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Here’s How Much Bitcoin Institutions Are Holding Now

Here’s How Much Bitcoin Institutions Are Holding Now

This surge in Bitcoin accumulation among major corporations signals increasing faith in the cryptocurrency’s future and its role as a store of value. Just in the past week, five companies have further bolstered their Bitcoin holdings by 7,349 BTC, adding to their already significant reserves.

Leading the charge in Bitcoin accumulation is Strategy (MSTR), which continues to be the dominant corporate holder with a staggering 506,137 BTC. This aggressive Bitcoin strategy has placed the company far ahead of others in the public market. Marathon Digital (MARA) follows with 46,374 BTC, reflecting its strong position in the Bitcoin mining industry. Riot Platforms (RIOT) holds 18,692 BTC, further reinforcing its commitment to Bitcoin as a core asset in its portfolio.

Tesla, the electric vehicle giant, has also remained committed to its Bitcoin investment, holding 11,509 BTC despite the market’s volatility. Cleanspark (CLSK) has accumulated 11,177 BTC, continuing to strengthen its presence in the mining sector, while Hut 8 (HUT) trails closely with 10,237 BTC. Coinbase (COIN), a major cryptocurrency exchange, also retains 9,480 BTC, further demonstrating its confidence in Bitcoin’s role in the broader financial ecosystem.

In addition to these key players, other companies are steadily adding Bitcoin to their balance sheets. Block (formerly Square) owns 8,485 BTC, underlining its long-term faith in Bitcoin’s transformative potential. Galaxy Digital (GLXY), a well-known digital asset investment firm, holds 4,848 BTC, and Bitcoin Group SE (BTGGF) in Europe has acquired 3,605 BTC. Metaplanet has also increased its Bitcoin holdings to 3,350 BTC, showcasing its bullish outlook on the cryptocurrency’s future.

Other companies like Semler Scientific (SMLR) with 3,192 BTC, Hive Digital (HIVE) with 2,620 BTC, and Cango (CANG) with 1,944 BTC are all contributing to the broader trend of institutional Bitcoin adoption. Exodus (EXOD) and BitFuFu (FUFU) are also getting involved with 1,900 BTC and 1,800 BTC, respectively, further indicating the growing corporate confidence in Bitcoin’s long-term value.

This surge in institutional involvement highlights a broader trend of belief in Bitcoin as a valuable and secure asset, positioning it as a key player in the financial landscape for years to come. With corporations continuing to accumulate Bitcoin, the cryptocurrency’s status as a long-term investment is becoming increasingly entrenched.

Author
Editorial Team

Reporter at Coindoo

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