Topic: What are some major institutions investing heavily in bitcoins in 2024 ? (Read 435 times)

Top 10 Bitcoin Holders: Who Owns the Most BTC? (2024)



These companies hold large sums of Bitcoins and can be considered whales who have great influence on crypto market. They have potential to cause deep damage to BTC, through crashing the price by dropping huge supply of coins for sale, or they can be powerful guardians of Bitcoin's stability, by simply holding those coins they have, even during harsh times when other whales are playing and manipulating the market, crashing the prices to bottom levels.

From the ones above, I think MicroStrategy is the most consistent investor so far. They have been acquiring Bitcoin since a long time ago, always supporting it during the hard times when media and economists launched their strikes against Bitcoin by claiming it was a Ponzi or dead currency. Always Bitcoin loses price, MicroStrategy immediately announces they are going to purchase more coins, what really helps to at least maintain the optimism of investors balanced.

MicroStrategy seems to be one of the consistent institutional investors in the Bitcoin space. This firm has consistently increased its Bitcoin holding over time and has never sold for a long time. I don't consider Telsa a reliable Bitcoin investor because of their inconsistency. Elon Musk once announced that they would never sell their Bitcoin but the firm later published that it has sold some of its coins. Considering the approval of Spot Bitcoin ETF it will be difficult to predict Bitcoin investors for this year because more institutions are showing more interest in the sector.

The impact can be positive and also negative. Buying more Bitcoin will increase the demand thereby causing a price increase. But these institutions can also influence the market when they sell their hodling which might make the price drop. However, institutional investors also increase Bitcoin awareness and adoption.

Yes I agree with you all the institutions that have invested in Bitcoin are definitely big, and not even one or two institutions have invested in Bitcoin and millions of institutions have invested. Some firms may not have disclosed their investments and many large firms have disclosed their investments.

Some of these predictions seen unreliable.The 2024 Bitcoin halving is expected to happen on April 17, 2024, and is being highly anticipated.
 The bitcoin halving event is going to take place soon and every bitcoin user,miner and investors are enormously prepared for whatever outcomes of the halving event.You see,bitcoin is the oldest and most well known cryptocurrency so far,and its increase in market can lead to economical outburst for other cryptocurrencies.It's unlikely for it to run out of supplies so easily.
No one knows what could happen because of this bitcoin's evolution;bitcoin,the biggest cryptocurrency is about to evolve in a new phase and most prominent institutions wants to be a part of it,this could lead to an increase in the global financial technology/markets.

There is no any future repercussion because bitcoin is still under a decentralized network and will always remain like that, they are the same as someone like me and you, who could take advantage for an investment and hold, they only invested than you do because of their capacity in doing so, which has no any negative influence to seeing bitcoin centralized one day, or hype or lower it market price or value in the future.

  As others have touched on I think that due to the policies of the government favoring the continued devaluation of the dollar, corporations see it as currency hedge, inflation hedge, and a store of value not particularly correlated to any other asset. So it seems for them a good place to allocate a portion of the cash on their balance sheet since it has limited supply coupled with apparent increasing demand.
  To see whether Bitcoin is a good investment as a crypto digital asset, we can see the movement of the Bitcoin price since the early stage at around 2009/2010 up until now in April 2024. I am sure that one can agree that Bitcoin is the best investment going back to the last 10 years. But, how about the next 10 years? This is where one has to do their own research even though there is no guarantee that bitcoin will keep going up in the price. Since bitcoin is a limited “commodity” and the demand keep increasing , we can safely say that the probability is high that the price of bitcoin is going to go sky high in the future. As the anonymous founder of bitcoin Satoshi Nakamoto said ( in my own words of course) buy some bitcoin just for the taste of it so that if the price is shooting to the moon in the future, at least you got some.

That is the price we have to pay when we always want bitcoin to be legalized by the government, want bitcoin to become popular globally, and when those things happen, large organizations or governments will also invest in bitcoin and manipulation is inevitable.

Every time people see bitcoin going up in price and people get excited and excited about the bitcoin ETF being approved and being the catalyst, but they forgot to think about the prospect that one day these large funds will sell bitcoin to the market. Then it will cause a big drop and panic, and this is the downside when we want bitcoin to become bigger.

I just found out that this Tesla now accepts Bitcoin. Did I understand correctly? Well, honestly speaking, in some other way, what institutional investors are doing after the SEC US did what they did with the bitcoin spot Etf is also a bit worrying.

Think about what institutional investors are doing today: just collecting Bitcoin. While they hold Bitcoin, the number of bitcoins in circulation in the market is now decreasing. Then we have no idea when they will sell their bitcoin holdings. It's like, from another angle, I'm concerned.

But you forget one thing that Grayscale is the company that has been selling bitcoin continuously for the past several days, they are the ones who have been selling large amounts of bitcoin every day since the bitcoin ETF was approved. There are even many days when the amount of bitcoin that Grayscale sells is more than the amount of ETF funds like BlackRock buy in, causing negative cash flow into the market and that is the reason why bitcoin has recently declined. This shows that there will always be advantages and disadvantages when the market has the participation of large investment funds. They can be a catalyst for bitcoin prices to rise, but they can also cause bitcoin prices to plummet.

This is the nature of financial markets and bitcoin is no exception. Never trust or put your trust in any organization or company, only trust in your own investment. I find it funny that many people are so naive to believe MicroStrategy's statement that they would never sell their bitcoins, and many take it as fact, LOL.

The market is like a battlefield, no one brings large amounts of money here for charity, MicroStrategy is not so good that it spends a huge amount of money to buy our bitcoins at high prices and will never sell them. Just because they haven't sold yet, doesn't mean they never will, they are whales and invest large amounts of money so they will have bigger goals than us. Sooner or later, these institutions will sell their bitcoins and when they do, we will see panic in the market.

To say which companies or institutions are worth investing in bitcoin, it is difficult to say, perhaps the same institutions that have already invested, Microstrategy, among others , I could think that when we are looking for intelligent companies they can pretend to be anonymous, not many They like to talk about their movements of money, now more than ever that there is so much talk about anonymous apivacity, that is why some institutions remain there, Advancing, then it can be concluded that institutions must be managed according to the knowledge they have, not It is the same whether companies that are new or that have almost no capital are going to invest, they have to be companies, institutions that are very good in every sense, so much so that they give them money for long-term investment, because here it is appr long term.

I'm not sure about other major institutions that are investing in Bitcoin but I'm very sure that MicroStrategy has been investing heavily in Bitcoin and they will continue their aggressive accumulation of Bitcoin.

Other than MicroStrategy, the ETF based institutions are also holding and accumulating Bitcoin and I believe they were the main cause of Bitcoin's price growth in March of this year.

If we look deeply then I'm sure Grayscale is still going to be on the top because their parent company Digital Currency Group still comes on top when it comes to Bitcoin accumulation.
 

At the end of the day it's all about profit, no institutional or large corporate investor avoids big profits.
Tesla is even too quick to take advantage of the regulatory and taxation issues they will face, of course,
it will reduce their profits and eventually have to sell about 75% of their ownership but then in 2024 buy back.

And big companies like MicroStrategy, Blackrock etc. are just holding back longer to accumulate more Bitcoins.
There are times when they will drop some of their Bitcoin to take profits, of course this is very normal,
but it will cause the price of bitcoin to drop and retail traders start to panic.

Panic will only be cheaper repurchases for large companies.
Nothing can stop big companies from continuing to buy or sell, they have more money, and it is easier to manipulate and speculate.

Well, there are many of them to be honest, and personally, I won't be able to name them all, but first, we much recognize Microstrategy for that company's strong and unwavering believe in the the future of bitcoin and cryptocurrencies in general.

And after bitcoin Spot ETF was approved, major asset holders like Blackrock, Grayscale, Vanguard and so on and on all purchased various numbers of bitcoin, and even after the ETF was approved, I trust that this institutions plus alot of others have also purchased a lot of bitcoins as well.

Tesla is also a very popular name in the world of bitcoin investment, Elon musk announced when tesla bought its bitcoins, but later on, also announced when tesla also sold some of the bitcoin, and till date, Elon musk have never made any annoument again on Tesla selling it's remaining part of bitcoin they bought, which suggests that the company is still holding the remaining part of their bitcoin stash they kept after selling some.
Elon musk himself, I believe owns alot of bitcoins.

And speaking on the effect this has, or will have on the price of bitcoin, what other effect will it have if not that this will make the price of bitcoin go up significantly in the future, all this names are really big names and are likely not to sell their bitcoins anytime soon, so, while all this bitcoin are held in wallets that may never move them for several years from now, there are less bitcoin in the market and the more demand for bitcoin increases, so will the price of bitcoin as well will increase.

There is no doubt in what you have said, because if those other companies are serious about buying Bitcoin consistently with their strategy, they definitely will be very popular, like Micro Strategy, Black Rock, and Tesla. 

It is only when someone carries out a random search about a big investor in Bitcoin that they can come across the names of several Bitcoin investors, while an average Bitcoiner would first mention Micro Strategy as the big investor in Bitcoin because of how popular the name has become and how consistent they are in steadily buying Bitcoin. 

1. Large financial institutions such as JPMorgan Chase, Goldman Sachs, and Citibank.
2. Hedge funds like Renaissance Technologies and Bridgewater Associates.
3. Technology companies such as Square and MicroStrategy.
4. Sovereign wealth funds from countries like Singapore and Norway.

In the short term, this is positive, but I fear these massive players are nothing more than an attempt at control and mass accumulation. What I fear the most is what will happen when the supply dries up, and the only people holding are these traditional industries—everything that Bitcoin should be going against.

Well, there are companies that got their Bitcoin ETF approvals this year. If I got it right (because it turned out to be harder to find this info than I anticipated), they include Grayscale, BlackRock (iShares), Fidelity, VanEck, and some others. Then there's, of course, MicroStrategy, famous for its Bitcoin investments. So it seems that at least several major investment companies adopted Bitcoin, and I suppose the premature Bitcoin bull market can be attributed to that. We've already seen what the anticipation of approval at the end of last year and the actual approval this year got us in terms of the price: Bitcoin fully recovered and established a new ATH point. But I think we've already got all or most of the growth that comes from solid investments by big companies.

Except for Microstrategy, all these other companies are real dwarfs with their investments considering how much they are actually worth. It seems to me that some of these companies are buying Bitcoin just to draw a little more attention to themselves, but they are far from serious investors.

As for Tesla and their great leader, some information appeared that they started buying BTC again, although some say that it might just be an accounting error.

They are business corporations and investors, what do you expect from them? Not only Tesla, but also Blockrock or MicroStrategy...any institution is investing in bitcoin to make profits. If they haven't sold their bitcoins yet, you consider them angels but when they take profits and dump their bitcoins you will soon call them bastards like Tesla. Whatever you consider bitcoin to be, they don't care and for them it is a financial market, a place for them to make profits and earn the profits they need to buy and sell.

Also, you feel uncomfortable with them investing in bitcoin but is there anything you can do to stop them? No, there's nothing you can do. So ignore what they do, adapt to everything and focus on your investment. That's something you and we can do.

Wow, the 2nd in the leaderboard is so far from the 1st place, that's a really good way to see how dominant MicroStrategy is when it comes to bitcoin accumulation, there's got to be a threshold as to when they're going to sell any amount of that bitcoin, definitely not a bad idea if they do right now and it's going to be chaotic for the market if they ever sell because it's definitely going to make the price go down once MS takes profit and a lot of these companies in the leaderboard will definitely follow MS and take their own profits, we're going to see bitcoin go down more than we've ever seen, that's a guarantee and with that possibility it's probably a good idea to start saving some fiat now and be ready for the case that you're going to need to buy because of how low the price of bitcoin is.