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Topic: Did You Know? - 32 Companies Now Hold Bitcoin (Read 238 times)

hero member
Activity: 2814
Merit: 578
Although the list could be not an accurate as it is but to see those companies holding a large of bitcoin makes me think again of another what if. What if all of them dump it all at once.

For sure there will be takers and the other companies and whales who would like to purchase those sold bitcoins. But having that said, I think some other companies has to be on that list that are very common and known to hold a lot of bitcoins.
if they will work together and agreed to sell their holding for a lower price, it is totally a worse thing to happen. I can really imagine a huge market drop in prices. So the hopes now that they don't communicate with each other and the keep holds as what they plan.
That's just my fear and thought but I know that many of them are firm in holding bitcoin as they've treated it as their reserve. But if that really happens, we will see a quick plummet that will definitely be on the news again to take some contributions from panic sellers.

I have noticed that Tesla holds a huge amount of Bitcoin. I'm not sure if that will be the companies asset or it was Elon Musk? It was a question since Tesla never accepts Bitcoin and it never makes sense to still hold it without getting some benefits.
It's the company's asset and if Elon has his personal holding, I think he said that it's just around 0.01 BTC or 0.05 BTC for which an obvious lie. Although I disagree to you, it makes sense to hold bitcoin to them just like the other companies despite not accepting it. They can rely on it as part of company's investment.
legendary
Activity: 2366
Merit: 1206
I thought Telsa company has been sold their all Bitcoin after Elon Musk spreading FUD on it and might the reason for having a huge dip in the Bitcoin price.
Is there anyone who can verify this because AFAIK, Tesla company now didn't accept Bitcoin anymore as payment.

But yet, this is proven that the large holders are those big institutional investors and yes, we're should be thankful to them they made the Bitcoin price up but there's a risk on them, they might become a whale when let say, 1-3 companies have the same decision of selling their assets.  It could have a huge impact on the price in the market for sure.

The thing that we consider it will become bearish when there are other companies that will follow of adopting Bitcoin and never sell it whatever happens.
legendary
Activity: 2338
Merit: 1076
zknodes.org
In the future, there may be more companies holding bitcoins because Bitcoin has been recognized as having an important role in being able to generate greater profits for the company.
however there will still be pros and cons about using Bitcoin.
Tesla is still holding bitcoin, but Tesla is no longer accepting bitcoin payments for the purchase of its products.
The more companies holding bitcoins means the more popular and profitable bitcoin is.
copper member
Activity: 166
Merit: 3
TheStandard.io
The presence of large companies holding bitcoin is also a good thing along with causing the price of bitcoin to explode to more than $60K, but also comes with a lot of risks when large companies or funds Selling a large amount of Bitcoin will cause market chaos.
sr. member
Activity: 1666
Merit: 267
As we can see it's good news for bitcoin. And it is not actually because these companies are holding btcs, but because the amount they hold are insignificant compared the the total bitcoin supply. It makes manipulation harder and the distribution truly decentralized among different individuals. There are no kings or maharajas in bitcoin environment and I believe that is why it has been working so well.

Although I'm not sure if the data is accurate or not, but this is enough to prove Bitcoin still has such great appeal to big companies.
I mean, this is good news, and it is very possible that companies that will invest in Bitcoin will increase. Since the advantage of Bitcoin is
decentralization, which makes Bitcoin uncontrollable by anyone. This is what makes many investors believe Bitcoin will be a big thing
in the future. So until now I have never hesitated to continue to collect as much Bitcoin as possible. Because if the number of companies
investing in Bitcoin continues to grow, the price of Bitcoin should also be more expensive.
hero member
Activity: 1932
Merit: 622
And from the lists, there is none from my country.
It makes sense because sometimes, many companies are still afraid to publicize their involvement in the crypto world, moreover holding Bitcoin because of the relation of any taxes. That is why many people or companies may refer to hide their Bitcoin assets, moreover, the companies are not the big and popular wone like in the list.

Btw, Tesla is in the third number, well, with that ₿ 38,300, it is sure that this company really concern with BTC, but sometimes, it is worrying because of what Elon Musk is doing to Bitcoin and crypto generally.

However, this is my first time realizing how much Bitcoin that Block. one is holding, wow
hero member
Activity: 2772
Merit: 645
No dream is too big and no dreamer is too small
Although the list could be not an accurate as it is but to see those companies holding a large of bitcoin makes me think again of another what if. What if all of them dump it all at once.

For sure there will be takers and the other companies and whales who would like to purchase those sold bitcoins. But having that said, I think some other companies has to be on that list that are very common and known to hold a lot of bitcoins.
if they will work together and agreed to sell their holding for a lower price, it is totally a worse thing to happen. I can really imagine a huge market drop in prices. So the hopes now that they don't communicate with each other and the keep holds as what they plan.
I have noticed that Tesla holds a huge amount of Bitcoin. I'm not sure if that will be the companies asset or it was Elon Musk? It was a question since Tesla never accepts Bitcoin and it never makes sense to still hold it without getting some benefits.
hero member
Activity: 2814
Merit: 578
Although the list could be not an accurate as it is but to see those companies holding a large of bitcoin makes me think again of another what if. What if all of them dump it all at once.

For sure there will be takers and the other companies and whales who would like to purchase those sold bitcoins. But having that said, I think some other companies has to be on that list that are very common and known to hold a lot of bitcoins.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
As we can see it's good news for bitcoin. And it is not actually because these companies are holding btcs, but because the amount they hold are insignificant compared the the total bitcoin supply. It makes manipulation harder and the distribution truly decentralized among different individuals. There are no kings or maharajas in bitcoin environment and I believe that is why it has been working so well.
full member
Activity: 1274
Merit: 115
★Bitvest.io★ Play Plinko or Invest!
It's great that we have so many companies that believes in Bitcoin and wanted to be part of it,
But I think there are more than just 32 what if there are others who are still discreet about them owning crypto?
It is still great that after more than a decade we now have those companies backing up crypto and for sure there would be more in the future.
hero member
Activity: 2282
Merit: 532
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
StoneRidge Holdings seems to be the best one in my view, because even before the giants they've realised the potential of bitcoin and has invested much earlier than rest of the companies. This list will turn very big in the falling years, because every large scale firm will look for an opportunity. Possibly waiting for a massive crash to pour good sum of money into bitcoin.
sr. member
Activity: 1750
Merit: 260
Binance #SWGT and CERTIK Audited
As Bitcoin continues its meteoric growth, we are not surprised at companies storing cryptocurrency as funds.  Many major companies and institutional investors buy Bitcoin as a reserve asset. It has an impact in the market but I don't think if we need to worry about it. Although they can manipulate the market, let's ride on. Only weak hands will always be the loser and the whales always waiting for them.
Some quite known personaliies worldwide have some impact on bitcoin's current price... like Elon Musks who I think just playing with the market of not just bitcoin but also some few alternate coins. Its a good news that there are big companies that put their trust on bitcoin, however those acts like Elon are doing aren't making any help on the community. Recently he received a "warning" from the Anonymous group just to share.
mk4
legendary
Activity: 2786
Merit: 3845
Paldo.io 🤖
Not even close to an accurate list.
Off the top of my head they don't have Gemini and they don't list Overstock / Medici (whatever they are calling themselves)
Has Overstock and Gemini disclosed how much bitcoin they're holding though? Assuming they actually hold bitcoin. Because if not, there's literally no data to show. Hence why even the alternative websites doesn't have both listed.

So with those two it's shown to be wildly inaccurate.
Don't see bitpay / bitrefill / bitstamp either but I am not not sure if any of them hold I would think at least one would.
As for these companies, did they even say that they hold bitcoin specifically on their balance sheets and not as assets-under-management? Safe to assume the main point of these "bitcoin treasury" websites is to list companies that actually hold bitcoin to hedge their cash. Listing exchanges would make it inaccurate because they hold bitcoin that's not necessarily theirs.
member
Activity: 909
Merit: 17
www.cd3d.app
As Bitcoin continues its meteoric growth, we are not surprised at companies storing cryptocurrency as funds.  Many major companies and institutional investors buy Bitcoin as a reserve asset. It has an impact in the market but I don't think if we need to worry about it. Although they can manipulate the market, let's ride on. Only weak hands will always be the loser and the whales always waiting for them.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
It may be taken as a good as well as a bad news.

Good - because more number of entities are holding bitcoin
Bad - because the number of whales are increasing and more the number of whales more the risk of manipulation

At the end it gives us the positive hope that bitcoin adoption is just increasing every year
sr. member
Activity: 1428
Merit: 275
BitByte Crypto: https://link3.to/bitbytecrypto
Today, MicroStrategy announces proposed private offering of $400 Million of senior secured notes to acquire additional bitcoin . And it looks like, Michael Saylor is on the mission to overtake block(dot)one in terms of hodling bitcoin and take bitcoin to the moon. Lets see who will win the race for being on the position of top institutional investor.  Grin

Reminder
  • They are tips of iceberg. There are probably more companies have investments into Bitcoin
  • They just have yet publicly announced their investments

Indeed, there are more companies outside USA which already bought bitcoin and didn't make it public yet. So actual hodlings of bitcoin by institutional investors/companies are still unkown and we can just get a rough idea of the hodlings through those websites.
copper member
Activity: 700
Merit: 120
Gamdom
Yes, because it already published by mainstream newspaper that they are buying Bitcoin and holding with a big amount of BITCOIN. It should be needed to hold more because the current market is not stable due to spreading neg news again and again. Holding will be good for now. Hopefully, the situation will overcome soon.
hero member
Activity: 1904
Merit: 510
if you think of the 32 big companies that have adopted bitcoin, I think that's a big number, maybe that's old news, maybe now the companies holding bitcoins have decreased, because they took profits, so they gave up all their bitcoins, so now there are only a few companies big companies that hold bitcoin.. we all hope that in the future bitcoin will not only be big companies that hold bitcoins, but we can also accommodate lots of bitcoins
hero member
Activity: 2408
Merit: 693
SOL.BIOKRIPT.COM
A total of 32 companies hold a total of 325,013 bitcoin and 169,279 Ethereum on their balance sheets. With the highest being block.one holding 140,000 BTC, followed by MicroStrategy holding 90,859 BTC.

Check the whole list: https://cryptotreasuries.org/

Am glad Tesla and musk not even among top holders, at least there are still up to 32 companies holding btc irrespective of this fud, this companies knows the importance of holding btc so they don't mind the rest of what people are saying about mining btc and all that, this is a sign that btc is one asset we must hold, no need to panic sell because of some irrelevant fud.
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
Thats not even a Million bitcoin worth lol, meaning still Whales are the biggest holder of bitcoin worldwide.
But indeed a good Spread here mate, this even add positive feeds for the whole community as it was slowly dropping support now.

If you look at some more accurate and complete lists you will see that the total amount of BTC held by all companies is about 8%, which filled more than 1 million BTC (1 685 391). And that's not something new, its old data, and it won't have any effect on how you say "dropping support" - weak hands have always been bad support anyway.



By the way, it doesn't make sense to quote the whole OP - your post won't look any better, quite the opposite.
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