Top 10 corporations that hodl BTC

Between July 1 and August 23, Microstrategy purchased another BTC for $ 177 million. This means that the company’s total BTC is worth $ 5.3 billion. In addition to MicroStrategy, there are many other publicly traded companies that have significant exposure to BTC. Here is the Top 10.

Top 10 companies with exposure to BTC

1. Tesla

Tesla entered the sector with monster purchase earlier this year, with its current share of 42,902 BTC worth an incredible $ 2 billion today. Despite some controversy, the latest news revealed that EV giant Elon Muska did not sell even half of his position.

2. Galaxy Digital Holdings

The institutional heavyweight in high finance, Galaxy Digital Holdings, now has about 16,400 BTCs worth $ 784 million.

3. Voyager Digital Limited

Voyager Digital’s 12,260 BTC, worth approximately $ 586 million, today represents a nice liquidity fund to support its digital asset exchange.

4. Square Inc

CashApp, Square Inc., the operator of the fast and easy digital payment application, soon joined BTC with large purchases to support custody services. After several more purchases, it now owns 8,207 BTC worth about $ 392 million.

5. Marathon Digital Holdings

As it rapidly expands its North American mining operations, Marathon Digital Holdings now plans about $ 5,784 BTC worth $ 276 million.

6. Coinbase Global

Coinbase shares have not performed very well since listing in April 2021, possibly due to the timing of the market with large selections of BTC bulls and the subsequent surrender following the launch of the Nasdaq. The company holds 4,482 BTC worth $ 214 million. The company also outlined plans to continue to accumulate additional digital assets in the near future.

7. BTC Group SE

BTC Group SE is a German cryptocurrency venture capital company in Herford that helped create the country’s first cryptobank from the first investments in local crypto exchanges. The company has approximately 3,947 BTC worth $ 188 million.

8. Hut 8 Mining Corp

Hut 8 is a Canadian mining company that has held a nice 3,522 BTC. These cost about $ 168 million or $ 212 million today.

9. Riot Blockchain

With approximately 2,243 BTCs on its balance sheet of approximately $ 107 million, Riot has become the largest publicly traded BTC company after opening its mining operations in Rockdale, Texas.

10. Silvergate

California-based Silvergate Capital (also known as Silvergate Bank) began providing digital services to customers years ago. In the second quarter of 2021, it recorded $ 4.3 billion in cryptocurrent deposits from clients.

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All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.