Top 10 Companies That Hold The Most Bitcoin

Recently, many companies have been buying Bitcoin even though they have nothing to do with cryptocurrencies. Here are the top 10 companies that hold the most Bitcoin...

With the recent purchase of around 4200 Bitcoin by MicroStrategy, the interest of institutions in the cryptocurrency market once again came to the fore. So, which companies host the most Bitcoin on the corporate front? Here are those companies, according to the Coingecko database: Top 10 Bitcoin Holders

• MicroStrategy – 129128 BTC (Software and cloud company)/$5.5 billion
• Tesla – 48000 BTC (Automotive)/2 billion dollars
• Galaxy Digital – 16402 BTC (Crypto-focused bank)/$700 million
• Block – 8027 BTC (Formerly Square, payment systems)/343 million dollars
• Marathon Group – 4813 BTC (Bitcoin mining)/205 million dollars
• Hut 8 Mining – 4724 BTC (Bitcoin mining, fully mined)/202 million dollars
• Coinbase – 4483 BTC (Exchange)/191 million dollars
• NEXON – 1717 BTC (Gaming company) / $73 million
• Voyager Digital – 1239 BTC (Crypto broker)/$53 million
• Riot Blockchain – 1175 BTC (Bitcoin mining)/$50 million

It is noteworthy that the first 4 companies in the list are companies other than mining farms. Since these companies have different income methods, they can generally hold BTC for a long time. It does not affect the market too much. The fact that large miners occasionally sell BTC to realize profits also deeply affects the market. Since only Coinbase is publicly traded, there is no information about the Bitcoin reserves in the hands of cryptocurrency exchanges.