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▲ Bitcoin (BTC)
As listed companies worldwide incorporate Bitcoin as a core asset in their financial strategies, a large-scale acquisition race for ‘digital gold’ is in full swing.
According to a Decrypt report, as of April 19 (local time), the company holding the most Bitcoin (Bitcoin, BTC) among listed companies is Strategy. Led by Chairman Michael Saylor, Strategy maintains an overwhelming first place, holding approximately 214,400 BTC. This accounts for about 1% of the total supply.
Strategy has been continuously purchasing Bitcoin since 2020 and is credited with establishing a standard model for incorporating Bitcoin into corporate finance. Saylor defines Bitcoin as a long-term holding asset and maintains that there are no plans to sell.
Mining companies are also strengthening their holding strategies, forming the top ranks. Marathon Digital (MARA) follows with approximately 17,631 BTC, and Riot Platforms (RIOT) has secured 8,490 BTC. CleanSpark (CLSK) is also rapidly growing its presence, holding approximately 5,021 BTC. These companies are influencing the reduction of circulating supply through a strategy of accumulating mined Bitcoin rather than selling it on the market.
The participation of technology companies is also notable. Tesla (TSLA), led by Elon Musk, holds approximately 9,720 BTC, marking the largest holding among manufacturing-based companies. Jack Dorsey’s Block (SQ) has secured 8,031 BTC, and Coinbase (COIN) also directly holds 9,480 BTC, strengthening its role as an asset-holding entity beyond just a platform.
The institutional holding race is also expanding in North America and Europe. Canada's Hut 8 (HUT) holds approximately 9,110 BTC, and Galaxy Digital (GLXY), led by Michael Novogratz, manages 4,000 BTC. Germany's Bitcoin Group SE (Bitcoin Group SE, ADE) holds 3,589 BTC, showing a prominent position among European listed companies. Novogratz assessed that the influx of institutional funds is acting as a key factor supporting Bitcoin's price floor.
The volume of Bitcoin held by the top 10 listed companies serves as an indicator of market maturity. These companies are maintaining their Bitcoin holdings, focusing on financial stability and long-term store-of-value functionality rather than short-term price fluctuations. With the continued influx of institutional funds, the competition for acquisition among companies is expected to intensify. Bitcoin has now evolved from a mere investment asset to a core element of listed companies' financial strategies.
*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*
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