Public companies That own Bitcoin - page 2.

Dave1

hero member

Activity: 1414

Merit: 542

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

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.

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

In my viewpoint, it is good news that many public companies are trying to own a big number of BTC. This makes Bitcoin be more popular as a new digital asset. Then, more and more people will follow or join the Bitcoin investment because they are not afraid anymore after seeing what big companies did. However, I am curious about how the future of Bitcoin if most of the circulating supply is on the big companies. Will we see a massive manipulation on Bitcoin price among those companies?

That's what I'm saying, whether public or private companies or even countries such as Bulgaria or Ukraine, 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.

stomachgrowls

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Activity: 3010

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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

In my viewpoint, it is good news that many public companies are trying to own a big number of BTC. This makes Bitcoin be more popular as a new digital asset. Then, more and more people will follow or join the Bitcoin investment because they are not afraid anymore after seeing what big companies did. However, I am curious about how the future of Bitcoin if most of the circulating supply is on the big companies. Will we see a massive manipulation on Bitcoin price among those companies?

Binance could be completely called to be a company but we know that this is solely a cryptocurrency exchange platform which its just normal that they would really be storing or accumulating more
since this is solely focused on this market and not to those typical or common companies out there but we have seen already that Paypal had already accepted it or integrate.

Doesnt matter if the list is accurate or not but what matter most here is that there's really some progress when it comes to consideration of bitcoin existence even though some are still
on the hesitation or observation side but sooner or later they would really be having their step.

This lists would even more grow as years passed.Adoption cant really be stopped.

nurilham

sr. member

Activity: 1498

Merit: 443

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

In my viewpoint, it is good news that many public companies are trying to own a big number of BTC. This makes Bitcoin be more popular as a new digital asset. Then, more and more people will follow or join the Bitcoin investment because they are not afraid anymore after seeing what big companies did. However, I am curious about how the future of Bitcoin if most of the circulating supply is on the big companies. Will we see a massive manipulation on Bitcoin price among those companies?

TimeTeller

hero member

Activity: 2744

Merit: 588

Quote from: Boov on July 27, 2021, 05:33:05 PM

Great, this is going to be a good impact to all people who wanted to be aware on those companies that really adopted bitcoin in the first place.
This will be a living proof to someone who still not convinced about Bitcoin's usefulness to human lives. Some of them still has the perceptions about scam of whatsoever negative thoughts against it.
Much better this will be opened to public, it could probably let the whole world achieve more confidence instead of being hesitant about what really bitcoin was.

Most individuals who are still thinking that bitcoin is scam are those who don't find time to educate themselves about its true nature.
I believe, aside from this publicly listed companies who are currently in possession of btc, there are also many private companies who are also holding.
But this data, will give the notion that there are really companies who are heavily investing in crypto, btc in particular.

Boov

sr. member

Activity: 868

Merit: 256

Great, this is going to be a good impact to all people who wanted to be aware on those companies that really adopted bitcoin in the first place.
This will be a living proof to someone who still not convinced about Bitcoin's usefulness to human lives. Some of them still has the perceptions about scam of whatsoever negative thoughts against it.
Much better this will be opened to public, it could probably let the whole world achieve more confidence instead of being hesitant about what really bitcoin was.

marine4u

full member

Activity: 673

Merit: 106

Really surprising, MicroStrategy has been quite quiet in recent times but still owns and hosts the top #1 bitcoin vault. Well deserved, I think there are millions of retailers also hoarding bitcoin, they do it for survival, especially when the world economy is slowly eroding and being bankrupted by covid 19 - harshness

Shenzou

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Activity: 1400

Merit: 283

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. Considering the amount of cash reserve these corporates control, they can eventually become the driving force in crypto market. That's what we certainly want to avoid.

The involvement of corporates was initially felt great but it is pushing bitcoin towards centra8and providing power to these corporates to manipulate the market with their PR strategies and power of numbers. Not really a matter to cheer about!

I agree as much as we like to see more and more companies start accepting bitcoin as a payment method, the more they hold bitcoin over us the more they are able to control the drive of the price and this will hurt bitcoin and crypto more than it will be good for it especially for people who have supported bitcoin for a long time and than to have it ruined by these major co.

BrianH

sr. member

Activity: 280

Merit: 253

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/

kaggie

sr. member

Activity: 333

Merit: 506

Coinbase only has 5k? Wow.

Not public companies, I guess, but in exchanges:

Binance 288k
Bitfinex 178k
OKEX 85k+68k
Huobi 78k
Bittrex 40k

Grayscale has about 600k.

So, with the public companies, these exchanges, and with Grayscale, we are at about 1.5 M coin accounted for.
The Winklevoss had at one point 700k. Barry Silbert 100k. So, that's 2.3M accounted for.
There are 3.5 M addresses that have been dormant since 2015. So, 5.7M accounted for.
Mircea Popescu claimed 1M, but whether that's true..

I wonder where the other 13M bitcoin are?

Upgrade00

legendary

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Playgram - The Telegram Casino

Quote from: BlackHatCoiner on July 27, 2021, 03:14:46 PM

Shouldn't Grayscale be part of this? They hold around seven times what MicroStrategy does.

This could be because Grayscale does not actually hold Bitcoins which they purchased with their cash reserves, they only serve as a means by which institutional investors can buy into bitcoins without having to go through the hassles of an exchange, so basically, they hold funds for others and do not really hold those coins.

BlackHatCoiner

legendary

Activity: 1512

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Farewell, Leo

If only the chairman of #1 stopped tweeting bullshit to hype the market. Dear Lord, as long as you keep seeing it, it becomes even greater. One hundred and five thousands bitcoins. Lots and lots of non-spendable outputs!

Imagine the place MicroStrategy keeps the keys. My guess is that it's a multi-signature business.

Shouldn't Grayscale be part of this? They hold around seven times what MicroStrategy does.

avikz

legendary

Activity: 3080

Merit: 1500

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. Considering the amount of cash reserve these corporates control, they can eventually become the driving force in crypto market. That's what we certainly want to avoid.

The involvement of corporates was initially felt great but it is pushing bitcoin towards centra8and providing power to these corporates to manipulate the market with their PR strategies and power of numbers. Not really a matter to cheer about!

Imran232

full member

Activity: 700

Merit: 182

Because of bitcoin untouchable price for little and mid range investors they are always interested to know about those people who owns the highest bitcoin. But because of its privacy its almost impossible to know about then those who want to hide them. But there had lots of rumers. But some of company because of government policy and stay away from future problem they announced their investment in bitcoin. How much they buy bitcoin they update about it every time. From them some of try to manipulate market but some of companies support bitcoin. Because of them bitcoin got more attention to users. And we want to know about those companies but its tough for us to research and know we can just follow some leading researcher to know about it.

Recently a hyped crypto project called Coin98Wallet 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.

Topic: Public companies That own Bitcoin - page 2. (Read 276 times)