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Over $11B in Bitcoin Held by 32 Companies: Crypto Treasuries Report

Rahul N.
·2 min read

Data from CryptoTreasuries shows that 32 companies hold nearly $12 billion in BTC, while 11 companies hold roughly $470 million in ETH.

According to data from CryptoTreasuries, 32 companies together hold about 325,013 bitcoin. That value amounts to roughly $11.7 billion. As for Ethereum, 11 companies hold 169,279 ETH, at a value of roughly $470 million. These figures are not exhaustive but do give an indication of how much weight is being thrown behind the assets.

<a href="https://cryptotreasuries.org/" rel="nofollow noopener" target="_blank" data-ylk="slk:Top five companies holding BTC on its’ balance sheets: CryptoTreasuries;elm:context_link;itc:0;sec:content-canvas" class="link ">Top five companies holding BTC on its’ balance sheets: CryptoTreasuries</a>
Top five companies holding BTC on its’ balance sheets: CryptoTreasuries

The bitcoin big-boys

Block.One has the largest holdings of bitcoin at 140,000. It’s followed by MicroStrategy and Tesla. The former especially is long on bitcoin and that shows in its holding of 90,859 BTC. MicroStrategy is up approximately 50% on its investment in bitcoin.

MicroStrategy CEO Michael Saylor has been a huge proponent of bitcoin in the past few months, with the company periodically adding to its holdings. Tesla, meanwhile, has made a much smaller gain at 5% — something not helped by Elon Musk’s inflammatory tweets.