The companies with the most Bitcoin have been announced

The leader among institutional crypto investors was Microstrategy. While #Microstrategy was followed by Marathon Digital, one of the leading Bitcoin miners, automobile manufacturer Tesla ranked third.

Short-term retreats in #Bitcoin mobilized companies that believe in the future of cryptocurrency. Taking advantage of the low price, companies added new crypto assets to their treasuries. Documents published by the companies showed that publicly traded companies in the US alone hold $19 billion worth of Bitcoin.

It was observed that Microstrategy, the business intelligence company that holds the leadership among institutional crypto investors, added 122 Bitcoins, corresponding to 7.8 million dollars, to its treasury between April 1-26. The companies' balance sheets for the first quarter of 2024 also revealed that Microstrategy was not the only one. In the Chainalysis report, it was seen that public companies in the #USA alone hold Bitcoin corresponding to 19 billion dollars.

Public companies investing in crypto would not take such risks if they did not believe in the potential of Bitcoin and other major cryptocurrencies. Moreover, four-fifths of the amount of assets held are owned by companies from sectors other than crypto,” he said.

In the list of US-based public companies holding crypto in their treasuries, Microstrategy was followed by Marathon Digital, one of the leading Bitcoin miners, while automobile manufacturer Tesla stood out in third place. It was followed by Hut 8 Mining and Riot Platforms. Twitter's Founder Jack Dorsey joined the company while Block was seventh; CleanSpark, Galaxy Digital Holdings and Bitcoin Group were also in the top 10 on the list, respectively.
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