10 Big Companies that Hold the Most Bitcoin

Bittime - Bitcoin is increasingly popular as a reserve asset for large companies in the world. Currently, there are 10 large companies that own the largest amount of Bitcoin. 

Collectively, these ten companies hold 527,000 BTC, equivalent to 2.66% of the total Bitcoin supply. Anything? Read this article to find out!

1. MicroStrategy: 402.100 BTC

Source: Instagram.com/Coinsauce

MicroStrategy is a data analytics software company known as a pioneer of institutional investment in Bitcoin. 

Under the leadership of Michael Saylor, the company accumulated 402,100 BTC and became the world's largest Bitcoin holder among public companies. 

This huge amount of Bitcoin not only increases the value of the company, but also strengthens Bitcoin as part of a financial reserve strategy.

Read Also: Bitcoin $100K: New ATH and BTC Highest Price Historical Data

2. Marathon Digital: 34.959 BTC

Marathon Digital is one of the largest Bitcoin mining companies in the US. The company is actively mining and accumulating Bitcoin, with total holdings reaching 34,959 BTC. 

Marathon Digital utilizes low-carbon energy mining facilities to increase operational efficiency.

3. Riot Platforms: 11.425 BTC

Riot Platforms is also a well-known Bitcoin mining company in the US. By focusing on operating technologically advanced data centers, Riot has managed to collect 11,425 BTC. 

Riot Platforms is also investing heavily in blockchain infrastructure development.

4. Tesla: 9.720 BTC

Tesla, the electric vehicle manufacturer led by Elon Musk, purchased Bitcoin in 2021. Although some of its holdings have been sold, Tesla still holds 9,720 BTC as part of the company's asset diversification strategy.

5. Coinbase Global: 9.480 BTC

Coinbase is one of the largest crypto exchanges in the world. As the first public company in the sector, Coinbase holds 9,480 BTC, mostly as operational reserves to support the company's services.

Read Also: 5 List of Bitcoin-Based Meme Coins, Potential Bull Run in December?

6. CleanSpark: 9.297 BTC

CleanSpark is a Bitcoin mining company with an environmentally friendly business model. The company uses renewable energy sources to support its operations and currently holds 9,297 BTC.  

7. Hut 8 Mining: 9.110 BTC

Hut 8 Mining is a Bitcoin mining company based in Canada. With total holdings of 9,110 BTC, Hut 8 Mining is known as one of the pioneers of mining using renewable energy in North America.

8. Block: 8.363 BTC

Block Inc. formerly known as Square, is a financial technology company founded by Jack Dorsey. 

The company holds 8,363 BTC which shows Block Inc's confidence. on Bitcoin's potential as a means of payment and store of value.

9. Galaxy Digital Holdings: 4.000 BTC

Galaxy Digital is an investment company that focuses on the blockchain and cryptocurrency ecosystem. With 4,000 BTC, the company leverages crypto assets to support the development of various innovative projects in the sector.

10. Bitcoin Group SE: 3.589 BTC

Bitcoin Group SE is a German company engaged in crypto investment and trading. The company holds 3,589 BTC as part of a long-term investment strategy.

Iplague 10 pThis big company has the most Bitcoin. These ten companies are not simply investing in Bitcoin for financial gain, but are also demonstrating confidence in the potential of blockchain technology. 

Read Also: 5 Important Facts about Bitcoin This Week that You Should Know

Bitcoin FAQs

What is Bitcoin?

Bitcoin is the world's first crypto asset and the largest crypto asset by market capitalization. Bitcoin was first created in 2009 by Satoshi Nakamoto, whose true identity until now no one knows.

How many Rupiah is 1 BTC?

Currently, 1 BTC is worth IDR 1,582,103,279 based on the Bittime market. 

1 BTC How Much USD?

Currently, 1 BTC is worth $99,479.63 according to Coinmarketcap.

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Reference

Coinsauce, Instagram Coinsauce, accessed December 9, 2024.

coinmarketcap, Coinmarketcap Bitcoin Currency, accessed December 9, 2024.

Author: IPR