Recent data shows that public companies now collectively hold nearly 700,000 BTC, amounting to over $45 billion. The largest share belongs to MicroStrategy.
Total Holdings of Public Companies in Bitcoin
According to data compiled by Bitcoin Treasuries, public companies are amassing significant Bitcoin reserves, indicating a growing trend in their use in financial strategies. The total value of these assets is now over $45 billion.
MicroStrategy’s Strategy for Bitcoin
MicroStrategy began actively investing in Bitcoin in August 2020, making it its primary reserve asset. As of the latest filing, the company holds 214,400 BTC, equivalent to over $13 billion.
Impact on Corporate Finance
Under the leadership of Michael Saylor, MicroStrategy has shown positive results from its Bitcoin investments, generating $459 million in gains for shareholders this month. This highlights how corporate holdings in BTC can significantly enhance value.
The trend of increasing corporate Bitcoin reserves emphasizes the cryptocurrency's evolving perception as a crucial asset for managing funds and mitigating risks.
