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Topic: MicroStrategy positioned #1 BTC holder, Tesla still at #2nd! - page 2. (Read 225 times)

sr. member
Activity: 287
Merit: 368
"Stop using proprietary software."
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.
legendary
Activity: 3024
Merit: 2148
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.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
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.
legendary
Activity: 2310
Merit: 1035
Not your Keys, Not your Bitcoins
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.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
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.
hero member
Activity: 1778
Merit: 722
Leading Crypto Sports Betting & Casino Platform
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.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
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.
legendary
Activity: 4410
Merit: 4766
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
hero member
Activity: 1358
Merit: 851
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.
full member
Activity: 1092
Merit: 227
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.

Quote
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
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