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

legendary
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Controversial opinion. MicroStrategy is neither number one nor bitcoin hodler. In order to be considered a bitcoin hodler, one must first take custody of one's bitcoin and control it with one's own private keys through non-custodial software or hardware wallets without relying upon any third-party custodians or other services like centralized exchanges. Bitcoin holdler that is always tending to have full control over and access to his bitcoin is never using his bitcoin as collateral for loans to gain additional yield in fiat terms because it implies bitcoin being handed over to a third party which is antithetical to bitcoin hodling. Bitcoin hodler doesn't store their savings on a centralized exchange like Coinbase because exchanges are very vulnerable to hacks, regulations, government seizure, closure, and bankruptcy. Most likely, most centralized exchanges are running their business on fractional reserves and therefore are insolvent and fraudulent by their nature. A rational bitcoin hodler would avoid using centralized exchanges and third-party custodians because it is too risky and unnecessary at the same time. Michael Saylor and his company do everything a true bitcoin hodler would not.
hero member
Activity: 3178
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www.Crypto.Games: Multiple coins, multiple games
Wrong. This list pertains to companies and individuals who have been identified and who have no issues revealing themselves. What about people like Satoshi etc who haven't revealed themselves op?

Some of them are way bigger BTC HODLERS in comparison which is why your list and the title of this particular thread isn't entirely accurate op.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
The good thing is that there are still many investors and compainices who would be buying in the future. The ones who are are buyng now will not dump them bitcoin anytime soon. The big inevstors have a miniset for long term investments so even if they buy more bitcoin, it won't be a threat to the bitcoin holders. Soon people will realze that they have to pay a lot more amount of money to buy small quanity of bitcoin due to high demad and limited supply.
Bitcoin is the future so yes that is for sure. Bitcoin is dipping now so expect that more are buying than dumping but you cant say that they wont sell soon. What if the price recover? I think some are going to cash out for some profits although some will remain because they are aiming for a higher returns.

I do not think that small investors are going to hate big investors but they are going to be more happy when big investors invest because that can up the price of the coins  but someone think it is bad because it can cause for the coins to be more centralized. No surprised that tesla positioned second because Elon has lots of excuses in bitcoin.
sr. member
Activity: 2380
Merit: 366
It seems MicroStrategy's Michael Saylor is making up fast for coming to Bitcoin rather late. For just a few years and with Bitcoin's price rising to tens of thousands, MicroStrategy still managed to grab a lot of Bitcoin to rise to the position of number one Bitcoin holder. By the looks of it, Saylor's MicroStrategy isn't done stacking up more Bitcoin yet. Elon, on the other hand, is not really a solid Bitcoin fan, although I also don't think he is deeply convinced that there is an altcoin stronger than Bitcoin feature-wise.
sr. member
Activity: 1274
Merit: 293
Nothing has changed for a long time huh? I hope that another company gets in because that will definitely stimulate the competition between these institutional whales to the point that they would be buying more bitcoin again to keep their position in the leaderboard. I believe that when that happens, prices will start going up again, my only hope is that when this happens I will have bitcoin in my possession to get some profit.
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
Looking at the figures I realize that MSTR owns more than 0.5% of the total supply. I think Saylor is on its way to buying 1%. And more. If we take into account that many were lost, that is a considerable amount to own by a single institution. If he does well, he will become one of the richest people in the world. It is not that he is now poor, but he will be among the top.

Thats freakishly huge number if you ask me. It may be possibility that they are upto 1% goal but it could be just our imagination and they might be just flooding their wallets with as much bitcoin as they would. Its really amazing to see how this guy is all over the bitcoin now.

The more he posses the more he is threat to us as solo investor. Lolz. I hope that he does not have any intentions like that and it would be bad to think it that way. It might be that he just wanna be that top of world guy with the bitcoin in possession.

Owning more than 0.5% is nothing but frankly speaking the number will surely keep rising along the way. Lets hope it does not reach out 10%. Then that would fearsome for us.

The good thing is that there are still many investors and compainices who would be buying in the future. The ones who are are buyng now will not dump them bitcoin anytime soon. The big inevstors have a miniset for long term investments so even if they buy more bitcoin, it won't be a threat to the bitcoin holders. Soon people will realze that they have to pay a lot more amount of money to buy small quanity of bitcoin due to high demad and limited supply.
hero member
Activity: 3150
Merit: 937
I assume that there are many corporations and institutional investors,that are HODLing Bitcoins,but most of them simply don't want to disclose the fact that they are owning Bitcoins.
Companies like Grayscale and Microstrategy are well known for bragging and publicly stating that they have multiple Bitcoins in their balance.Tesla has BTC,but Elon Musk will keep trolling and saying stupid shit.
To be honest,I don't really care about such "Top 10 Bitcoin HODLers" lists.Does this even matter for the Bitcoin community?Will there be a significant change,if another company dethrones Microstrategy or Greayscale from the top position or Tesla from the second position?I don't think so.
legendary
Activity: 3234
Merit: 1214
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Looking at the figures I realize that MSTR owns more than 0.5% of the total supply. I think Saylor is on its way to buying 1%. And more. If we take into account that many were lost, that is a considerable amount to own by a single institution. If he does well, he will become one of the richest people in the world. It is not that he is now poor, but he will be among the top.
None knows whether MicroStrategy was holding bitcoin prior to August 2020. During the month of August 2020 it converted around $250m in cash holdings to cryptocurrency. This is the first public company to do it. Within 1.5 years time it has been holding more than 0.5% of the total supply. So, reaching 1% doesn't look like a big deal for MicroStrategy. Possibly by the next year same time MicroStrategy will hold more than 1%
full member
Activity: 1848
Merit: 158
Looking at the figures I realize that MSTR owns more than 0.5% of the total supply. I think Saylor is on its way to buying 1%. And more. If we take into account that many were lost, that is a considerable amount to own by a single institution. If he does well, he will become one of the richest people in the world. It is not that he is now poor, but he will be among the top.

Thats freakishly huge number if you ask me. It may be possibility that they are upto 1% goal but it could be just our imagination and they might be just flooding their wallets with as much bitcoin as they would. Its really amazing to see how this guy is all over the bitcoin now.

The more he posses the more he is threat to us as solo investor. Lolz. I hope that he does not have any intentions like that and it would be bad to think it that way. It might be that he just wanna be that top of world guy with the bitcoin in possession.

Owning more than 0.5% is nothing but frankly speaking the number will surely keep rising along the way. Lets hope it does not reach out 10%. Then that would fearsome for us.

I don't think it will be on his interest if he will manipulate the market. Though the percentage he owns is still small one as compared to the circulating supply, still it will make a dent if he decides to sell large portion of his stash. This is because, it may possibly create panic for some holders and would influence others to sell. But anyway, we don't know if they are indeed the top holders in this market. This is what we know but for those who are silently holding and accumulating their btc, we have no information about that.
hero member
Activity: 2114
Merit: 603
Looking at the figures I realize that MSTR owns more than 0.5% of the total supply. I think Saylor is on its way to buying 1%. And more. If we take into account that many were lost, that is a considerable amount to own by a single institution. If he does well, he will become one of the richest people in the world. It is not that he is now poor, but he will be among the top.

Thats freakishly huge number if you ask me. It may be possibility that they are upto 1% goal but it could be just our imagination and they might be just flooding their wallets with as much bitcoin as they would. Its really amazing to see how this guy is all over the bitcoin now.

The more he posses the more he is threat to us as solo investor. Lolz. I hope that he does not have any intentions like that and it would be bad to think it that way. It might be that he just wanna be that top of world guy with the bitcoin in possession.

Owning more than 0.5% is nothing but frankly speaking the number will surely keep rising along the way. Lets hope it does not reach out 10%. Then that would fearsome for us.
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
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.

The old news is that T sold 10% of the total Bitcoin purchased, but only that as Mr.Mars claims for the purpose of market testing.

‘Tesla only sold ~10% of holdings to confirm BTC could be liquidated easily without moving market.

Its investment is actually quite insignificant if we take into account what wealth it has at its disposal compared to MicroStrategy. Therefore, no one should worry too much about what his company will do with some 40 000 BTC, because it has shown that it does more harm than good for Bitcoin in general. I wouldn’t be surprised if at one point he decides to replace all Bitcoin with wow-wow coins, at least judging by the latest tweet🍔
legendary
Activity: 1372
Merit: 2017
Looking at the figures I realize that MSTR owns more than 0.5% of the total supply. I think Saylor is on its way to buying 1%. And more. If we take into account that many were lost, that is a considerable amount to own by a single institution. If he does well, he will become one of the richest people in the world. It is not that he is now poor, but he will be among the top.
copper member
Activity: 2156
Merit: 983
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hahahah microstartegy always buy more and after all they still profitable if we looking the average buying and as you might know There bunch company that will join crypto industry i think tesla will buy more if the board aggree with the payment of bitcoin but all we need is wait and see
full member
Activity: 1092
Merit: 227
Grayscale by definition:

~snip
Quote

What is Microstrategy planning? I know that Elon Musk loves going the route of perpetually Bullish with bouts of scary FUD whenever he is planning to buy more, at least when it comes to dogecoin, which has a smaller market cap and is therefore much easier to manipulate. I would love to know how long term this bitcoin hording strategy of Microstrategy will be...

With any luck Microstrategy might even prove itself a gift for hodlers everywhere and a steady pillar against whale manipulations.

I don’t think they are planning anything here, they are just being strongest players in the crypto world. They definitely love bitcoin and know it’s value.

Imagine bitcoin value reaching million dollar, booom Michael  is gonna go crazy.

So they planning to be ahead of everyone and want to be RICH fish around the globe.
legendary
Activity: 2240
Merit: 1993
A Bitcoiner chooses. A slave obeys.
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

What is Microstrategy planning? I know that Elon Musk loves going the route of perpetually Bullish with bouts of scary FUD whenever he is planning to buy more, at least when it comes to dogecoin, which has a smaller market cap and is therefore much easier to manipulate. I would love to know how long term this bitcoin hording strategy of Microstrategy will be...

With any luck Microstrategy might even prove itself a gift for hodlers everywhere and a steady pillar against whale manipulations.
legendary
Activity: 2436
Merit: 1362
From the link in the OP

Quote
While at least 26 publicly traded companies hold bitcoin, just one owns more
than half of all cryptocurrency on corporate balance sheets.

Can any public company catch up? it looks like Microstrategy has approximately
3 times more than Tesla.

There has been talk that because of the recent down turn Microstrategy might sell because
of potential internal pressures but I recon they will just buy more.

Saylor takes the saying "put your money where your mouth is" to a new level.
hero member
Activity: 3080
Merit: 603
About Tesla, did Elon or his company really dumped that much at all? From what I remember, he said that they haven't sell from that purchase they've made. But maybe he's lying, and what I read from someone is that before he dumps, he's giving a hint on it, not actually a hint or a clue but he's literally telling that he's going to dump. Just like what he did with his Tesla stocks. He publicized it before he dumped that billion worth of stock.
hero member
Activity: 1554
Merit: 880
pxzone.online
It's really awe to think how saylor is determined to be in top, but it's actually way more scary to think that, well this is a business, they have a schedule when their selling time, so every future microstrategy's actions particularly for selling their bitcoin will probably plunge the bitcoin price way more deeper than we could imagine before, particularly in 2020
legendary
Activity: 2394
Merit: 2223
Signature space for rent
There is a lot of secrets that we aren't aware of it. It's because we really can't trace them who bought a bigger amount. Anyone could accumulate without announcement or could sell as well. Isn't possible they just announce once they buy and hide during the sale? Or do they buy more and hide a part of it to sell during the pump? It doesn't matter who is the big holder. It's a matter of who adapts more. Seems Elon not adapting Bitcoin right now and concentrate to adapt Dogecoin.
hero member
Activity: 2044
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Leading Crypto Sports Betting & Casino Platform
From the total list of 26 companies, only 3 businesses belong to the Software sector, while 15 are exclusive from crypto industry (mining, exchange or investment firm). More than half of the institutional investors from the top 26 are actually crypto businesses. It gives an impression mainstream companies are still avoiding bitcoin on their treasuries.

It's very nice to see a strong adopter like MicroStrategy always supporting bitcoin during its hardest moments, but without competition it doesn't make much sense. Because it's competition which keeps any markets alive and thriving. That means, more companies purchasing and accumulating bitcoin at same time. Hegemony isn't good in this case...
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
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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
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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
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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
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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
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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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