The 10 Public Companies With the Biggest Bitcoin Portfolios
WEB Many important companies entered the crypto market in 2021
In 2021, there was a significant rise in institutional adoption of cryptocurrency. A number of large public companies began to add Bitcoin to their balance sheets, signaling a growing acceptance of digital assets as a legitimate investment class. As of December 2021, the 10 public companies with the largest Bitcoin portfolios were:
- MicroStrategy Incorporated (MSTR): 129,218 BTC
- Tesla, Inc. (TSLA): 43,200 BTC
- Square, Inc. (SQ): 8,027 BTC
- Marathon Digital Holdings, Inc. (MARA): 8,133 BTC
- Riot Blockchain, Inc. (RIOT): 6,656 BTC
- Voyager Digital Ltd. (VYGR): 12,118 BTC
- Bitfarms Ltd. (BITF): 3,903 BTC
- Hut 8 Mining Corp. (HUT): 5,028 BTC
- Galaxy Digital Holdings Ltd. (GLXY): 16,643 BTC
- Hive Blockchain Technologies Ltd. (HIVE): 2,526 BTC
These companies are a diverse group, representing a range of industries from technology to finance to energy. Their decision to invest in Bitcoin suggests that they believe in the long-term potential of digital assets.
WEB The 10 Public Companies With the Biggest Bitcoin Portfolios conclusion
The increasing adoption of Bitcoin by large public companies is a major milestone in the history of digital assets. It signifies a growing recognition of the legitimacy and potential of Bitcoin as an investment. As more and more companies add Bitcoin to their portfolios, it will help to legitimize the asset class and further drive its adoption.
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