Original title: (Overview of the top 15 listed companies by BTC holding profits, see who has grown nearly 30 times?)
Original author: Wenser, Odaily Planet Daily
In a previous article (Overview of the top 25 listed companies by BTC holdings, seeking the secrets to achieving 'currency and stock dual cultivation'), we systematically sorted out the top 25 listed companies by BTC holdings, among which MicroStrategy (MSTR) saw its stock price surge from around 194 USD to nearly 500 USD in just about a month, an increase of around 150%. In addition, as the price of BTC broke through 97,000 USD and continued to hit new highs, its cumulative profit from BTC holdings has now approached 15.7 billion USD, continuing to lead the ranking of listed companies by BTC holding profits.
Moreover, the world-renowned tech giant Microsoft previously revealed that its shareholders have begun preliminary voting on whether the company should invest in Bitcoin, and according to NCPPR sources: 'If Microsoft decides not to invest in Bitcoin, subsequent rises may expose it to shareholder lawsuits.' Considering various circumstances, as we previously predicted: more and more listed companies will join the ranks of Bitcoin strategic reserves. After all, with the accelerating process of Bitcoin mainstreaming, buying BTC leads to rising stock prices, while rejecting BTC leads to weak stock prices, making the choice self-evident.
Odaily Planet Daily will review the top 15 listed companies by BTC holding profits in this article for investors' reference. (Note: For the sake of distinguishing business types, this ranking does not include listed companies related to cryptocurrency mining. We will select the opportunity to reorganize the data again, and the data source for this statistical information is BitcoinTreasuries.Net, which may differ from the data announced by listed companies, for reference only.)
Overview of the top 15 listed companies by BTC holding profits: MicroStrategy leads, Coinbase ranks second, Tesla ranks third
According to information from BitcoinTreasuries.Net, the list of the top 15 listed companies by total profits from BTC holdings is as follows -
Top three contestants: Bitcoin leverage concept stocks, the first stock of crypto exchanges, new energy + Musk concept stocks
Among them, MicroStrategy (MSTR) ranks first with a total profit of nearly 15.7 billion USD, among which:
· BTC holding amount reaches 331,200 BTC;
· Total value is around 32.2 billion USD;
· Average purchase price is 49,874 USD;
· The current stock price is 473.83 USD;
· Profit growth multiple is around 1.95 times.
Coinbase (COIN) ranks second with a total profit of 804 million USD, among which:
· BTC holding amount is 9,480 BTC;
· Total value is around 920 million USD;
· Average purchase price is 12,342 USD;
· The current stock price is 320.01 USD;
· Profit growth multiple is around 7.88 times.
Tesla (TSLA) ranks third with a total profit of 607 million USD, among which:
· BTC holding amount is 9,720 BTC;
· Total value is around 945 million USD;
· Average purchase price is 34,722 USD;
· The current stock price is 342.03 USD;
· Profit growth multiple is around 2.8 times.
High multiple contestants: German listed companies tie for dual supremacy
If the above three companies are known for their 'profit scale', then the next company is better at 'multiple growth'.
Among them, the profit growth multiple reached an astonishing 29.6 times, is a private equity and consulting firm from Germany - Bitcoin Group SE. According to Yahoo Finance, it is engaged in cryptocurrency and blockchain business globally under Bitcoin.de, which operates a digital currency trading platform for Bitcoin, established in 2008, and is a subsidiary of Priority AG. It is understood that the company has held Bitcoin since December 31, 2021, currently holding 3,589 BTC, with an average cost of only 3,285 USD, and its current stock price is 68.67 USD (65.20 EUR). The last transaction occurred at the end of June 2022, selling 179 BTC at 20,109 USD, after which the holding remained unchanged.
Coincidentally, another company with a profit growth multiple of up to 10.98 times is also from Germany - Advanced Bitcoin Technologies AG. According to Yahoo Finance, this is a software company established in 2015, mainly developing cryptocurrency and artificial intelligence software products in the financial technology field, and also providing cryptocurrency payment services. It is understood that its BTC holding is 242.2 BTC, with a total value of 23.55 million USD, but its average purchase price is only 8,853 USD, while its stock price is only 0.20 USD (0.19 EUR).
Hong Kong stock twin stars: Boyaa Interactive and Meitu
For Hong Kong-listed companies, game company Boyaa Interactive (0434) and internet company Meitu (1357) successfully made the list with 1100 BTC and 940.9 BTC respectively.
Among them, the former's BTC average purchase price is 41,790 USD, with cumulative profits reaching 60.99 million USD, and the stock price is 0.55 USD (4.25 HKD);
The average purchase price for the latter's BTC is 52,609 USD, with cumulative profits reaching 41.99 million USD, and the stock price is 0.42 USD (3.24 HKD).
Of course, the above is only statistical data from BitcoinTreasuries.Net. Previously, Boyaa Interactive officially announced that as of November 12, it had held 2,641 BTC, with a total cost of approximately 142,722,654 USD, with an average cost of approximately 54,027 USD per BTC. If calculated based on this data, its cumulative profit has already reached 113 million USD. Moreover, the founder of Meitu, Cai Wensheng, is a well-known Bitcoin whale, and the actual BTC holding of the company should be even more.
The biggest beneficiary of the 'BTC strategic reserve': Japanese listed company Metaplanet
In a previous article (Overview of the top 25 listed companies by BTC holdings, seeking the secrets to achieving 'currency and stock dual cultivation') released, we mentioned that Japanese listed company Metaplanet (3350.T) is a follower of the 'MicroStrategy BTC strategic reserve' and also the biggest beneficiary: since it began buying BTC, its stock price has previously surged by as much as 468%, and at that time its stock price was only 7.50 USD; a month later, its BTC holding has increased from 861.4 BTC to 1,142 BTC, and its stock price has soared to 16.54 USD, an increase of over 220%, making it another example of 'BTC leverage concept stocks'. Meanwhile, despite its average purchase price being 65,972 USD, its cumulative profit still reached 35.71 million USD, ranking 11th.
Followers are rushing in: US-listed companies are flocking to join the 'BTC strategic reserve' ranks
Yesterday, MicroStrategy (MSTR) successfully entered the top 100 US listed companies with its soaring stock price, ranking 97th. On Tuesday, its stock price surged 12%, breaking through the 400 USD mark, closing at as high as 430 USD, jumping 29 places, with a year-to-date gain of over 500%.
Previously, according to reliable statistics, more than 60 listed companies have adopted Bitcoin strategies, and thousands of private companies are following suit.
Overview of leading listed companies executing BTC strategies
At the same time, as November began, following Trump's successful election as the 47th president of the United States, the crypto market soared under favorable stimuli. Just as the gradual introduction of custodial exchanges, publicly listed trusts, futures, and spot ETFs welcomed a new type of capital allocator, a new class of Bitcoin investors also emerged in large numbers. This also means that this month welcomed another peak of Bitcoin products: corporate leverage: MicroStrategy, MARA Holdings, Semler Scientific, and MetaPlanet have added billions of dollars in collective debt to their balance sheets to purchase Bitcoin.
Naturally, this has led to a continuous influx of 'strategic followers' joining -
On November 19, US-listed company Genius Group Limited (GNS) announced it spent 10 million USD to buy 110 BTC at an average price of 90,932 USD. This purchase marks the company's formal establishment of a Bitcoin reserve. This purchase followed the company's announcement of a 'Bitcoin first' strategy on November 12, which commits to holding 90% or more of its existing and future reserves in Bitcoin, with an initial goal of holding 120 million USD worth of Bitcoin;
On the same day, a niche e-commerce platform focused on spirits and beverages, US-listed company LQR House Inc. (LQR) announced its board has approved the purchase of Bitcoin worth 1 million USD as part of its capital management strategy. Additionally, the company will now accept cryptocurrency payments on CWSpirits.com, allowing customers to flexibly use digital currencies to purchase alcoholic beverages. As part of this plan, LQR House has adopted a policy to keep up to 10 million USD in crypto payments as Bitcoin.
On November 20, US-listed biopharmaceutical company Acurx Pharmaceuticals (ACXP) board approved the purchase of 1 million USD in Bitcoin as reserve assets; on the same day, another US-listed company Hoth Therapeutics (HOTH) announced that its board approved the purchase of up to 1 million USD in Bitcoin. Its CEO Robb Knie even stated: 'We believe that Bitcoin's anti-inflation properties may make it a reliable asset with value storage functions.'
It is evident that many listed companies have fully recognized the value storage function and stock price boosting effect of BTC, and they are joining this 'BTC strategic reserve competition'.
Conclusion: Buy BTC or miss BTC? That is the question.
In 2022, the market experienced a series of black swan and explosive events that temporarily plunged into silence. At that time, MicroStrategy CEO Michael Saylor continued to buy BTC, while another national-level BTC strategic reserve decision-maker, President Nayib Bukele of El Salvador, was mocked by many as 'the sleeping dragon and the phoenix chick'. Now, as BTC prices approach the 100,000 USD mark, it is clear that buying BTC has made both become 'peers of excellence'.
And now, for market retail investors and listed companies that have not yet bought BTC, the choice in front of them is similar: whether to buy stocks of listed companies that have already established BTC reserves VS whether to sit back and watch BTC prices fluctuate and miss the opportunity to boost stock prices through BTC strategic reserves?
Survival or death, in investment terms, this is indeed a question.
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