Major institutional investors, including publicly traded corporations, have been buying up Bitcoin in recent years, breaking the taboo surrounding its volatility and fringe status. Public companies holding Bitcoin now make up 2.8% of the total supply, with MicroStrategy leading the pack with 461,000 BTC worth over $48 billion. Other companies on the list include Marathon Digital, which holds 44,394 BTC; Riot Blockchain, which holds 17,722 BTC; Galaxy Digital Holdings, which holds 11,242 BTC; Hut 8, which holds 10,096 BTC; and Tesla, which holds 9,720 BTC. These companies have adopted Bitcoin as a reserve asset and are actively investing in it for long-term growth.



Other News from Today