Bitcoin NewsBinance SquareNews

Public Companies Now Hold Over 1 Million BTC

Public companies now own 4.7% of all Bitcoin, totaling over 1 million BTC globally.

  • Public companies worldwide now hold 1M+ BTC.
  • This equals 4.7% of Bitcoin’s total supply.
  • Corporate adoption of Bitcoin continues to grow steadily.

In a major milestone for Bitcoin adoption, public companies around the globe now collectively hold over 1 million BTC. This figure accounts for approximately 4.7% of Bitcoin’s total supply, a strong indicator of the growing trust in Bitcoin as a long-term asset.

With Bitcoin’s capped supply of 21 million coins, the fact that nearly 1 in every 20 BTC is held by corporations signals a strategic shift. These holdings are not merely speculative; many companies view Bitcoin as a treasury reserve asset, much like gold.

Who’s Leading the Charge?

Several major corporations have played key roles in driving this trend. MicroStrategy remains the biggest public holder, with over 152,000 BTC in its reserves. Tesla, Block Inc., and Marathon Digital also have significant holdings.

Many of these firms have cited reasons such as protection against inflation, portfolio diversification, and increasing institutional interest in digital assets. Their involvement continues to inspire both traditional investors and retail participants to take Bitcoin seriously.

What Does This Mean for Bitcoin?

The accumulation of over 1 million BTC by public companies has long-term implications. Firstly, it reduces the available circulating supply, which could lead to increased scarcity and, potentially, higher prices. Secondly, it strengthens Bitcoin’s image as a legitimate and institutional-grade asset class.

As regulatory clarity improves globally, we may see even more companies adding Bitcoin to their balance sheets. The 4.7% figure could easily grow in the coming years, deepening Bitcoin’s roots in traditional finance.

Read Also :

Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

Related Articles

Back to top button