Skip to main content

These 5 companies hold the most coins

 


In the beginning, Bitcoin mainly made private individuals rich. But in recent years more and more companies have invested in the most famous cryptocurrency. But which company owns the most? 

Bitcoin company with a lot of coins - 5. Coinbase 

The US crypto exchange is one of the most important trading centers for digital currencies worldwide. The company has been listed on the American NASDAQ since mid-April. In the meantime, the company had a market value of over $ 100 billion. In comparison, the company's Bitcoin inventory is rather small. Coinbase owns "only" around 4,500 Bitcoin. This is currently equivalent to about $ 220 million.

4. Marathon Digital

The company Marathon Digital is probably much less known than Coinbase. However, this is because Marathon Digital is a Bitcoin mining company. Accordingly, it also has a significant Bitcoin inventory in its ranks. The $ 3.5 billion company owns approximately 5,300 BTC. The equivalent of that is about $ 260 million.

3. Square

Square is a payment services company with a market value of over $ 110 billion. Ironically, Twitter founder Jack Dorsey leads the company, a well-known fan of Bitcoin. The company's Cash app allows users to buy and sell Bitcoin. But the company also has a few thousand bitcoins in its own portfolio. More specifically, it's just over 8,000 BTC, which is currently valued at around $ 400 million.

2. Tesla

Let's come to a more familiar example. With Tesla, we are now entering a completely different dimension when it comes to Bitcoin ownership by companies. Elon Musk's prestigious project owns a whopping 48,000 Bitcoin, which is worth an incredible $ 2.35 billion. Tesla simply invested $ 1.5 billion in the acquisition of Bitcoin in 2020. So far the investment has paid off.

Lots of coins - 1. MicroStrategy

Only one company can stand up to Tesla. The infamous MicroStrategy is lonely at the forefront when it comes to Bitcoin ownership by companies. This is no wonder, as the acquisition of Bitcoin is the official corporate strategy of MicroStrategy. MicroStrategy now owns over 90,000 bitcoins valued at around $ 4.5 billion. This is all the more astonishing since the company's total market value is only marginally higher at $ 6.3 billion.

Comments

Popular posts from this blog

The 5 largest platforms for non-fungible token (NFT) collectibles

  Since the beginning of 2021, non-fungible tokens (NFT) have had no holding back and the sector is setting new records almost every day.  More and more artists, stars and brands are realizing the potential - NFT are well on their way to catapulting the crypto space into the mainstream.  But which collectibles are currently the most popular? What are NFT? NFT are unique tokens that cannot be exchanged one-for-one for an equivalent token.  Any asset that is tokenizable can be an NFT.  This includes, for example, (digital) works of art, trading cards, game items and crypto domains.  Theoretically, however, real estate or securities can also be mapped as NFT. NFTs can be used to transparently map ownership structures on a public blockchain.  This allows them to store value just like real objects, even if additional copies are easy to make.  For example, the original picture of the Mona Lisa is significantly more valuable than a photo, as everyone kno...

CARDALONIA: THE CARDANO METAVERSE OPENS THE GATES!

  Have you ever been to Cardalonia? With these words, the Cardano Metaverse called Cardalonia starts the gates. In this 3D world, developers and users can interact with each other. First of all, users have to create an individual character with which they can move online. After that you can enter one of the worlds built by developers with this character. You can also purchase your own land in the Cardano Metaverse via the marketplaces in Cardalonia . This is secured by Cardano's blockchain technology and therefore offers a relatively secure transfer of ownership. Since these are only digital plots of land, it is not yet entirely clear when the plots of land are purchased whether they can also be sold again in the future. A possible profit cannot be estimated at the moment. In Cardalonia, the cryptocurrency Lonia is used. The maximum amount of tokens in circulation is 100,000,000. The team consists of Alice Sand (Co-Founder), Vasil Air (CTO) and Dustan Water (Fullstack Developer). T...

Cardano: This is the vision that founder Charles Hoskinson has

  The Altcoin Cardano has tended to decline in recent weeks.  The Alonzo upgrade was supposed to bring improvements, but it soon turned out to be a disappointment.  Cardano founder Charles Hoskinson presented his vision for the cyber motto in a live Twitter video. • Cardano in the last few months under pressure • Charles Hoskinson explains his Cardano vision via Twitter • Security and privacy at the center The cryptocurrency  Cardano  has had a difficult few months.  While founder Charles Hoskinson's cyber motto has had a strong run in 2021, it has been steadily downhill in recent months.  Cardano is faced with some difficulties.  The so-called Alonzo upgrade went live in mid-September, for which crypto fans had high hopes, but which soon turned out to be a disappointment.  The upgrade should make it possible to use smart contracts on the cryptocurrency as well.  It soon turned out, however, that although these were entered into Cardano,...