Do not focus too much on Elon Musk's words rather follow what he does with his own money, that is where to find the real honey.
Were you people expecting to go parabolic only on the way up? It is natural and physiological to have this ups and downs; you do not have to trust my words but go look for yourselves when zooming out any bitcoin chart (better on a log scale).
Topic: Bitcoin Holding in Companies (Read 694 times)
After the test law investment, the price of bitcoin is not going to stop.Now the price is crossed 54,750$.When the demand of coin had increased, their will be rise in the price of bitcoin also.It's seems to reach 60k$ by this month.
The mass adoption we always used to dream has actually happened and it is aided by the investments big companies are now doing now which is being headlined by Tesla and Microstrategy mainly. Somewhat concerning are these big investments to me because no doubt they are helping price to reach new highs almost every week but this also means the price can fall inexplicably too once they start selling the coins they hold.It should be updated because now, tesla also becomes one of the companies holding Bitcoin in high amount and this also makes the price of Bitcoin itself increasing some moemnt ago.
Tesla is not just helping Bitcoin but other cryptos like doge coin are also being pumped by Elon Musk. I have a feeling that Elon Musk or Tesla has more bitcoins than Musk pretends to own. We never know how much who owns because they might have 1 Bitcoin each stored in 10k addresses and never get noticed in the rich list. 
snip~
It should be updated because now, tesla also becomes one of the companies holding Bitcoin in high amount and this also makes the price of Bitcoin itself increasing some moemnt ago. Grayscale is of course also becomes a point in this case because this is a big company and they give also big influence t the crypto world.
Happy to see organizations are additionally included and taking an interest in cryptographic.
I don't really know about those companies, but I think it's a great step for the growth of cryptocurrencies.
I think companies realize that cryptocurrencies have more potential and benefits as compared to the stock market.
The highly volatile coins can beat any stock, and they're more profitable than any other investment Like Gold, properties, etc.
It took years for them to realize that crypto currency is not a scam and that happened because with time people did the efforts and actually understand the mechanism of Bitcoins and how it works which then helped them gain confidence and start investing. Almost after 10-12 years of Bitcoins coming into existence, people have been able to understand Bitcoins and yet not fully which makes me feel what kind of brain Satoshi had who developed it back then and even today we are discovering something new about Bitcoins and every time it just comes out even more robust.I don't really know about those companies, but I think it's a great step for the growth of cryptocurrencies.
I think companies realize that cryptocurrencies have more potential and benefits as compared to the stock market.
The highly volatile coins can beat any stock, and they're more profitable than any other investment Like Gold, properties, etc.
I don't care much if big investors put their money into the market or not because while it has some positives, it also has a lot of negatives like the manipulation of market could again start which after so many years looked like stopped after whales emptied their wallets into the market.
Yep, things are really changing , and over the years they found it hard to believe that Bitcoin and cryptocurrencies are the next level of investment. They have thought it was just another bubble that was going to crash once and for all, but they are surprised that it has continued for years now and all of them now wants to get on it before it’s very late for them.
In the past it was a trend to trash bitcoin in major media by the wall street investors and bankers while they were investing in it and they just want to create a narrative to make some headlines and they achieved that easily.If you check this year there has been so many companies coming out to say that they have invested in Bitcoin, and so many celebrities are now buying it , though some are public about it, I believe there will be so many of them who might own and just keep it a private.
There are many institutional investors investing heavily for a long time and now some are public knowledge and there are many billionaires who might be holding a fortune in cryptocurrencies but they wont be revealing them. 
I think companies realize that cryptocurrencies have more potential and benefits as compared to the stock market.
The highly volatile coins can beat any stock, and they're more profitable than any other investment Like Gold, properties, etc.
Yep, things are really changing , and over the years they found it hard to believe that Bitcoin and cryptocurrencies are the next level of investment. They have thought it was just another bubble that was going to crash once and for all, but they are surprised that it has continued for years now and all of them now wants to get on it before it’s very late for them.The highly volatile coins can beat any stock, and they're more profitable than any other investment Like Gold, properties, etc.
If you check this year there has been so many companies coming out to say that they have invested in Bitcoin, and so many celebrities are now buying it , though some are public about it, I believe there will be so many of them who might own and just keep it a private.
Happy to see organizations are additionally included and taking an interest in cryptographic.
I don't really know about those companies, but I think it's a great step for the growth of cryptocurrencies.
I think companies realize that cryptocurrencies have more potential and benefits as compared to the stock market.
The highly volatile coins can beat any stock, and they're more profitable than any other investment Like Gold, properties, etc.
That is definitely true, these big places eventually going into crypto definitely changed something. I remember that back in the day there was a situation where crypto was seen as "dark money" and everyone hated it and in mainstream media you could see people pumping news about drug lords and bad people all using bitcoin etc etc, basically it was shown in a very bad light and everyone hated bitcoin.I don't really know about those companies, but I think it's a great step for the growth of cryptocurrencies.
I think companies realize that cryptocurrencies have more potential and benefits as compared to the stock market.
The highly volatile coins can beat any stock, and they're more profitable than any other investment Like Gold, properties, etc.
But at the end, we are really doing something amazing right now because now those huge corporations are going into crypto and that made it amazing for us, we are in a situation where people are quite happy about what is going on in the crypto world and I can't believe how lucky we are about it as well. Mainstream media now talks about how awesome bitcoin is and how we are doing amazing, it is really cool.
Happy to see organizations are additionally included and taking an interest in cryptographic.
I don't really know about those companies, but I think it's a great step for the growth of cryptocurrencies.
I think companies realize that cryptocurrencies have more potential and benefits as compared to the stock market.
The highly volatile coins can beat any stock, and they're more profitable than any other investment Like Gold, properties, etc.
I don't really know about those companies, but I think it's a great step for the growth of cryptocurrencies.
I think companies realize that cryptocurrencies have more potential and benefits as compared to the stock market.
The highly volatile coins can beat any stock, and they're more profitable than any other investment Like Gold, properties, etc.
Talking about bitcoin is becoming more and more interesting, the Norwegian government holds a 2% stake in Microstrategy, which means that all Norwegians are also indirectly exposed to Bitcoin. (Bitcoin enthusiasts are increasing). of all the list of companies above, indicates that there is a catalyst for bitcoin demand. good luck
This is a plus to the people there. This signal a support to bitcoin if a government is investing into bitcoin. Such will increase the bitcoin interest a lot and help the youth over there to invest and trade bitcoin too. Youths are the economic power of a country because of their zeal and strength. The GDP is expected to increase both from the government and the youth investment participation.
A lot of these companies are holding a huge percentage in circulation and I think we should not also forget about the individual whales. It is great that we are seeing these companies holding but it is kind if scary what they can do negatively. For sure, they are aiming for big profits but I hope this ends up in a good way.
We have the right to be scared, they can form a monopoly if they want too. In my opinion, it won't end good for those who do not buy now, the prices are still tamed and everyone can still buy bitcoin, the pioneers are the one that will profit big time because we all know that when the money from this big institutions come dropping again, the prices will go crazy and people will be clamoring about the price surge to the point that they forgot that the companies can manipulate the prices, the only way for the individual and small fishes to survive is to stock up and hodl because when companies control the prices, we have a good exit no matter what. 
Talking about bitcoin is becoming more and more interesting, the Norwegian government holds a 2% stake in Microstrategy, which means that all Norwegians are also indirectly exposed to Bitcoin. (Bitcoin enthusiasts are increasing). of all the list of companies above, indicates that there is a catalyst for bitcoin demand. good luck
Today Bitcoin is seen as a great asset to store assets and never fear inflation. This is probably the most obvious proof that Bitcoin is reducing inflation, you can refer here: https://news.bitcoin.com/bitcoin-halving-inflation-rate-central-banks/
I think this is grossly overstated. People buy bitcoin and cite inflation as a cause of concern, but there's no body of evidence that Bitcoin protects against inflation because it is much more volatile than the inflation rate is destructive to savings. The risk of holding btc vs USD isn't even comparable. The USD is orders of magnitude safer.
A lot of these companies are holding a huge percentage in circulation and I think we should not also forget about the individual whales. It is great that we are seeing these companies holding but it is kind if scary what they can do negatively. For sure, they are aiming for big profits but I hope this ends up in a good way.
This may seem good first because it helps bitcoin increase in value. But knowing that they own approximately 600K bitcoins kind of scares me. Keep in mind that this only applies to grayscale companies. Who knows how many more companies do this? They could cause a huge impact on bitcoin's price knpwing that they are all whales in the market. And them being owned by private companies does not make comfortable even a bit.
https://twitter.com/Coin98Analytics/status/1315853890424717312
13 companies are holding around 2.85% of the total supply of Bitcoin.
Let's compare all of them:
449,596 Grayscale
69,730 CoinShares
38,250 MicroStrategy
16,551 Galaxy digital
8,195 3iQ
5,215 BTCe
4,709 Square
2,954 HUT8
1,239 Voyager
1,053 Riot
215 digital
204 cypher punk holdings
126 argo
The Halving mechanism and the Cryptocurrency community have created the reputation of Bitcoin after years of development. Today Bitcoin is seen as a great asset to store assets and never fear inflation. This is probably the most obvious proof that Bitcoin is reducing inflation, you can refer here: https://news.bitcoin.com/bitcoin-halving-inflation-rate-central-banks/
Companies do not get involved in crypto like a regular person, they get involved because they want to go long on bitcoin because they go into anything with long term ambitions and they want to stay in it for the long term if it is gold, stocks, cash or bitcoin. It means we are talking about over a billion dollars worth of bitcoin was bought this year for long term holding and that of course happened to help the price of bitcoin as well.
What I always have in mind is what’s going to happen by that time when these companies decides to eventually sell their bitcoins, what’s going to happen? 
The market might be going down too much because these companies are HODL’ing giant shares of Bitcoin and that’s leading to a crash.Unless maybe by then, by the time they make up their mind to sell their assets holding, there will be so many other companies that will be ready to buy so many, more than these ones have done right now. I wouldn’t like anything that’s going to be crashing the market to the extent people lose hope.
They could manipulate the price, not the coin itself and that is the difference. They could be as rich as they get and they could buy all the bitcoin they could afford but even in that situation bitcoin will still be bitcoin and nothing will change about it, sure you could make it 50k+ per bitcoin if you are rich enough or you could make it 1k per bitcoin as well all depends on the amount of money you have and your motives to make bitcoin price move, it is market manipulation and bitcoin is not exempt from it just like stocks and forex is not as well as other stuff in investment, market manipulation could always be done with enough money and lack of regulations on crypto markets makes it easier. However bitcoin and blockchains integrity will never be questioned no matter what.
But I'm afraid that it will be the start of centralizing ( slightly ) the bitcoin. From any moment, if every government turns their back with cryptocurrencies these companies will be force to sell it all out leaving the whole market in awe.
Even if these companies will be forced to sell their Bitcoin, there are several times more coins in the circulation. hero member
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Those companies can't manipulate the price because the percentage of their holdings is not enough to do that and it will not be on their best interest to do such price manipulation. BTC price is driven by supply and demand in the market. Now, do you think, if few people can control the market, there will be supply and demand that will happen? I don't think so. So to have a healthy market, they won't hoard massive amount of btc, which will give good market movement.
Even if they claim that they have big funds to buy more bitcoin, they will not have a chance to shake the price. Okay, maybe they can shake the price at a small exchange, but they can not shake at a medium or big exchange because the whales in that exchange will prevent their moves and watch their step. As long as the supply and demand still high in the market, that company can not do anything except following the price, but those companies can buy or sell bitcoin at a level price and make people panic temporarily.
I imagine if there are many Bitcoin holding companies I think it is very dangerous, because price manipulation might happen easily,
to be honest I think this, I prefer if Bitcoin is held in the staking feature,
if Bitcoin has a feature like this it will be even more very nice.
It is not dangerous if many companies would start holding bitcoin. Don't you worry about manipulation or monopolizing. What's more worrying is the controlled percentage of mining power for a specific country or area. Staking can be done through companies with their interest offers.to be honest I think this, I prefer if Bitcoin is held in the staking feature,
if Bitcoin has a feature like this it will be even more very nice.
You deposit on their exchange and receive percentage given the annual rate for their btc deposits. But I'm not advising you to do that because if you don't hold your PKeys, not your bitcoin.
Even if many companies start holding bitcoin, it doesn't mean that the companies can manipulate or monopolize the market because they need to against all people in the crypto market. I think the exchanges themselves don't want to see what happens, and they will prevent that happen to the crypto market. But if many companies start to buy bitcoin, that can give bitcoin a chance to be known by the people or the employee of that company, so they can start to have bitcoin and use bitcoin as an investment.
Those companies can't manipulate the price because the percentage of their holdings is not enough to do that and it will not be on their best interest to do such price manipulation. BTC price is driven by supply and demand in the market. Now, do you think, if few people can control the market, there will be supply and demand that will happen? I don't think so. So to have a healthy market, they won't hoard massive amount of btc, which will give good market movement.
hero member
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Leading Crypto Sports Betting & Casino Platform
I imagine if there are many Bitcoin holding companies I think it is very dangerous, because price manipulation might happen easily,
to be honest I think this, I prefer if Bitcoin is held in the staking feature,
if Bitcoin has a feature like this it will be even more very nice.
It is not dangerous if many companies would start holding bitcoin. Don't you worry about manipulation or monopolizing. What's more worrying is the controlled percentage of mining power for a specific country or area. Staking can be done through companies with their interest offers.to be honest I think this, I prefer if Bitcoin is held in the staking feature,
if Bitcoin has a feature like this it will be even more very nice.
You deposit on their exchange and receive percentage given the annual rate for their btc deposits. But I'm not advising you to do that because if you don't hold your PKeys, not your bitcoin.
Even if many companies start holding bitcoin, it doesn't mean that the companies can manipulate or monopolize the market because they need to against all people in the crypto market. I think the exchanges themselves don't want to see what happens, and they will prevent that happen to the crypto market. But if many companies start to buy bitcoin, that can give bitcoin a chance to be known by the people or the employee of that company, so they can start to have bitcoin and use bitcoin as an investment.
I think with the current uptick in price it is clear that a lot of money managers want to get in on the action right now - before it is too late. Bitcoin has shown it can be an amazingly versatile currency and is already well known in the mainstream media. This makes it easy to sell to clients, that they can move their money across borders without even needing to access their bank accounts. For the super rich, that means avoiding even more taxes and makes it much harder for tax authorities to take more of their money. These are the sort of people who make big money each day from just owning shares and not actively working for it - they just love having a new place to store their excess cash, gold is boring now and can be seized comparatively easily!
I also agree with you that by depositing Bitcoin you can gain more experience and become much richer, In a real sense those who have been depositing Bitcoin for a long time before have been able to make a much better profit,So I also think that if someone saves bitcoin for a long time, he will definitely benefit and since Bitcoin has the potential to run the economy in the future I think Bitcoin should be saved.
Companies do not get involved in crypto like a regular person, they get involved because they want to go long on bitcoin because they go into anything with long term ambitions and they want to stay in it for the long term if it is gold, stocks, cash or bitcoin. It means we are talking about over a billion dollars worth of bitcoin was bought this year for long term holding and that of course happened to help the price of bitcoin as well.
That is how the world works and that is how profits are made, when they are in billions (or let's just say hundreds of millions) they do not have the urgency or scare that we have when there is small movements and dips, which they just go in even further when that happens to lower their DCA and make even more profit in the long term.
companies are known to work like this . It's already thier habit to invest into something and hold it professionaly . Some companies gets bankrupt also because of this while some gets successful and grow bigger because of thier booming investment aside from the profit that they earn on thier company . That is how the world works and that is how profits are made, when they are in billions (or let's just say hundreds of millions) they do not have the urgency or scare that we have when there is small movements and dips, which they just go in even further when that happens to lower their DCA and make even more profit in the long term.
Companies that owns Bitcoin might be less but they own huge amounts of btc and thier hodling do also grow overtime , them alone can really make a big difference without the help of other companies .
This HODL of a thing, how good is it for Bitcoin? Wouldn’t it be having the same effect just as savings would do to fiat when there are huge amount of money removed from circulation and just placed to rest in a savings account?
It's true that the holding of Bitcoins might not be in the best interest for the market because the more the coins in market the more liquid market will be and one company or a whale cannot drop the price of the bitcoins then but the fact is people are greedy and they have every right to earn money so they will always hold bitcoins and even try to manipulate market at times.This HODL might be really good for Bitcoin, and the worst part of it all is that Bitcoin is limited to about 21 million and these companies are already holding up millions and before you know it more of them will still come in and start holding more Bitcoin which will reduce liquidity. People really needs to stop HODL’ing too much and let it circulate.
Might be really good for bitcoin? I guess you made a typo there. Because all your post is against holding of Bitcoins which I agree with.I think as much as we blame these BTC holders for low liquidity, these holders are the ones who actually lifted the Bitcoin market. I mean imagine if the big holders had dumped their coins 2 years back when price was ATH the market might have collapsed.
I imagine if there are many Bitcoin holding companies I think it is very dangerous, because price manipulation might happen easily,
to be honest I think this, I prefer if Bitcoin is held in the staking feature,
if Bitcoin has a feature like this it will be even more very nice.
It is not dangerous if many companies would start holding bitcoin. Don't you worry about manipulation or monopolizing. What's more worrying is the controlled percentage of mining power for a specific country or area. Staking can be done through companies with their interest offers.to be honest I think this, I prefer if Bitcoin is held in the staking feature,
if Bitcoin has a feature like this it will be even more very nice.
You deposit on their exchange and receive percentage given the annual rate for their btc deposits. But I'm not advising you to do that because if you don't hold your PKeys, not your bitcoin.
I imagine if there are many Bitcoin holding companies I think it is very dangerous, because price manipulation might happen easily,
to be honest I think this, I prefer if Bitcoin is held in the staking feature,
if Bitcoin has a feature like this it will be even more very nice.
You have a valid point but the market in crypto is so big that one needs colossal amount of capital to do that and it sounds implausible for that to ever happen. Yeah maybe 10 big companies can collaborate together and shale the market but they still cannot cause much distress to the market. Someone might have tried this in March but see how the price recovers so fast.to be honest I think this, I prefer if Bitcoin is held in the staking feature,
if Bitcoin has a feature like this it will be even more very nice.
I'd prefer to have reserved in the stablecoins. In any moment it can be changed to bitcoin and back. More save way to earn money than just keep it in BTC. In USDT or EURG
It is the perception you have but the truth is that the price has only increased overall and volatility doesn't only mean that you can lose but it also means that you can double your money within a night and actually there are less people in Bitcoin market who invested and regretted as compared to people who divested and regretted so it tells you the story that having big reserves is actually more profitable.
Companies do not get involved in crypto like a regular person, they get involved because they want to go long on bitcoin because they go into anything with long term ambitions and they want to stay in it for the long term if it is gold, stocks, cash or bitcoin. It means we are talking about over a billion dollars worth of bitcoin was bought this year for long term holding and that of course happened to help the price of bitcoin as well.
That is how the world works and that is how profits are made, when they are in billions (or let's just say hundreds of millions) they do not have the urgency or scare that we have when there is small movements and dips, which they just go in even further when that happens to lower their DCA and make even more profit in the long term.
That is how the world works and that is how profits are made, when they are in billions (or let's just say hundreds of millions) they do not have the urgency or scare that we have when there is small movements and dips, which they just go in even further when that happens to lower their DCA and make even more profit in the long term.
No... Due to volatility, we can lose a lot of money.
I'd prefer to have reserved in the stablecoins. In any moment it can be changed to bitcoin and back. More save way to earn money than just keep it in BTC. In USDT or EURG
I'd prefer to have reserved in the stablecoins. In any moment it can be changed to bitcoin and back. More save way to earn money than just keep it in BTC. In USDT or EURG
I imagine if there are many Bitcoin holding companies I think it is very dangerous, because price manipulation might happen easily,
to be honest I think this, I prefer if Bitcoin is held in the staking feature,
if Bitcoin has a feature like this it will be even more very nice.
to be honest I think this, I prefer if Bitcoin is held in the staking feature,
if Bitcoin has a feature like this it will be even more very nice.
But I'm afraid that it will be the start of centralizing ( slightly ) the bitcoin. From any moment, if every government turns their back with cryptocurrencies these companies will be force to sell it all out leaving the whole market in awe.
After you said this sentence, I wanted to see your explanation about bitcoin becoming centralized. The codification of bitcoin is decentralized that you can't change it to centralized. Whether companies or whales begin to dump because of no demand or not, it remains same the way it is.
This HODL of a thing, how good is it for Bitcoin? Wouldn’t it be having the same effect just as savings would do to fiat when there are huge amount of money removed from circulation and just placed to rest in a savings account?
This HODL might be really good for Bitcoin, and the worst part of it all is that Bitcoin is limited to about 21 million and these companies are already holding up millions and before you know it more of them will still come in and start holding more Bitcoin which will reduce liquidity. People really needs to stop HODL’ing too much and let it circulate.
This HODL might be really good for Bitcoin, and the worst part of it all is that Bitcoin is limited to about 21 million and these companies are already holding up millions and before you know it more of them will still come in and start holding more Bitcoin which will reduce liquidity. People really needs to stop HODL’ing too much and let it circulate.
Those companies you mentioned are good companies for investment just that they have grad pass each in cryptocurrencies. Grayscale company is a good company that many investors is talking about. Many people that invest with this company are just smiling because of the good profit that is waiting for them.
I think more investors will now be rushing most of those new project that is showing sign of a good project.
I dont think many hedge funds will target potential projects in the future because they are just wanting their assets to avoid inflation in the coming years.I think more investors will now be rushing most of those new project that is showing sign of a good project.
Financial investment funds are different from technology investment funds, so after Bitcoin halving they only focus on the value of Bitcoin. As you can see, Bitcoin Dominance is up nearly 8% over the last few days from October.
This growth signal shows that Bitcoin's inflation prevention function is real and it is being applied in major financial funds. In addition, we still don't see what they announce about other investments in the crypto market
https://twitter.com/Coin98Analytics/status/1315853890424717312
We heard about Square investing in Bitcoin and I am sure many of you know about Grayscale but let's look at other publicly traded companies who purchased Bitcoin.
Total value for all of them is over $6 billion or around 600,000 BTC, but I am sure there are many more who not so famous or they purchased it with some 3rd party firms.
13 companies are holding around 2.85% of the total supply of Bitcoin.
Let's compare all of them:
449,596 Grayscale
69,730 CoinShares
38,250 MicroStrategy
16,551 Galaxy digital
8,195 3iQ
5,215 BTCe
4,709 Square
2,954 HUT8
1,239 Voyager
1,053 Riot
215 digital
204 cypher punk holdings
126 argo
More detailed report on Bitcoin Treasuries website:
https://bitcointreasuries.org/
Some say that Grayscale doesn't own any Bitcoin but that is for debate because they are Investment Trust, and their clients are buyers who own bitcoins.
Those are some long term investment of those major company. I think there are many other companies that are not on the list but hold a good portion of Bitcoin. Is it possible to identify that bitcoin that is not possible to move or lost forever? Some private key lost or device lost. We saw this type of case in the news. Is that possible to do that?
Holding bitcoin in companies it is a much better idea to increase the price of bitcoin and increase the value of companies only for those who understand the risks bitcoin has no value in earnings or underlying assets its price increase is driven by demand alone and it shows signs of a frenzy. Conversely when the price of a stock increases even compared to an estimated money stock the move is usually based on the expectation of an increase in earnings or earnings.
There are probably more companies owing bitcoin and we dont know. For example, Elon musk Is interested in btc. Tesla or SpaceX may own some but we dont know.
Probably no lies in that, some companies can still hold Bitcoin and decide not to make it open to the public. Elon Musk has always shown some interest in cryptocurrency and some point people suspected him as Satoshi or his contribution to bitcoin developments by being part of Satoshi's team; from these, we may conclude like definitely he must be holding some big amount bitcoins personally. I'd highly doubt it Tesla or SpaceX are. Tesla is a public company and one that has had liquidity concerns until very recently. Further, it's a very capital intensive business, and they're scaling constantly. There is just no extra cash to be putting in to bitcoin. Because of the liquidity concerns and the need to scale, any bitcoin holdings would be considered a material fact that would need to be disclosed to investors, so it's almost impossible for them to have any bitcoin on the down low. SpaceX is a private company in an even more capital-intensive business. There's no way the company is investing in bitcoin. It cannot afford to lock up any capital in such a risky asset. Musk personally could be another matter, but he's such an attention whore that if he was you'd likely know about it.
600000 bitcoin is a significantly high number. We only have around 18-million coins while more than half of them are inactive or potentially lost. There are not much bitcoin left in on the Internet. Having such this number of bitcoin can easily manipulate the price of bitcoin in a short time. However, this is a concern because I believe they will not sell a huge amount of bitcoin expeditiously without having no announcement or plan. And those bitcoin might not all belong to oneself. Many people have their shares on the company so decision will be made among many investors
Quite a nice information you have given to us. Actually, I have never heard about Grayscale or one company on the list above. This surely raises my awareness of publicly traded companies. They are really big whales on the decentralized market
Quite a nice information you have given to us. Actually, I have never heard about Grayscale or one company on the list above. This surely raises my awareness of publicly traded companies. They are really big whales on the decentralized market
It's always interesting to discuss Bitcoin holders, let alone the number of companies that hold Bitcoin about 2.87% of the total Bitcoin supply.
This is very exciting news, because this will make the Bitcoin price go up even more. But there is also a big risk if one company decides to sell
Bitcoin, and the other company follows. You can imagine there will be a deep decline in the price of Bitcoin. Hopefully my fears don't happen,
and there will be an increasing number of companies buying and holding Bitcoin.
This is very exciting news, because this will make the Bitcoin price go up even more. But there is also a big risk if one company decides to sell
Bitcoin, and the other company follows. You can imagine there will be a deep decline in the price of Bitcoin. Hopefully my fears don't happen,
and there will be an increasing number of companies buying and holding Bitcoin.
Never thought that companies actually hold Bitcoin.
This could mean good and bad news. Good news because as I said, I never thought that they do that. Bitcoins have been labeled as a scam by a lot of people and I think that people might've ended up just holding them, not a company. Still, since thats a thing, others might do the same. The bad news though is that since companies are holding them, if they will be dumping those, that could end up a big dump. For sure it would just go back up but still..
This could mean good and bad news. Good news because as I said, I never thought that they do that. Bitcoins have been labeled as a scam by a lot of people and I think that people might've ended up just holding them, not a company. Still, since thats a thing, others might do the same. The bad news though is that since companies are holding them, if they will be dumping those, that could end up a big dump. For sure it would just go back up but still..
Its good to see many companies holding bitcoin, but as a small time bitcoin hodler there’s a risk for us because anytime they can dump their bitcoin and that can suffer the whole market which can leave many people broke.
Anyway, Grayscale is a great company I just hope that they don’t dump their holdings easily and wait for the peak of bitcoin again, investors loves bitcoin now this is one of the main option now in the market.
Many adopts bitcoin during this Pandemic and knowing that many companies now holds BTC and are trading with BTC other than stocks is more risky since we need to be monitor more our small amount of BTC to not be left out whenever these companies started to dum their coins, maybe not now but soon they will sure to sell it and return to stock or other investment once they already gained too much in crypto. As long as we were able to monitor and be updated we will not lose here in Bitcoin even they hold more and more BTC in the future. Anyway, Grayscale is a great company I just hope that they don’t dump their holdings easily and wait for the peak of bitcoin again, investors loves bitcoin now this is one of the main option now in the market.
Had anyone asked yourself why they suddenly a of them starting announcing they bought them? Why they dont keep the old strategy buying a share and stay quiet. I never heard them talk they bought a Tesla share. But I am sure they have them. To me it looks totally like a pump and dump situation. Whales are accumulating when price is cheap. And at the moment price start rising so they cant buy cheap anymore. But anyway their bags are quiet full already, they start shilling that coin so it pumps and then dumping start. Similar happened in first half of 2019.
What you saying is illegal for them.Companies are not like bunch of guys who smoke joints and degen trade like that all day.
It is illegal for anyone. But did that ever prevent bankers doing illegal stuff? It did not, since they will pay few $100 penalty. And at same time earn few billion USD. No banker ever went in jail. In 100 years. Nothing will change in the future.
Every time I see this being discussed I usually havethoughts on what the companies have as plans. There is no doubt everyone is bent on profiting out of BTC. Imagine what these companies are going to do when they BTC trading above $20,000 or a huge price, they would just decide that they are going to sell it and put the money back to where it comes from, and that means they are going off with profit, and imagine how much they will have.
There are probably more companies owing bitcoin and we dont know. For example, Elon musk Is interested in btc. Tesla or SpaceX may own some but we dont know.
Probably no lies in that, some companies can still hold Bitcoin and decide not to make it open to the public. Elon Musk has always shown some interest in cryptocurrency and some point people suspected him as Satoshi or his contribution to bitcoin developments by being part of Satoshi's team; from these, we may conclude like definitely he must be holding some big amount bitcoins personally. https://twitter.com/Coin98Analytics/status/1315853890424717312
We heard about Square investing in Bitcoin and I am sure many of you know about Grayscale but let's look at other publicly traded companies who purchased Bitcoin.
Total value for all of them is over $6 billion or around 600,000 BTC, but I am sure there are many more who not so famous or they purchased it with some 3rd party firms.
13 companies are holding around 2.85% of the total supply of Bitcoin.
Let's compare all of them:
449,596 Grayscale
69,730 CoinShares
38,250 MicroStrategy
16,551 Galaxy digital
8,195 3iQ
5,215 BTCe
4,709 Square
2,954 HUT8
1,239 Voyager
1,053 Riot
215 digital
204 cypher punk holdings
126 argo
More detailed report on Bitcoin Treasuries website:
https://bitcointreasuries.org/
Some say that Grayscale doesn't own any Bitcoin but that is for debate because they are Investment Trust, and their clients are buyers who own bitcoins.
Grayscale's holdings aren't the company's own holdings but what they hold collectively on behalf of other investors, so to include them on a list of companies that invest in bitcoin is misleading at best, but I would go so far as to call it inaccurate. Grayscale is different from Square which also lets people buy bitcoin but has itself invested its own treasury into bitcoin. Grayscale has not invested in 449k btc, its clients have. It's an important distinction.
Those companies you mentioned are good companies for investment just that they have grad pass each in cryptocurrencies. Grayscale company is a good company that many investors is talking about. Many people that invest with this company are just smiling because of the good profit that is waiting for them.
I think more investors will now be rushing most of those new project that is showing sign of a good project.
Its good to see many companies holding bitcoin, but as a small time bitcoin hodler there’s a risk for us because anytime they can dump their bitcoin and that can suffer the whole market which can leave many people broke. I think more investors will now be rushing most of those new project that is showing sign of a good project.
Anyway, Grayscale is a great company I just hope that they don’t dump their holdings easily and wait for the peak of bitcoin again, investors loves bitcoin now this is one of the main option now in the market.
I'm amazingly surprise with these list of companies who actually holds bitcoin there's only two emotion I am feeling right now, one is excited who's company is going to be the next in the list, But I'm afraid that it will be the start of centralizing ( slightly ) the bitcoin. From any moment, if every government turns their back with cryptocurrencies these companies will be force to sell it all out leaving the whole market in awe.
Hopefully they will not just sell and leave the market, they might have plans for longs term that they chose to invest with bitcoin. If they were able to properly earned in crypto and able to gain much more that they make before entering this market then there is no reason for them to leave unless the government will tells them. There might be more companies out there that didn't announce yet that they do have bitcoin holdings or atleast the owner have. It's good to see see companies that do use crypto in their fund management since in my country fund management see it too risky that they avoid investing in it.
Those companies you mentioned are good companies for investment just that they have grad pass each in cryptocurrencies. Grayscale company is a good company that many investors is talking about. Many people that invest with this company are just smiling because of the good profit that is waiting for them.
I think more investors will now be rushing most of those new project that is showing sign of a good project.
I think more investors will now be rushing most of those new project that is showing sign of a good project.
Yikes! That might sound like a positive thing for bitcoin, but it kind of scares me. Just imagine if just a couple of those companies needed to dump their bitcoin holdings onto the market all at once--I would hope that they'd work out private deals instead of using exchanges, but who knows?
I can't see any heavyweight player ever going anywhere near any exchange. There's no depth and not enough appetite for the amounts they'd want to offload.
.....unless of course, their intention is to move the price. There are plenty of whales trying to push the spot market around. That's not to say they are always successful, but they certainly try.
Had anyone asked yourself why they suddenly a of them starting announcing they bought them? Why they dont keep the old strategy buying a share and stay quiet.
With Microstrategy, they were quiet, until they were done accumulating. After their orders were all filled, their motivations obviously changed. Now they'd be happy to see BTC pump.
With Square, I think Jack Dorsey really wants to be on the cutting edge of Bitcoin adoption and development, and publicly so. If public companies are going to be accumulating BTC reserves, he won't be left behind.
Grayscale helps investors create investments in cryptocurrencies, the team is convinced as well as us that Bitcoin is giving a golden opportunity in the new digital age.
They have an experienced group ready to help Accredited investors dive into crypto and therefore how important it is to Bitcoin. This is a Twitter account that you should follow to be more informed, like that of its founder Barry Silbert.
https://twitter.com/Grayscale/
https://twitter.com/barrysilbert/
They have an experienced group ready to help Accredited investors dive into crypto and therefore how important it is to Bitcoin. This is a Twitter account that you should follow to be more informed, like that of its founder Barry Silbert.
https://twitter.com/Grayscale/
https://twitter.com/barrysilbert/
if every government turns their back with cryptocurrencies these companies will be force to sell it all out leaving the whole market in awe.
No government has ever turned their face to any cryptocurrency, so there is not need to fear of them turning their back, but they just can't fight against Bitcoin, so only thing they can do is to make more regulations.They are probably thinking like this - If you can't beat them, then better join them.
Companies invest in many things not only in Bitcoin, so they are not stupid to crash the market like that and even if they want to do taht it would not be so easy.
Had anyone asked yourself why they suddenly a of them starting announcing they bought them? Why they dont keep the old strategy buying a share and stay quiet. I never heard them talk they bought a Tesla share. But I am sure they have them. To me it looks totally like a pump and dump situation. Whales are accumulating when price is cheap. And at the moment price start rising so they cant buy cheap anymore. But anyway their bags are quiet full already, they start shilling that coin so it pumps and then dumping start. Similar happened in first half of 2019.
What you saying is illegal for them.Companies are not like bunch of guys who smoke joints and degen trade like that all day.
I'm amazingly surprise with these list of companies who actually holds bitcoin there's only two emotion I am feeling right now, one is excited who's company is going to be the next in the list, But I'm afraid that it will be the start of centralizing ( slightly ) the bitcoin. From any moment, if every government turns their back with cryptocurrencies these companies will be force to sell it all out leaving the whole market in awe.
13 companies are holding around 2.85% of the total supply of Bitcoin.
Had anyone asked yourself why they suddenly a of them starting announcing they bought them? Why they dont keep the old strategy buying a share and stay quiet. I never heard them talk they bought a Tesla share. But I am sure they have them. To me it looks totally like a pump and dump situation. Whales are accumulating when price is cheap. And at the moment price start rising so they cant buy cheap anymore. But anyway their bags are quiet full already, they start shilling that coin so it pumps and then dumping start. Similar happened in first half of 2019.
Yikes! That might sound like a positive thing for bitcoin, but it kind of scares me. Just imagine if just a couple of those companies needed to dump their bitcoin holdings onto the market all at once--I would hope that they'd work out private deals instead of using exchanges, but who knows?
Aside from the fear of bitcoin being held by an increasingly large number of companies, I'm amazed that this is actually happening and I certainly would not have predicted corporations would start buying up bitcoin to hold as cash reserves/investment/whatever.
So 2.85% held by these companies. How much do the Winklevii twins hold? And I can't even remember how much is in Satoshi's wallet, percentage-wise. Makes me wonder how many individual bitcoin holders there really are out there.
That was my reaction when I saw a lot of posts and articles about this companies buying crypto as a reserve. They have the ability to inflate the prices now and it is a terrifying possibility. Pretty sure individual hodlers are the only ones who will suffer in this particular problem. In the back of my mind, I am hoping that less companies get their interest in stocking bitcoin. Aside from the fear of bitcoin being held by an increasingly large number of companies, I'm amazed that this is actually happening and I certainly would not have predicted corporations would start buying up bitcoin to hold as cash reserves/investment/whatever.
So 2.85% held by these companies. How much do the Winklevii twins hold? And I can't even remember how much is in Satoshi's wallet, percentage-wise. Makes me wonder how many individual bitcoin holders there really are out there.
Great infographic.
I've heard news about crypto companies like Coinbase and Nexo,which are about to launch their IPOs and become public.Maybe they will join this list too.
The first step is companies outside the cryptosphere to buy more Bitcoins.The second step will be actual crypto companies to launch IPOs and get their stocks listed on Wall Street and other stock exchange markets around the world.Perhaps this is the way for fiat and crypto markets to merge into one market.
I've heard news about crypto companies like Coinbase and Nexo,which are about to launch their IPOs and become public.Maybe they will join this list too.
The first step is companies outside the cryptosphere to buy more Bitcoins.The second step will be actual crypto companies to launch IPOs and get their stocks listed on Wall Street and other stock exchange markets around the world.Perhaps this is the way for fiat and crypto markets to merge into one market.
Mostly companies are not holding bitcoin for themselves because it can be risky on their part rather they are just he one to channel clients order and demand. With that they will going to earn through additional payment fee acting as third party in return to secure transaction process.
Here in our place we have registered and license company that are allowed to operate the buy and sell of bitcoin and other altcoins. Yet, I can see high difference between the market price here and the price bitcoin posted in coinmarketcap.com site which make it more difficult to trade due to high price when buying and low price when selling. They got huge profit when you get to transact or trade in them.
Here in our place we have registered and license company that are allowed to operate the buy and sell of bitcoin and other altcoins. Yet, I can see high difference between the market price here and the price bitcoin posted in coinmarketcap.com site which make it more difficult to trade due to high price when buying and low price when selling. They got huge profit when you get to transact or trade in them.
These public holdings of private companies leading to a whooping 2.85% of the total supply is good. This will strengthen the market, but the same should be limited within particular range. Already the market is manipulated by the whales, and with the massive holdings these companies join together to manipulate and profit out of it. This should not happen, because the vision of Satoshi to have bitcoin is freedom from third party intervention.
This is my first time to hear about Grayscale, voyager and argo investment platform, I don't really know that the two platform exist and bitcoin can be invested on it, I really thanks op for research towards these, i believe all these, is very transparent for investment because of these are developed by scammers which we can't predict the sincere platform for better investment via bitcoin.
This is somewhat a good thing right now, but long-term implications are quite scary and doesn’t seem to be that inviting. If these companies are pooling such large assets into their fund management, once they need to liquidate some assets for something important, those bitcoins might be off the shelf and be sold in one massive transaction. Of course there are OTC trades to limit such things from happening but if the spot market prices are better than that offered by the OTC platform then you know what happens next.
To think that publicly-traded companies are open to accepting such gambles in their asset management is really amusing. They might not see bitcoin as a currency, but as an asset they’re definitey spot on.
To think that publicly-traded companies are open to accepting such gambles in their asset management is really amusing. They might not see bitcoin as a currency, but as an asset they’re definitey spot on.
Yikes! That might sound like a positive thing for bitcoin, but it kind of scares me. Just imagine if just a couple of those companies needed to dump their bitcoin holdings onto the market all at once--I would hope that they'd work out private deals instead of using exchanges, but who knows?
I can't see any heavyweight player ever going anywhere near any exchange. There's no depth and not enough appetite for the amounts they'd want to offload. Every time giant amounts have turned up like the Silk Road coins or Cumberland Mining's offer for all of the Gox coins, we get a glimpse of the OTC dark side. It'll be ready for any of this too.
Good work by the OP but I believe there are some companies holding Bitcoin that are yet to disclose their holdings, I am not surprise about this because if you look at the growth potential in Crypto as compared to Stock market there is a huge gap, though the risk is also high in Crypto but for me it worth the bet.
Nice analysis
I dont know most of those companies, and the ones I ever heard were all cryptocurrency related. For example Voyager, which is a crypto company afaik
There are probably more companies owing bitcoin and we dont know. For example, Elon musk Is interested in btc. Tesla or SpaceX may own some but we dont know.
There is a pseudo anonymity in bitcoin, so people may be holding and we eont know.
I dont know most of those companies, and the ones I ever heard were all cryptocurrency related. For example Voyager, which is a crypto company afaik
There are probably more companies owing bitcoin and we dont know. For example, Elon musk Is interested in btc. Tesla or SpaceX may own some but we dont know.
There is a pseudo anonymity in bitcoin, so people may be holding and we eont know.
What company is this? I assume you aren't referring to the defunct exchange.
No.They are talking about this:
BTCetc - Bitcoin Exchange Traded Crypto - BTCE
Quote
ETC Group has recently launched the first physically backed Bitcoin
ETC listed on Deutsche Börse /Xetra, Europe’s largest ETF exchange
and one of the world’s top 10 stock exchanges. BTCE is distributed in
cooperation with HANetf and will be passported across several
European countries.
BTCetc – Bitcoin Exchange Traded Crypto (primary ticker: BTCE) allows investors to track the price
of Bitcoin, just like a share of a company on a stock exchange. BTCE is fully backed by physical Bitcoin,
held in cold storage with a regulated custodian and security over the collateral account is held by a trustee
for additional investor protection.
https://www.hanetf.com/UsersFiles/HanETF/Documents/405/BTCE-Points-of-Difference.pdf ETC listed on Deutsche Börse /Xetra, Europe’s largest ETF exchange
and one of the world’s top 10 stock exchanges. BTCE is distributed in
cooperation with HANetf and will be passported across several
European countries.
BTCetc – Bitcoin Exchange Traded Crypto (primary ticker: BTCE) allows investors to track the price
of Bitcoin, just like a share of a company on a stock exchange. BTCE is fully backed by physical Bitcoin,
held in cold storage with a regulated custodian and security over the collateral account is held by a trustee
for additional investor protection.
5,215 BTCe
What company is this? I assume you aren't referring to the defunct exchange.
Some say that Grayscale doesn't own any Bitcoin but that is for debate because they are Investment Trust, and their clients are buyers who own bitcoins.
If Grayscale is included, then we might as well include the holdings of all exchanges and other custodial platforms. Coinbase, Bitfinex, Bitmex, etc. That would be pointless.
The interesting metric is not how many coins a company has in custody (including those of their clients) but rather how invested they are.
How much do the Winklevii twins hold?
Nobody can be exactly sure, but from some reports they could have up to 1% of the circulating Bitcoins, and that would be around 180,517 bitcoin now.They started buying when Bitcoin was only $8 so you can imagine how much they can have
I should also mention RogerVer and rumors that he has more than 300,000 BTC unless he sold some to buy his Bcash trash.
13 companies are holding around 2.85% of the total supply of Bitcoin.
Yikes! That might sound like a positive thing for bitcoin, but it kind of scares me. Just imagine if just a couple of those companies needed to dump their bitcoin holdings onto the market all at once--I would hope that they'd work out private deals instead of using exchanges, but who knows?Aside from the fear of bitcoin being held by an increasingly large number of companies, I'm amazed that this is actually happening and I certainly would not have predicted corporations would start buying up bitcoin to hold as cash reserves/investment/whatever.
So 2.85% held by these companies. How much do the Winklevii twins hold? And I can't even remember how much is in Satoshi's wallet, percentage-wise. Makes me wonder how many individual bitcoin holders there really are out there.
Some say that Grayscale doesn't own any Bitcoin but that is for debate because they are Investment Trust, and their clients are buyers who own bitcoins.
It's not really much of a debate. Grayscale has cryptocurrencies under its AUM ~ Assets Under Management, this refers to the sum of an asset which a company manages on behalf of her clients, so Grayscale is sort of like a channel through which investors access cryptocurrencies.Assets in holding would refer to total assets which the company invested in, using company's funds and this would be reflected in their balance sheets. So microstrategy is risking about $425 million in Bitcoin, while Grayscale is not really risking anything, so we can not classify those assets in their AUM as holdings of the company.
https://twitter.com/Coin98Analytics/status/1315853890424717312
We heard about Square investing in Bitcoin and I am sure many of you know about Grayscale but let's look at other publicly traded companies who purchased Bitcoin.
Total value for all of them is over $6 billion or around 600,000 BTC, but I am sure there are many more who not so famous or they purchased it with some 3rd party firms.
13 companies are holding around 2.85% of the total supply of Bitcoin.
Let's compare all of them:
449,596 Grayscale
69,730 CoinShares
38,250 MicroStrategy
16,551 Galaxy digital
8,195 3iQ
5,215 BTCe
4,709 Square
2,954 HUT8
1,239 Voyager
1,053 Riot
215 digital
204 cypher punk holdings
126 argo
More detailed report on Bitcoin Treasuries website:
https://bitcointreasuries.org/
Some say that Grayscale doesn't own any Bitcoin but that is for debate because they are Investment Trust, and their clients are buyers who own bitcoins.
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