Public companies That own Bitcoin | Bitcointalksearch.org

skybot13x

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Quote from: nurilham on July 29, 2021, 04:45:57 PM

Quote from: Dave1 on July 27, 2021, 08:39:37 PM

Regardless if it's missing something, the fact is that bitcoin is being viewed as a hedge and companies are putting in their balance sheet, it is already a good news for us.

Indeed, it is good news. But still curious about missing Binance on the list, while I read Coinbase above.
But seeing more and more companies take a part in Bitcoin investment, is absolutely amazing. This indicates that even the owners of big companies are confident with the future of Bitcoin. They are no longer afraid to put their money in Bitcoin as future assets.

Quote from: Dave1 on July 27, 2021, 08:39:37 PM

bitcoin is now one of the best assets, and could be in the top three, together with gold or oil. And for more in the next 5-10 years, this list could grow.

Definitely, the list will grow and show us more big companies to join. I expect that Amazon, Facebook, Mastercard, or even Google to join Bitcoin investment as well. If those companies really buy Bitcoin, then we will see the Bitcoin value growing probably above $100k.

Read: https://www.thestreet.com/crypto/bitcoin/what-big-company-will-buy-bitcoin-next

I really can't believe that list to be correct. I would expect an exchange like Binance to own possibly close to 100,000 Bitcoin or even more. Just do the calculation what they collect in fees on a daily basis and multiply it with a reasonable average factor for the time they are around. That is just insane. I once thought that the 5 biggest exchanges in the world are probably controlling most of the Bitcoin supply and can hence manipulate the market close to perfectly. Do they really convert all the fees they collect straight into fiat? I don't believe that.

Oh, and where is Craig Steven Wright on that list? He must be pissed seeing that! Tongue

nurilham

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Quote from: Dave1 on July 27, 2021, 08:39:37 PM

Regardless if it's missing something, the fact is that bitcoin is being viewed as a hedge and companies are putting in their balance sheet, it is already a good news for us.

Indeed, it is good news. But still curious about missing Binance on the list, while I read Coinbase above.
But seeing more and more companies take a part in Bitcoin investment, is absolutely amazing. This indicates that even the owners of big companies are confident with the future of Bitcoin. They are no longer afraid to put their money in Bitcoin as future assets.

Quote from: Dave1 on July 27, 2021, 08:39:37 PM

bitcoin is now one of the best assets, and could be in the top three, together with gold or oil. And for more in the next 5-10 years, this list could grow.

Definitely, the list will grow and show us more big companies to join. I expect that Amazon, Facebook, Mastercard, or even Google to join Bitcoin investment as well. If those companies really buy Bitcoin, then we will see the Bitcoin value growing probably above $100k.

Read: https://www.thestreet.com/crypto/bitcoin/what-big-company-will-buy-bitcoin-next

ven7net

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I believe that it is important for the public and the entire crypto community to know information about the companies that bought and continue to buy BTC. This information to some extent shows that BTC is becoming more and more attractive to large companies, which means that the process of adopting BTC continues and shows success. It is also very good that information platforms are emerging that share information about such companies with us.

verita1

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If these companies one day sell their bitcoin, I don't think it will be too soon. They intend to save their patrimony from the devaluation of the US dollar and inflation.
On the other hand, this analysis has a positive effect by informing on social networks how much bitcoin the public companies have.

The result is to promote bitcoin as a change in which we are all involved when buying bitcoin because we inspire trust and encourage people to invest as well.
The spread about bitcoin must be everywhere. For example, in this tweet from Binance in Spanish it says:

Quote

Have you been paid for a job at #bitcoin?

https://twitter.com/Binance_Spanish/status/1420141985176997896?s=19

As always the comments were not long in coming, I recommended bitcointalk.

Slow death

legendary

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I keep asking myself:

they are buying just to make hodl for how long?

and how can this be a good thing?

if at least we were talking about companies that are using bitcoin to make payments for things it would be a good thing, but they are doing hodl and one day they will sell, basically they are whales

ethereumhunter

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That can attract more big companies to invest in bitcoin sooner or later, driving people to follow them. Bitcoin will get more popular because this year, bitcoin seems to attract attention from those companies and make them spend big money buying bitcoin at a low price. It really helps bitcoin to be adopted in many places and I think the other countries will also follow to use bitcoin. Many things happen in the crypto world, including the good and the bad news. It will attract more people to follow the early adopter to buy bitcoin.

Ararbermas

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In the future there will be more companies will be added for sure because bitcoin adoption really increase every year so it's not surprising anymore if someday bitcoin become more inconvenient ways when it comes paying some bills and any stuff in public than other digital currency even in other countries .. Indeed companies starting to adopt this kind of stuff when their country decide as well to grab bitcoin.. So expect that soon Ukraine will added some companies as well if they started to adopt bitcoin..

Pierre Gerson

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We can't really judge the authenticity of these data, but the fact is that most companies already use Bitcoin as one of their assets.

What I can do is to judge whether Bitcoin is worth buying based on this fact.

Obviously, he is worth it. Buy and own them

maxreish

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Amazing heads up. Those public companies are started to adopt new technologies and new way of accepting digital payments. Great to see those different business that already part of this growing technology. Upgrading their company with this kind of payments and innovations makes their business grow and develop more.

dothebeats

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Cashback 15%

That's a tough list. The number 1 spot is kinda scary considering that they are slowly amassing more and more bitcoins. More bitcoins in the hands of these few companies = more chances that they control the market at their own will. While it's highly unlikely that they will band together and form a coalition of some sort to control the prices and supply, there is still that looming threat that already exists. It's good that huge companies are now recognizing bitcoin's potential, but over time, it will be detrimental as only a few entities will hold large sums of bitcoin.

oktana

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Quote from: avikz on July 27, 2021, 02:43:01 PM

As the list grows, our worries will grow as well. What started with Square and Microstrategy, is now a strong list of 37 companies owning a huge amounts of bitcoins. I am afraid that this trend will continue and more companies will join the crypto bandwagon in future...

In my humble opinion, you may be mistaken. We should be afraid if we had only 1 company pump in their funds in Bitcoin because when they make a bad announcement (like Tesla), things will go wrong. On the other hand, if they are many, the bad news from a few won't really affect the market because other companies are still firmly holding. By many companies holding Bitcoin, it makes it fair so it doesn't really rest on one company. At least we know that a hundred companies won't come out of the dark and insist on selling that bitcoins.

ilovealtcoins

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SmartFi - EARN, LEND & TRADE

With the rapid development of cryptocurrencies, big companies are not going to give up on this piece of cake. The cryptocurrency market is so new and an attractive place to make a profit. I believe that in a few years cryptocurrency will be really popular around the world. It's an inevitable trend and it's happening fast.

skybot13x

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That's an interesting overview, but I am a bit surprised by the numbers. I would have expected a company like Coinbase to own way more Bitcoin than what is said in those graphics. Does anyone know in how far those graphics are verified? Are those numbers from any published balance sheets of those companies? I guess in the case of Coinbase the answer might be that they hold a ton of other cryptocurrencies as well like ETH, BNB, XMR, etc.

aoluain

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Quote from: kaggie on July 27, 2021, 04:53:09 PM

.s n i p.

I wonder where the other 13M bitcoin are?

More and more are going into private equity companies, one of the differences is
that they dont have to make public what they own, look at Revolut who offer different
Bitcoin services to their customers, we dont know how many Bitcoin they own,
well at least I couldnt find it.

hd49728

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Not your keys, not your coins!

Quote from: Karartma1 on July 28, 2021, 05:14:42 AM

These companies and entities want your hard earned coins. If you sell these days you'll regret it in a few year times.

With $1, you are able to buy less and less number of satoshi when time goes on.
https://stats.buybitcoinworldwide.com/satoshi-per-dollar/
When you have less Bitcoin with same fiat, you have to use satoshi for transactions, not Bitcoin. $0.01 for each satoshi, can you imagine that price?

Quote

If Bitcoin were to grow to become the single world currency—replacing all those that the M1 figure is comprised of—then each BTC would be worth $1 million. Because there are 100 million satoshi in each Bitcoin, this would place the value of each satoshi at $0.01.

https://coinmetrics.io/bitcoin-an-unprecedented-experiment-in-fair-distribution/

Quote

Remember the words of Hal Finney here on the forum when he said that Bitcoin was the best bet of a lifetime. It could have been mined for pennies in 2009-2011 and look where it's now.

Why is Bitcoin’s supply limit set to 21 million?

Quote

If you own the keys, don't sell. If you can wait, wait.

To own keys, choose a good non custodial wallet. Jameson Lopp has a neat guide for wallet Recommended wallets

zanezane

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Quote from: Karartma1 on July 28, 2021, 05:14:42 AM

These companies and entities want your hard earned coins. If you sell these days you'll regret it in a few year times. Remember the words of Hal Finney here on the forum when he said that Bitcoin was the best bet of a lifetime. It could have been mined for pennies in 2009-2011 and look where it's now.
If you own the keys, don't sell. If you can wait, wait.

There should be a time when you have to sell it especially if you have accumulated enough to be safe in a lifetime, I agree that we should be hodling and not selling them because the companies will definitely benefit from all of this thing, best thing to do is buy now no matter how high the prices is and then wait for it to grow.

Karartma1

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These companies and entities want your hard earned coins. If you sell these days you'll regret it in a few year times. Remember the words of Hal Finney here on the forum when he said that Bitcoin was the best bet of a lifetime. It could have been mined for pennies in 2009-2011 and look where it's now.
If you own the keys, don't sell. If you can wait, wait.

tyz

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Quote from: BrianH on July 27, 2021, 05:09:06 PM

Really should add...
PayPal
VISA - https://www.cnbc.com/select/visa-backs-first-credit-card-to-offer-bitcoin-rewards/
Mass Mutual - https://www.lifeinsuranceinternational.com/news/massmutual-invests-bitcoin-provider-nydig/

The list in the opening post is about public companies which own Bitcoin. The three companies you provide do not directly own Bitcoin but have shares in companies which deal with Bitcoins or indirectly use Bitcoin. So they are not really qualified to be added to the list.

Lucius

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Quote from: Imran232 on July 27, 2021, 01:11:20 PM

Recently a hyped crypto project called xxxWallet shared a picture where they show about some public company and how much bitcoin they hold. I think i should share for those who Will be interested on it.

You haven't discovered anything new, these are the data that have been known for months - @fillippone opened the thread Bitcoin Treasuries on October 2020. Everyone else uses this information for their promotional purposes, as is the case with this service that promotes their wallet among other things.

Tip - let's learn to use the forum's search option Wink

OcTradism

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Quote from: nurilham on July 27, 2021, 06:23:38 PM

I am curious about how to get the data? I don't know if the list above is trustable (valid) or not, but I am surprised I can't find Binance there. Or Binance company is formally written with another name? Huh

From reports of those companies.

Another website that gives information for Bitcoin Treasuries: https://www.buybitcoinworldwide.com/treasuries/
You can use it for cross-checking with infographics from Coin98 or others. When you use given data from third party companies, it is for reference and you never knows how accurate it is.

Topic: Public companies That own Bitcoin (Read 275 times)