Public companies are increasingly buying Bitcoin as a reserve asset, with significant holders emerging over recent years. The top among them is Strategy (formerly MicroStrategy), holding 628,946 BTC valued at over $73 billion, making up more than 2.8% of the total Bitcoin supply. Next is Marathon Digital Holdings, with 50,639 BTC, followed by Twenty-One (XXI) expected to hold around 43,514 BTC upon its public launch. Other notable holders include Bitcoin Standard Treasury Company, Riot Platforms, Metaplanet, Trump Media & Technology Group, CleanSpark, Coinbase, and Tesla, each having substantial Bitcoin reserves worth billions. Tesla, for instance, holds 11,509 BTC, valued at about $1.35 billion. The companies on this list demonstrate a shift in corporate finance strategies, actively embracing Bitcoin to enhance their balance sheets and signify a landmark change in institutional investments in cryptocurrency.

Source 🔗