It would not be wrong to say that the interest in cryptocurrencies has increased tremendously in recent years. Millions of people around the world now use these currencies as investment tools. In fact, the interest rose so much that El Salvador, a country in Central America, declared the leading cryptocurrency Bitcoin (BTC) its official currency and revealed how these coins can be used in the future.
When this is the case, many companies from around the world, especially technology giants, are making huge investments in cryptocurrencies. We have listed the companies that hold the most Bitcoin according to the data on CoinGecko, a site that shares cryptocurrency statistics.
Companies’ Bitcoin investments are increasing
Elon Musk’s electric car company Tesla, also known for his interest in cryptocurrencies, is among these companies. We have informed you that it exists. Tesla has announced how much Bitcoin it holds in the past months. In addition, another billionaire interested in cryptocurrencies, Michael Saylor’s software company Microstrategy also announced that he often bought Bitcoin. In fact, the US-based company recently announced that it once again bought Bitcoin for $ 190 million.
As you can imagine, these two companies were at the top of the list, which was published by CoinGecko and consisted only of companies that were offered to the public. Looking at the list, it is seen that Microstrategy is the leader with Bitcoin worth around $5.5 billion, while Tesla is second with Bitcoin valued at more than $2 billion.
In addition, Jack Dorsey’s digital payment company Square (now called Block), who is one of the founders of Twitter and predicts that cryptocurrencies will become the currency of the internet, is also on the list. Let’s also add that Square has started providing crypto services to its customers and has partnered with Tesla to establish a Bitcoin mining facility in the USA. Apart from these, it is observed that there are other familiar companies such as giant investment firm Galaxy Digital Holdings and crypto money exchange Coinbase, 9 of the companies in the top 10 are based in the USA and Canada, and one is based in Japan.
Finally, let us state that in addition to such companies, giant crypto investors, whose identity is unknown and described as whales, are also important in the market. In the past months, an unknown person and described as the third largest Bitcoin whale in the world, added 21 million dollars of Bitcoin to his wallet, revealing how much money was invested. In short, we can say that despite skepticism, the potential of cryptocurrencies has led many people, including giant companies, to make large investments.
Here are the 10 publicly traded companies (not including private companies) with the most Bitcoins
- MicroStrategy Inc. (US) – 129,218 Bitcoin ($5,504,023,759)
- Tesla (US) – 48,000 Bitcoin ($2,044,553,703)
- Galaxy Digital Holdings (Canada) – 16,402 Bitcoin (698,641,038) dollars)
- Square Inc. (USA) – 8,027 Bitcoins ($341,909.012)
- Marathon Patent Group (USA) – 4,813 Bitcoins (205,000,104)
- Hut 8 Mining Corp (Canada) – 4,724 Bitcoins (201,218) .160)
- Coinbase (USA) – 4,483 Bitcoins (190.952,797)
- NEXON Co Ltd (Japan) – 1,717 Bitcoins ($73,135,390)
- Voyager Digital LTD (Canada) – 1,239 Bitcoins ($7,927,182)
- Riot Blockchain, Inc. (USA) – 1,175 Bitcoin ($7.2 million)
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