The number of public companies holding Bitcoin continues to grow, yet their stocks are performing differently in the market. This article analyzes the current state of Bitcoin investments among public companies.
Overview of Bitcoin Holdings by Public Companies
Currently, 20 public companies collectively hold 773,776 BTC, valued at $81.45 billion. These companies span multiple sectors and exchanges.
Market Challenges and Successes
Despite the increase in Bitcoin ownership, many companies have faced stock declines. Out of 20 companies, 12 saw a decrease. Some, like Metaplanet, experienced a stock surge of 7,963% after announcing their Bitcoin holdings.
Small Firms Show Significant Gains
Several small companies have achieved astronomical results following the announcement of their Bitcoin plans. For example, Blockchain Group, which owns only 1,653 BTC, soared 3,357,873%. However, Microcloud Hologram leads the losses with an 89% decline.
Investment in Bitcoin among public companies shows mixed results. While some enjoy significant gains, others face serious losses, highlighting the volatility and uncertainty of this asset.
