{"id":51377,"date":"2022-01-12T04:51:53","date_gmt":"2022-01-12T04:51:53","guid":{"rendered":"https:\/\/timestampmag.com\/?p=51377"},"modified":"2022-01-13T23:24:15","modified_gmt":"2022-01-13T23:24:15","slug":"bitcoin-holdings-of-public-companies-grows-considerably-in-2021","status":"publish","type":"post","link":"https:\/\/timestampmag.com\/2022\/01\/12\/bitcoin-holdings-of-public-companies-grows-considerably-in-2021\/","title":{"rendered":"Bitcoin Holdings of Public Companies Grows Considerably in 2021"},"content":{"rendered":"<ul>\n<li style=\"font-weight: 400;\">The overall BTC holding of the global private firms surged after February 2021.<\/li>\n<li style=\"font-weight: 400;\">MicroStrategy, a prominent BI organization, is bullish on BTC with an AUM worth over $6 Billion.<\/li>\n<li style=\"font-weight: 400;\">BTC holding of private firms increased by 400% in just a year.<\/li>\n<\/ul>\n<figure><a href=\"https:\/\/news.bitcoin.com\/microstrategy-buys-7002-bitcoins-crypto-stash-121044-btc\/\" target=\"_blank\" rel=\"noopener\"><br \/>\n<img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/timestampmag.com\/wp-content\/uploads\/2022\/01\/Capture.png\" sizes=\"(max-width: 593px) 100vw, 593px\" srcset=\"https:\/\/timestampmag.com\/wp-content\/uploads\/2022\/01\/Capture.png 593w, https:\/\/timestampmag.com\/wp-content\/uploads\/2022\/01\/Capture-300x168.png 300w\" alt=\"\" width=\"593\" height=\"332\" \/> <\/a><figcaption><\/figcaption><\/figure>\n<p><em>Source: <a href=\"https:\/\/news.bitcoin.com\/microstrategy-buys-7002-bitcoins-crypto-stash-121044-btc\/\" target=\"_blank\" rel=\"noopener\">Bitcoin.com<\/a><\/em><\/p>\n<p>The BTC amount held by private firms surged dramatically in 2021, building on the gains of the previous year.<\/p>\n<p>Willy Woo, an on-chain expert, said in a Monday <a href=\"https:\/\/twitter.com\/woonomic\/status\/1477551979094491140?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1477551979094491140%7Ctwgr%5E%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fpublic-companies-holding-bitcoin-surged-in-2021\" target=\"_blank\" rel=\"noopener\">tweet<\/a> that the global public businesses with &#8220;substantial BTC have gained market share from spot ETFs as a way to obtain BTC exposure on public equities markets.&#8221;<\/p>\n<figure><a href=\"https:\/\/twitter.com\/woonomic\/status\/1477551979094491140?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1477551979094491140%7Ctwgr%5E%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fpublic-companies-holding-bitcoin-surged-in-2021\" target=\"_blank\" rel=\"noopener\"><br \/>\n<img decoding=\"async\" src=\"https:\/\/timestampmag.com\/wp-content\/uploads\/2022\/01\/Capture-1.png\" sizes=\"(max-width: 559px) 100vw, 559px\" srcset=\"https:\/\/timestampmag.com\/wp-content\/uploads\/2022\/01\/Capture-1.png 559w, https:\/\/timestampmag.com\/wp-content\/uploads\/2022\/01\/Capture-1-238x300.png 238w\" alt=\"\" width=\"559\" height=\"705\" \/> <\/a><figcaption><\/figcaption><\/figure>\n<p><em>Source: <a href=\"https:\/\/twitter.com\/woonomic\/status\/1477551979094491140?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1477551979094491140%7Ctwgr%5E%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fpublic-companies-holding-bitcoin-surged-in-2021\" target=\"_blank\" rel=\"noopener\">Twitter.com<\/a><\/em><\/p>\n<p>This has been increasingly apparent since MicroStrategy&#8217;s &#8220;Bitcoin for Corporations&#8221; conference on Feb. 3 and 4, 2021. The online session&#8217;s primary aim was to discuss the legal implications for businesses looking to incorporate Bitcoin into their operations and reserves.<\/p>\n<p>MicroStrategy, a significant BI organization with Michael Saylor as the founder, is highly bullish on Bitcoin, with around $6 billion in <a href=\"https:\/\/timestampmag.com\/2020\/03\/01\/whats-the-crypto-in-cryptocurrency\/\">crypto<\/a> AUMs.<\/p>\n<p>On Thursday, Saylor&#8217;s firm, MicroStrategy, <a href=\"https:\/\/markets.businessinsider.com\/news\/currencies\/microstrategy-94-million-bitcoin-1914-cryptocurrency-michael-saylor-mstr-markets-2021-12\" target=\"_blank\" rel=\"noopener\">bought 1,914 more BTC<\/a> worth $94 million. After August 2020&#8217;s initial Bitcoin acquisition, Microstrategy\u2019s Bitcoin holdings have gained more than $2.1 billion in value.<\/p>\n<p>Woo gave reference to a chart of BTC holdings inside public company treasuries and the exchange-traded funds (ETF) available for public ownership via stock markets based on crowdsourced corporate treasury data.<\/p>\n<p>Spot ETFs contain BTC rather than futures purchased through contracts on the Chicago Mercantile Exchange futures market.<\/p>\n<h2>The Current Leaders Among Public Companies in Terms of Bitcoin Holdings<\/h2>\n<p>As per the data, Grayscale, an organization that manages digital currency assets, had a landslide market share worth 645,199 BTC by the end of 2021. As per the graphics, this accounted for 71% of the overall market, with total holdings of all spot ETFs and businesses totaling 903,988 BTC.<\/p>\n<p>As per the Bitcoin Treasuries, MicroStrategy stands to be the largest corporate investor, with 124,391 BTC worth $5.8 billion. Tesla stands in <a href=\"https:\/\/markets.businessinsider.com\/news\/currencies\/tesla-bitcoin-payments-ditched-2nd-biggest-holder-risks-investors-2021-5\" target=\"_blank\" rel=\"noopener\">second place with over 43,200 BTC<\/a>, worth about $2 billion at current pricing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The overall BTC holding of the global private firms surged after February 2021. MicroStrategy, a prominent BI organization, is bullish on BTC with an AUM worth over $6 Billion. BTC holding of private firms increased by 400% in just a year. Source: Bitcoin.com The BTC amount held by private firms surged dramatically in 2021, building [&hellip;]<\/p>\n","protected":false},"author":26,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[30,64,2,101,370,378,359,4],"_links":{"self":[{"href":"https:\/\/timestampmag.com\/wp-json\/wp\/v2\/posts\/51377"}],"collection":[{"href":"https:\/\/timestampmag.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/timestampmag.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/timestampmag.com\/wp-json\/wp\/v2\/users\/26"}],"replies":[{"embeddable":true,"href":"https:\/\/timestampmag.com\/wp-json\/wp\/v2\/comments?post=51377"}],"version-history":[{"count":15,"href":"https:\/\/timestampmag.com\/wp-json\/wp\/v2\/posts\/51377\/revisions"}],"predecessor-version":[{"id":51396,"href":"https:\/\/timestampmag.com\/wp-json\/wp\/v2\/posts\/51377\/revisions\/51396"}],"wp:attachment":[{"href":"https:\/\/timestampmag.com\/wp-json\/wp\/v2\/media?parent=51377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timestampmag.com\/wp-json\/wp\/v2\/categories?post=51377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timestampmag.com\/wp-json\/wp\/v2\/tags?post=51377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}