Author

Topic: Public companies That own Bitcoin (Read 276 times)

sr. member
Activity: 616
Merit: 251
July 29, 2021, 06:53:18 PM
#33
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.

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
sr. member
Activity: 1498
Merit: 443
July 29, 2021, 04:45:57 PM
#32
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.

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

full member
Activity: 1946
Merit: 112
July 29, 2021, 02:09:18 PM
#31
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.
member
Activity: 1358
Merit: 81
July 29, 2021, 02:07:03 PM
#30
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

As always the comments were not long in coming, I recommended bitcointalk.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
July 29, 2021, 01:23:33 PM
#29
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
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
July 29, 2021, 01:11:02 AM
#28
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.
sr. member
Activity: 2016
Merit: 283
July 28, 2021, 09:57:35 PM
#27
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..
newbie
Activity: 14
Merit: 1
July 28, 2021, 09:38:05 PM
#26
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
sr. member
Activity: 1330
Merit: 326
July 28, 2021, 07:40:10 PM
#25
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.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
July 28, 2021, 04:07:42 PM
#24
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.
sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
July 28, 2021, 03:44:26 PM
#23
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.
sr. member
Activity: 1246
Merit: 263
SmartFi - EARN, LEND & TRADE
July 28, 2021, 03:35:08 PM
#22
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.
sr. member
Activity: 616
Merit: 251
July 28, 2021, 03:20:25 PM
#21
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.
legendary
Activity: 2436
Merit: 1362
July 28, 2021, 01:45:12 PM
#20

.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.



legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
July 28, 2021, 11:16:57 AM
#19
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
full member
Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
July 28, 2021, 05:21:22 AM
#18
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.
legendary
Activity: 2310
Merit: 1422
July 28, 2021, 05:14:42 AM
#17
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
legendary
Activity: 3360
Merit: 1533
July 28, 2021, 05:09:31 AM
#16

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.
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
July 28, 2021, 05:05:09 AM
#15
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
hero member
Activity: 1722
Merit: 801
July 27, 2021, 11:06:07 PM
#14
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.
hero member
Activity: 1414
Merit: 542
July 27, 2021, 08:39:37 PM
#13
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.

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.
hero member
Activity: 3010
Merit: 794
July 27, 2021, 06:31:32 PM
#12
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.
sr. member
Activity: 1498
Merit: 443
July 27, 2021, 06:23:38 PM
#11
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?

hero member
Activity: 2744
Merit: 588
July 27, 2021, 05:42:21 PM
#10
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.
sr. member
Activity: 868
Merit: 256
July 27, 2021, 05:33:05 PM
#9
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.
full member
Activity: 673
Merit: 106
July 27, 2021, 05:29:53 PM
#8
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
sr. member
Activity: 1400
Merit: 283
July 27, 2021, 05:13:28 PM
#7
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.
sr. member
Activity: 333
Merit: 506
July 27, 2021, 04:53:09 PM
#5
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?
legendary
Activity: 2114
Merit: 2248
Playgram - The Telegram Casino
July 27, 2021, 03:54:22 PM
#4
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.
legendary
Activity: 1512
Merit: 7340
Farewell, Leo
July 27, 2021, 03:14:46 PM
#3
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.
legendary
Activity: 3080
Merit: 1500
July 27, 2021, 02:43:01 PM
#2
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!
full member
Activity: 700
Merit: 182
July 27, 2021, 01:11:20 PM
#1


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.
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