Who Owns the Most Bitcoin?
The Top 10 Public Companies With the Biggest Bitcoin Portfolios
As of June 2022, the top 10 public companies with the biggest Bitcoin portfolios are:
- MicroStrategy (MSTR): 129,218 BTC
- Tesla (TSLA): 43,200 BTC
- Coinbase (COIN): 4,484 BTC
- Galaxy Digital Holdings (GLXY): 4,255 BTC
- Grayscale Bitcoin Trust (GBTC): 3,749 BTC
- 3iQ Corp (QBTC): 2,732 BTC
- Hut 8 Mining Corp (HUT): 2,475 BTC
- Riot Blockchain (RIOT): 2,360 BTC
- Marathon Digital Holdings (MARA): 2,359 BTC
- Bitfarms (BITF): 1,929 BTC
MicroStrategy is the Leader
MicroStrategy is the clear leader in terms of Bitcoin ownership among public companies. As of June 2022, the company holds over 129,000 BTC, worth approximately $6 billion. MicroStrategy has been a vocal supporter of Bitcoin since 2020, and its CEO, Michael Saylor, has been a leading advocate for the cryptocurrency.
Tesla and Coinbase Round Out the Top Three
Tesla and Coinbase are the other two public companies with significant Bitcoin holdings. Tesla purchased $1.5 billion worth of BTC in February 2021, and Coinbase holds Bitcoin as part of its treasury reserves.
Conclusion
The growing number of public companies investing in Bitcoin is a sign of the increasing mainstream adoption of cryptocurrency. As more companies add BTC to their balance sheets, the price of Bitcoin is likely to continue to rise.
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