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Corporate Companies Hold Over 1 Million Bitcoins, Accounting for 5% of Total Supply

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by Giorgi Kostiuk

2 days ago

According to BitcoinTreasuries.NET data, global corporate companies have collectively acquired over 1 million Bitcoins, representing 5% of total BTC supply.

Growing Attention to Bitcoin as an Asset

This substantial accumulation highlights increased institutional adoption of Bitcoin as a treasury asset, influencing market dynamics and significantly boosting corporate stock values.

Influence of MicroStrategy and Tesla

MicroStrategy, led by Executive Chairman Michael Saylor, and Tesla have been pivotal in this shift. These firms have amassed substantial Bitcoin holdings, influenced by Saylor's continuous promotion of Bitcoin for asset diversification and inflation hedging.

Corporate Holders and Total Bitcoin Supply

A surge in corporate Bitcoin purchases accounts for 18% of Bitcoin's supply, exemplifying a shift from a previously retail-driven market to institutional dominance. CoinMarketCap reports Bitcoin currently at $110,988.26.

Current market trends suggest that institutional investment is becoming increasingly significant, opening new avenues for corporate financial strategies.

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