The Bitcoin market reached a major milestone in December, surpassing the $100,000 mark for the first time since November. On November 6, Bitcoin broke its mid-March peak of $73,000 and by December 5, it had reached $100,000. Since Donald Trump’s election victory on November 5, the BTC market has grown by at least 41.75%.
The Dominance of MicroStrategy
MicroStrategy, the largest publicly traded Bitcoin holder, saw an impressive increase of nearly 52.86% in value. MicroStrategy co-founder Michael J. Saylor attributed the company’s growth to its innovative Bitcoin acquisition strategy. He even called on other major tech companies, especially Microsoft, to follow suit in adopting Bitcoin.
Here is a list of the top ten public companies with over 1,000 BTC:
MicroStrategy: The Bitcoin King
MicroStrategy, founded in 1989 by Michael J. Saylor, Sanju Bansal, and Thomas Spahr, remains the largest Bitcoin holding company, with 444,262 BTC, worth about $42.7 billion. This year alone, the company has acquired at least 255,112 BTC, with the most recent purchase being 15,400 BTC on December 2.
MicroStrategy's stock is currently trading at $341.05, up 94.58% over the past three months. Many see MicroStrategy's stock as a proxy for Bitcoin, although critics say the company is too dependent on its cryptocurrency holdings.
Marathon Digital Holdings
Marathon Digital Holdings, a Florida-based cryptocurrency mining company founded in 2010, is second on the list. The company owns no less than 40,435 BTC, worth approximately $3,888,294,700. On December 10, the company purchased approximately 6,560 BTC.
Since November 5, the MARA market has seen an increase of at least 18.84%. At the beginning of this month, the price was $26.84. However, since then, the price has dropped by 28.09%. Marathon Digital is one of the largest BTC mining companies in the world. The company has recently increased its capacity, acquiring at least two BTC mining sites from Generate Capital.
Riot Platforms
Riot Platforms INC, a bitcoin mining company founded in 2000, remains in third place on the list. The Castle Rock-based company holds about 16,728 BTC, worth about $1,610,279,267. This month alone, the company has purchased more than 6,709 BTC.
The company mainly focuses on three segments: Bitcoin Mining, Data Center Hosting, and Engineering.
Over the past three months, the RIOT market has seen a surge of more than 46.38%. At the beginning of this month, the price was at $12.61. Since then, the price has dropped by about 8.4%.
Hut 8 Corp
Hut 8 Corp, a vertically integrated operator of energy infrastructure and Bitcoin miners based in Miami, comes in fourth on the list. Founded in 2017, the company focuses on four areas: Digital Asset Mining, Managed Services, High Performance Computing, and Cloud Services.
The company owns about 10,096 BTC, worth $972,811,892. This month, the company bought at least 987 BTC.
Over the past three months, the HUT market has increased by at least 82.22%. On November 5, the price was around $16.67. Since then, the price has increased by more than 43.31%.
Tesla
Tesla, the car and clean energy company founded in 2003 by Martin Eberhard and Marc Tarpenning, is fifth on the list. A year after the lunch, Elon Musk joined the company. He was later given the title of CEO.
The Musk-run company currently holds 9,720 BTC, worth $936,085,863.
Tesla is one of the Magnificent Seven stocks. Over the past three months, TSLA has seen its market value increase by 74.06%. From November 5 to December 17, the stock price has risen sharply from $251.22 to $479.55. This month, the stock price has increased by about 27.24%.
CleanSpark
CleanSpark, a Nevada-based Bitcoin mining company, remains at number six on the list. The company is known for its low-carbon policies. It operates multiple data centers.
This US BTC mining company owns at least 9,297 BTC, worth approximately $889,705,142. Since September, the company has purchased more than 2,215 BTC.
In late March, the CLSK market reached its yearly high of $24.07. From mid-July to early September, the market plummeted from $19.82 to $8.07. Currently, the price of CleanSpark is $10.36.
Coinbase
Coinbase, a very popular name in the cryptocurrency industry, is ranked seventh on the list. The company was founded in 2012 by Brain Armstrong and Fred Ehrsam, and operates a cryptocurrency exchange. The exchange has a 24-hour trading volume of $3,531,375,079. It is the largest cryptocurrency exchange in the United States in terms of trading volume. Currently, there are at least 269 coins and 422 trading pairs on the exchange.
The company holds around 9,000 BTC, worth $867,666,150.
Over the past three months, the COIN market has seen a growth of 43.21%. Since the first day of November alone, the market has skyrocketed by nearly 52.29%.
Block
Block, Inc., founded by Jack Dorsey in 2009, remains at number eight on the list. The financial services company is the US market leader in point-of-sale systems.
The American corporation owns about 8,211 BTC, worth nearly $786,265,735. Since September 2024, the company has purchased about 184 BTC.
Over the past three months, the SQ market has increased by 36.76%. On November 5, the price reached $71.56. Since then, the market has increased by more than 27.83%.
Galaxy Digital Holdings
Galaxy Digital Holdings Ltd., a New York-headquartered blockchain and digital asset company, ranked ninth on the list. The company primarily focuses on three areas: Global Markets, Asset Management, and Digital Infrastructure Solutions.
The company owns about 8,100 BTC, worth about $775,170,405.
Over the past three months, the GLXY market has grown by about 41.61%. Interestingly, since November 5, the market has increased by more than 60.18%.
Bitcoin Group SE
Bitcoin Group SE, an investment firm founded in 2008, is number ten on the list. A subsidiary of Priority AG, the company primarily provides financial services and even operates a trading platform called Bitcoin.de.
The Germany-based company holds 3,830 BTC, worth $371,990,243.
This year, the ADE market has seen a spike of 40.48%. However, since November 5, the market has fallen by 2.25%.
In short, 2025 is going to be an interesting year for the crypto industry, especially for those who hold significant BTC.