to the financial world. We no longer have to rely on governments/central banks to manage the economy. Nobody can meddle with the supply of Bitcoin and it is theoretically impossible to break the security of the blockchain.

Saylor is leading the way graciously. I'm sure much more big companies will follow suit this year.

[mk4]

It is no surprise that companies in the software industry are the biggest holders. They should be the first to acknowledge and understand the paradigm shift Bitcoin brings to the financial world. We no longer have to rely on governments/central banks to manage the economy. Nobody can meddle with the supply of Bitcoin and it is theoretically impossible to break the security of the blockchain.

Saylor is leading the way graciously. I'm sure much more big companies will follow suit this year.

It's mostly not about software per se, but more of the CEOs being highly skeptical of how the federal reserve are handling things. Software people can likely easily understand how the code works, but they're a lot more likely to miss the market/economic aspect of it.

[hatshepsut93]

If you read the linked article then you will find that most of the gaming, photo editing and companies which are software based are heavily investing in the crypto market and being the mega players of BITCOIN only.

The article says that 26 publicly-traded companies have invested in Bitcoin. This is not "most", because there are thousands of companies in the world. It's a very good start that they have started buying Bitcoin, especially the high-profile ones like Tesla, but it's not correct to say that this is a massive trend. We're still in early days of institutional adoption, which is great, because it means there's still a lot of room for the price to grow.

[titular]

Just to be clear, MicroStrategy is not the largest bitcoin holder, but the largest corporate bitcoin holder. Meaning of all corporations with bitcoin on their balance sheets, they have the largest amount.

Michael Saylor will continue to load up on bitcoin no matter the price levels. He has bought at ATH plenty of times. Tesla has to be careful how it goes about publicly investing in bitcoin. While they havent sold any, I cant see them making another public purchase any time soon.

[uneng]

From the total list of 26 companies, only 3 businesses belong to the Software sector, while 15 are exclusive from crypto industry (mining, exchange or investment firm). More than half of the institutional investors from the top 26 are actually crypto businesses. It gives an impression mainstream companies are still avoiding bitcoin on their treasuries.

It's very nice to see a strong adopter like MicroStrategy always supporting bitcoin during its hardest moments, but without competition it doesn't make much sense. Because it's competition which keeps any markets alive and thriving. That means, more companies purchasing and accumulating bitcoin at same time. Hegemony isn't good in this case...

[The Cryptovator]

There is a lot of secrets that we aren't aware of it. It's because we really can't trace them who bought a bigger amount. Anyone could accumulate without announcement or could sell as well. Isn't possible they just announce once they buy and hide during the sale? Or do they buy more and hide a part of it to sell during the pump? It doesn't matter who is the big holder. It's a matter of who adapts more. Seems Elon not adapting Bitcoin right now and concentrate to adapt Dogecoin.

[PX-Z]

It's really awe to think how saylor is determined to be in top, but it's actually way more scary to think that, well this is a business, they have a schedule when their selling time, so every future microstrategy's actions particularly for selling their bitcoin will probably plunge the bitcoin price way more deeper than we could imagine before, particularly in 2020

[batang_bitcoin]

About Tesla, did Elon or his company really dumped that much at all? From what I remember, he said that they haven't sell from that purchase they've made. But maybe he's lying, and what I read from someone is that before he dumps, he's giving a hint on it, not actually a hint or a clue but he's literally telling that he's going to dump. Just like what he did with his Tesla stocks. He publicized it before he dumped that billion worth of stock.

[aoluain]

From the link in the OP

While at least 26 publicly traded companies hold bitcoin, just one owns more
than half of all cryptocurrency on corporate balance sheets.

Can any public company catch up? it looks like Microstrategy has approximately
3 times more than Tesla.

There has been talk that because of the recent down turn Microstrategy might sell because
of potential internal pressures but I recon they will just buy more.

Saylor takes the saying "put your money where your mouth is" to a new level.

[goldkingcoiner]

This is surprising that most of the bitcoin tranche is bought by MicroStrategy amid the thing that Tesla is all showing they are the one selling their products in the form of digital payments.

I believe that this is because of Tesla CEO Elon focusing more on the DOGE payments and his so called vision of cutting down bitcoin carbon emission (still in talks). Due to this they lost most of the bitcoin last year and could be one of the reason for #2 position.

The biggest corporate bitcoin holder is the Virginia-based business intelligence software maker MicroStrategy, according to a database from the crypto analytics firm CoinGecko. The $3.6-billion company owns 121,044 bitcoin, a crypto horde roughly 2.5 times larger than its nearest contender, Tesla. MicroStrategy’s bitcoin is now worth roughly $4.4 billion—which is about 25% more than the company’s market capitalization.

If you read the linked article then you will find that most of the gaming, photo editing and companies which are software based are heavily investing in the crypto market and being the mega players of BITCOIN only.

A good read for those who love to see world wide distribution of bitcoin by companies format and sector.

Full read here

What is Microstrategy planning? I know that Elon Musk loves going the route of perpetually Bullish with bouts of scary FUD whenever he is planning to buy more, at least when it comes to dogecoin, which has a smaller market cap and is therefore much easier to manipulate. I would love to know how long term this bitcoin hording strategy of Microstrategy will be...

With any luck Microstrategy might even prove itself a gift for hodlers everywhere and a steady pillar against whale manipulations.

[Flexystar]

Grayscale by definition:

The Grayscale Bitcoin Trust is a digital currency investment product that individual investors can buy and sell in their own brokerage accounts.

I think as corporate giant any company could become number one by using others money in their trust fund. As everyone already discussed about this, here is another complete review of Grayscale trust.

~snip

~snip
Full read here

What is Microstrategy planning? I know that Elon Musk loves going the route of perpetually Bullish with bouts of scary FUD whenever he is planning to buy more, at least when it comes to dogecoin, which has a smaller market cap and is therefore much easier to manipulate. I would love to know how long term this bitcoin hording strategy of Microstrategy will be...

With any luck Microstrategy might even prove itself a gift for hodlers everywhere and a steady pillar against whale manipulations.

I don’t think they are planning anything here, they are just being strongest players in the crypto world. They definitely love bitcoin and know it’s value.

Imagine bitcoin value reaching million dollar, booom Michael  is gonna go crazy.

So they planning to be ahead of everyone and want to be RICH fish around the globe.

[dansus021]

hahahah microstartegy always buy more and after all they still profitable if we looking the average buying and as you might know There bunch company that will join crypto industry i think tesla will buy more if the board aggree with the payment of bitcoin but all we need is wait and see

[Poker Player]

Looking at the figures I realize that MSTR owns more than 0.5% of the total supply. I think Saylor is on its way to buying 1%. And more. If we take into account that many were lost, that is a considerable amount to own by a single institution. If he does well, he will become one of the richest people in the world. It is not that he is now poor, but he will be among the top.

[Lucius]

Tesla has to be careful how it goes about publicly investing in bitcoin. While they havent sold any, I cant see them making another public purchase any time soon.

The old news is that T sold 10% of the total Bitcoin purchased, but only that as Mr.Mars claims for the purpose of market testing.

‘Tesla only sold ~10% of holdings to confirm BTC could be liquidated easily without moving market.

Its investment is actually quite insignificant if we take into account what wealth it has at its disposal compared to MicroStrategy. Therefore, no one should worry too much about what his company will do with some 40 000 BTC, because it has shown that it does more harm than good for Bitcoin in general. I wouldn’t be surprised if at one point he decides to replace all Bitcoin with wow-wow coins, at least judging by the latest tweet🍔