Top Publicly Traded Firms and Their Bitcoin Portfolios
Main Breakdowns:
- MicroStrategy holds the largest Bitcoin portfolio among publicly traded companies with 152,333 BTC, worth over $4.5 billion.
- Block Inc. (formerly Square Inc.) holds 8,027 BTC, worth about $241 million.
- Galaxy Digital Holdings, founded by Mike Novogratz, holds 12,545 BTC, but the ROI is undisclosed.
- Tesla initially invested $1.5 billion in Bitcoin and currently holds 10,500 BTC, valued at around $312 million.
- Hut 8 Mining, a prominent Bitcoin mining company, holds 9,315 BTC, with a significant unrealized profit per Bitcoin.
Hot Take:
These top publicly traded firms demonstrate the increasing fusion of traditional finance and digital assets. While some companies have made substantial profits from their Bitcoin investments, others have experienced losses. Overall, this trend highlights the growing importance of cryptocurrencies in the global financial landscape.