CleanSpark, a mining company listed on the US Nasdaq, is now one of the largest corporate-based Bitcoin holders. In total, CleanSpark now owns more than 9,952 Bitcoin, representing a total value of about $1 billion.
This means it has overtaken Tesla, Elon Musk’s company, in terms of Bitcoin holdings.
CleanSpark in den Top 5
Only MicroStrategy, Michael Saylor’s company, and three other mining companies own more Bitcoin than CleanSpark.
According to data from BitcoinTreasuries, there are currently about 2.95 million Bitcoin in the reserves of companies, governments, ETFs, and DeFi protocols. Over the past 30 days, this number has increased by 2.80%.
Publicly traded companies hold a total of 593,152 Bitcoin, which accounts for about 20% of this total.
However, it is fair to say that the Bitcoin in the hands of governments has mostly been confiscated. These are not purchased coins, as is the case with MicroStrategy, for example.
More and more companies are relying on Bitcoin
Meanwhile, more and more companies are switching to the Bitcoin standard.
Recently, space technology company KULR joined the list after converting $21 million in cash into Bitcoin. The company made this decision after Matador Technologies and Quantum BioPharma also switched to the digital currency.
11 publicly traded companies bought more Bitcoin since last Monday according to @HODL15Capital
2025 is going to see a lot of corporations joining the Bitcoin standard. @saylor has written the playbook for a movement. https://t.co/gZ9Jk2oV4B
— Hunter Horsley (@HHorsley) January 5, 2025
According to Bitwise CRO Hunter Horsley, 2025 could be the year of the “Bitcoin standard” as more and more companies add the digital currency to their balance sheets.
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