Binance Square
BitcoinHoldings
30,484 views
13 Posts
Hot
Latest
LIVE
LIVE
satoshi_club
--
Bullish
**Breaking News:** 📉 Bitcoin holdings on major centralized exchanges drop to their lowest level in recent weeks, with 33,000 BTC withdrawn in the last 24 hours, reducing exchange holdings to about 2 million BTC. This signals an increasing sentiment for long-term BTC holding. BTC is currently trading at $42,120.43, down 1.16%. #BitcoinHoldings 📊📉
**Breaking News:** 📉 Bitcoin holdings on major centralized exchanges drop to their lowest level in recent weeks, with 33,000 BTC withdrawn in the last 24 hours, reducing exchange holdings to about 2 million BTC. This signals an increasing sentiment for long-term BTC holding. BTC is currently trading at $42,120.43, down 1.16%. #BitcoinHoldings 📊📉
Why #MicroStrategy Could Flood The Market With 1.6 Million Shares Of MSTR MicroStrategy, a leading Bitcoin development company, faces a pivotal decision regarding its convertible bonds, which have surged in value alongside its stock. Convertible Bonds and Stock Surge: - MicroStrategy's stock (MSTR) has soared by 110% since the year's start, reaching $1440 per share. Its convertible bonds, issued in late 2020, now trade at over three times their par value. Options for MicroStrategy: - The company must decide whether to retire the bonds, paying investors $2.5 billion in cash, or allow them to mature in 2025, resulting in potential share conversion. Potential Share Dilution: - The conversion of 1.63 million shares could potentially flood the market, diluting shareholder value. HODLing Bitcoin: - MicroStrategy's wealth primarily lies in its #BitcoinHoldings , totaling 214,245 BTC valued at $14.9 billion. Executive chairman #MichaelSaylor reaffirms the company's commitment to holding Bitcoin indefinitely. Financial Strategy: - With minimal cash reserves, MicroStrategy's debt management strategy remains uncertain. Recent convertible note sales, generating $1.4 billion, were used to purchase additional Bitcoin. Source - CryptoNews #CryptoNews🔒📰🚫 #BinanceSquareTalks
Why #MicroStrategy Could Flood The Market With 1.6 Million Shares Of MSTR

MicroStrategy, a leading Bitcoin development company, faces a pivotal decision regarding its convertible bonds, which have surged in value alongside its stock.

Convertible Bonds and Stock Surge:

- MicroStrategy's stock (MSTR) has soared by 110% since the year's start, reaching $1440 per share. Its convertible bonds, issued in late 2020, now trade at over three times their par value.

Options for MicroStrategy:

- The company must decide whether to retire the bonds, paying investors $2.5 billion in cash, or allow them to mature in 2025, resulting in potential share conversion.

Potential Share Dilution:

- The conversion of 1.63 million shares could potentially flood the market, diluting shareholder value.

HODLing Bitcoin:

- MicroStrategy's wealth primarily lies in its #BitcoinHoldings , totaling 214,245 BTC valued at $14.9 billion. Executive chairman #MichaelSaylor reaffirms the company's commitment to holding Bitcoin indefinitely.

Financial Strategy:

- With minimal cash reserves, MicroStrategy's debt management strategy remains uncertain. Recent convertible note sales, generating $1.4 billion, were used to purchase additional Bitcoin.

Source - CryptoNews

#CryptoNews🔒📰🚫 #BinanceSquareTalks
🐋 WhaleWire shares the top 10 Bitcoin holders! 📊🔝 Curated list on Twitter features: 1) MicroStrategy 2) Marathon Digital 3) Galaxy Digital 4) Coinbase 5) Tesla 6) Hut8 Mining 7) Block 8) Riot 9) Hive Blockchain 10) Nexon A comprehensive glimpse into the crypto landscape! 💼🚀 #TopBitcoinHolders #CryptoCompanies #BitcoinHoldings
🐋 WhaleWire shares the top 10 Bitcoin holders! 📊🔝 Curated list on Twitter features:

1) MicroStrategy

2) Marathon Digital

3) Galaxy Digital

4) Coinbase

5) Tesla

6) Hut8 Mining

7) Block

8) Riot

9) Hive Blockchain

10) Nexon

A comprehensive glimpse into the crypto landscape! 💼🚀 #TopBitcoinHolders #CryptoCompanies #BitcoinHoldings
📊📈 Cryptoquant Insights: Exchange Reserves & Bitcoin Holdings 📈📊 Cryptoquant, a leading blockchain data analysis company, shared key findings on exchange reserves and Bitcoin (BTC) holdings, shedding light on recent trends: 🌎 Non-US CEX Holdings Surge: Bitcoin holdings on non-US centralized exchanges (CEX) have impressively surged by over 10% in the past year, showcasing growing interest and confidence in BTC. 🇺🇸 US-Based Exchanges: In contrast, BTC holdings on US-based exchanges like Coinbase, Gemini, and Kraken have seen a decrease of 30-50% in the same period. 💼 Institutional Demand: Cryptoquant notes that institutions are actively acquiring BTC, which is reflected in the ongoing decline in exchange reserves. Notably, a significant withdrawal of 27,000 BTC from Gemini in August, representing 25% of total withdrawals, was observed. 📈 Derivatives Volume & ATH: The derivatives trading volume has shown remarkable growth, with BTC open interest reaching an all-time high (ATH) since November 2022. These dynamics illustrate the evolving landscape of Bitcoin ownership and trading, shaped by both institutional demand and changing preferences across global exchanges. 🌐📊🚀 #BitcoinHoldings #ExchangeReserves #CryptoTrends
📊📈 Cryptoquant Insights: Exchange Reserves & Bitcoin Holdings 📈📊

Cryptoquant, a leading blockchain data analysis company, shared key findings on exchange reserves and Bitcoin (BTC) holdings, shedding light on recent trends:

🌎 Non-US CEX Holdings Surge: Bitcoin holdings on non-US centralized exchanges (CEX) have impressively surged by over 10% in the past year, showcasing growing interest and confidence in BTC.

🇺🇸 US-Based Exchanges: In contrast, BTC holdings on US-based exchanges like Coinbase, Gemini, and Kraken have seen a decrease of 30-50% in the same period.

💼 Institutional Demand: Cryptoquant notes that institutions are actively acquiring BTC, which is reflected in the ongoing decline in exchange reserves. Notably, a significant withdrawal of 27,000 BTC from Gemini in August, representing 25% of total withdrawals, was observed.

📈 Derivatives Volume & ATH: The derivatives trading volume has shown remarkable growth, with BTC open interest reaching an all-time high (ATH) since November 2022.

These dynamics illustrate the evolving landscape of Bitcoin ownership and trading, shaped by both institutional demand and changing preferences across global exchanges. 🌐📊🚀 #BitcoinHoldings #ExchangeReserves #CryptoTrends
🚀 Tesla remains steadfast in their commitment to Bitcoin, holding firm with $388 million (9,720 BTC) in Q4 2023. Despite selling a portion of their initial holdings, their strategic alignment with crypto as a long-term asset is evident. 💪🌐 #Tesla #BitcoinHoldings
🚀 Tesla remains steadfast in their commitment to Bitcoin, holding firm with $388 million (9,720 BTC) in Q4 2023. Despite selling a portion of their initial holdings, their strategic alignment with crypto as a long-term asset is evident. 💪🌐 #Tesla #BitcoinHoldings
📊 Tether's #Bitcoin holdings are showing $1.1B worth of unrealized profits! 📆 As of December 5, the company's balance sheet holds 57,576 $BTC with a total value of ~$2.4B 📈 📍 The average purchase cost is $22,480 per $BTC 👀 #Tether #BitcoinHoldings #USDT
📊 Tether's #Bitcoin holdings are showing $1.1B worth of unrealized profits!

📆 As of December 5, the company's balance sheet holds 57,576 $BTC with a total value of ~$2.4B 📈

📍 The average purchase cost is $22,480 per $BTC 👀

#Tether #BitcoinHoldings #USDT
Tesla did not buy or sell Bitcoin in the third quarter, maintaining its BTC holdings for five consecutive quarters, with a current value of $312 million. #Tesla #BitcoinHoldings
Tesla did not buy or sell Bitcoin in the third quarter, maintaining its BTC holdings for five consecutive quarters, with a current value of $312 million. #Tesla #BitcoinHoldings
How Much Bitcoin is Tesla Currently Holding?#CFX In Tesla's Q4 report, the company maintains a steadfast Bitcoin investment of 9,720 BTC, demonstrating resilience amidst a varied financial performance that yielded a total revenue of $25.2 billion.In the latest financial reports, Tesla, the electric vehicle giant, disclosed impressive figures, with a total revenue of $25.2 billion and an operating profit of $2.1 billion. Noteworthy is Tesla's abstention from both Bitcoin purchases and sales in the quarter under review.Securing its standing for the sixth consecutive quarter, Tesla currently holds 9,720 #BTC in its Bitcoin portfolio The company's initial venture into the world of Bitcoin took place in February 2021, spearheaded by CEO Elon Musk, who directed a substantial investment of $1.5 billion, triggering a significant surge in the cryptocurrency's value.Building on this bold initiative, Tesla strategically liquidated a portion of its Bitcoin holdings to assess market liquidity, resulting in the remaining holdings being valued at approximately $1.99 billion by year-end. A pivotal decision unfolded in July 2022, as Tesla opted to sell 75% of its Bitcoin holdings, fortifying its cash reserves by an additional $936 million.Despite Tesla's unwavering #BitcoinHoldings , its quarterly performance has elicited mixed reactions. The fourth quarter witnessed a modest 1% year-over-year uptick in automotive revenue, yet both earnings per share and total revenue fell slightly short of market expectations, leading to a dip in #stock value during after-hours trading.Delving into Tesla's balance sheet unveils a comprehensive asset #portfolio , encompassing cash, receivables, and solar energy systems, indicative of a diversified strategy extending beyond automotive sales.The quarter showcased diverse performance across Tesla's divisions. While automotive revenues experienced marginal growth, the energy generation and storage segment reported an impressive 10% increase in revenue. On a positive note, services and other revenue surged by 27%, underscoring the company's expanding market reach. However, the overall gross profit witnessed a notable decrease of 23%, and the operating income took a significant 47% dip, reflecting the competitive and challenging economic landscape.Disclaimer. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.🗣🗣Empower Our Mission: Tips For Dedicated Service. 🗣🗣👉Users are encouraged to support the mission by offering generous tips.🗣This empowers creators to work even harder, ensuring the continued delivery of top-notch investment advice.

How Much Bitcoin is Tesla Currently Holding?

#CFX In Tesla's Q4 report, the company maintains a steadfast Bitcoin investment of 9,720 BTC, demonstrating resilience amidst a varied financial performance that yielded a total revenue of $25.2 billion.In the latest financial reports, Tesla, the electric vehicle giant, disclosed impressive figures, with a total revenue of $25.2 billion and an operating profit of $2.1 billion. Noteworthy is Tesla's abstention from both Bitcoin purchases and sales in the quarter under review.Securing its standing for the sixth consecutive quarter, Tesla currently holds 9,720 #BTC in its Bitcoin portfolio The company's initial venture into the world of Bitcoin took place in February 2021, spearheaded by CEO Elon Musk, who directed a substantial investment of $1.5 billion, triggering a significant surge in the cryptocurrency's value.Building on this bold initiative, Tesla strategically liquidated a portion of its Bitcoin holdings to assess market liquidity, resulting in the remaining holdings being valued at approximately $1.99 billion by year-end. A pivotal decision unfolded in July 2022, as Tesla opted to sell 75% of its Bitcoin holdings, fortifying its cash reserves by an additional $936 million.Despite Tesla's unwavering #BitcoinHoldings , its quarterly performance has elicited mixed reactions. The fourth quarter witnessed a modest 1% year-over-year uptick in automotive revenue, yet both earnings per share and total revenue fell slightly short of market expectations, leading to a dip in #stock value during after-hours trading.Delving into Tesla's balance sheet unveils a comprehensive asset #portfolio , encompassing cash, receivables, and solar energy systems, indicative of a diversified strategy extending beyond automotive sales.The quarter showcased diverse performance across Tesla's divisions. While automotive revenues experienced marginal growth, the energy generation and storage segment reported an impressive 10% increase in revenue. On a positive note, services and other revenue surged by 27%, underscoring the company's expanding market reach. However, the overall gross profit witnessed a notable decrease of 23%, and the operating income took a significant 47% dip, reflecting the competitive and challenging economic landscape.Disclaimer. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.🗣🗣Empower Our Mission: Tips For Dedicated Service. 🗣🗣👉Users are encouraged to support the mission by offering generous tips.🗣This empowers creators to work even harder, ensuring the continued delivery of top-notch investment advice.
👉👉👉 #MircoStrategy ’s #BitcoinHoldings Surge to $13.5B Despite Q1 Losses MicroStrategy, often hailed as a leading "Bitcoin development firm," has once again captured attention with its financial update for Q1 2024. Despite reporting a net loss of $53.1 million, the company remains resolute in its mission to acquire Bitcoin, further bolstering its already substantial #cryptocurrency holdings. Between April 1 and April 26, MicroStrategy made a significant addition of 122 BTC to its reserves, amounting to $7.8 million. While this acquisition may seem modest compared to previous purchases, it symbolizes MicroStrategy's unwavering commitment to fortifying its Bitcoin portfolio, even amidst challenging market conditions. MicroStrategy continues its relentless pursuit of Bitcoin despite regulatory changes, including amendments by the Financial Accounting Standards Board (FASB) mandating fair value reporting of digital assets post-December 15, 2024. Despite advocating for changes in a letter to the FASB in May 2023, MicroStrategy remains steadfast in its BTC acquisitions, underscoring its confidence in the long-term viability of the cryptocurrency market. Highlights from the Q1 2024 financial presentation include insights from MicroStrategy's Chief Financial Officer, Andrew Kang, who emphasized the firm's achievements. Kang highlighted the success of MicroStrategy's capital market strategy, which facilitated raising over $1.5 billion through two convertible debt offerings in the first quarter. He stated, "In the first quarter, we raised over $1.5 billion by executing again on our capital markets strategy including two successful convertible debt offerings. We acquired 25,250 additional bitcoins since the end of the fourth quarter, marking our 14th consecutive quarter of adding more bitcoin to our balance sheet." Despite facing short-term financial losses, MicroStrategy's steadfast commitment to accumulating Bitcoin underscores its belief in the potential of digital assets within the global financial landscape. #CryptoNews🔒📰🚫 #BinanceSquareTalks
👉👉👉 #MircoStrategy ’s #BitcoinHoldings Surge to $13.5B Despite Q1 Losses

MicroStrategy, often hailed as a leading "Bitcoin development firm," has once again captured attention with its financial update for Q1 2024. Despite reporting a net loss of $53.1 million, the company remains resolute in its mission to acquire Bitcoin, further bolstering its already substantial #cryptocurrency holdings.

Between April 1 and April 26, MicroStrategy made a significant addition of 122 BTC to its reserves, amounting to $7.8 million. While this acquisition may seem modest compared to previous purchases, it symbolizes MicroStrategy's unwavering commitment to fortifying its Bitcoin portfolio, even amidst challenging market conditions.

MicroStrategy continues its relentless pursuit of Bitcoin despite regulatory changes, including amendments by the Financial Accounting Standards Board (FASB) mandating fair value reporting of digital assets post-December 15, 2024. Despite advocating for changes in a letter to the FASB in May 2023, MicroStrategy remains steadfast in its BTC acquisitions, underscoring its confidence in the long-term viability of the cryptocurrency market.

Highlights from the Q1 2024 financial presentation include insights from MicroStrategy's Chief Financial Officer, Andrew Kang, who emphasized the firm's achievements. Kang highlighted the success of MicroStrategy's capital market strategy, which facilitated raising over $1.5 billion through two convertible debt offerings in the first quarter. He stated,

"In the first quarter, we raised over $1.5 billion by executing again on our capital markets strategy including two successful convertible debt offerings. We acquired 25,250 additional bitcoins since the end of the fourth quarter, marking our 14th consecutive quarter of adding more bitcoin to our balance sheet."

Despite facing short-term financial losses, MicroStrategy's steadfast commitment to accumulating Bitcoin underscores its belief in the potential of digital assets within the global financial landscape.

#CryptoNews🔒📰🚫 #BinanceSquareTalks
🔥🔥🔥 #ETFs Reduce #BitcoinHoldings Over Three Days Over a span of three days, nine Exchange-Traded Funds (ETFs) collectively reduced their Bitcoin holdings by a significant amount. The reductions amounted to a total decrease of 4,556 BTC, equivalent to a value of $295 million. Fidelity played a substantial role in this reduction, shedding 1,290 BTC from its holdings. Currently, Fidelity holds 168,862 BTC, valued at approximately $10.95 billion. Notably, Blackrock and Grayscale did not revise their Bitcoin holdings during this period. On June 19, these nine ETFs further reduced their Bitcoin holdings by 442 BTC, marking a decrease of $28.7 million. Grayscale specifically reduced its holdings by 56 BTC, valued at $3.6 million, leaving it with a total of 280,322 BTC worth approximately $18.22 billion. The most significant reduction occurred on June 18, when the ETFs collectively decreased their Bitcoin holdings by 2,824 BTC, totaling a decrease of $182.6 million. Fidelity reduced its holdings by 1,377 BTC, amounting to $89.06 million, resulting in its current holdings of 170,152 BTC valued at $11 billion. Grayscale also reduced its holdings by 834 BTC, valued at $53.95 million, maintaining a total of 280,378 BTC worth approximately $18.13 billion. These reductions over consecutive days highlight a trend of diminishing Bitcoin holdings among major ETFs, with Fidelity and Grayscale being prominent players in these adjustments. While Fidelity's holdings experienced notable reductions, #BlackRock 's holdings remained unchanged throughout this period. Source - blockchainreporter.net #CryptoTrends2024 #BinanceSquareTalks
🔥🔥🔥 #ETFs Reduce #BitcoinHoldings Over Three Days

Over a span of three days, nine Exchange-Traded Funds (ETFs) collectively reduced their Bitcoin holdings by a significant amount. The reductions amounted to a total decrease of 4,556 BTC, equivalent to a value of $295 million. Fidelity played a substantial role in this reduction, shedding 1,290 BTC from its holdings. Currently, Fidelity holds 168,862 BTC, valued at approximately $10.95 billion. Notably, Blackrock and Grayscale did not revise their Bitcoin holdings during this period.

On June 19, these nine ETFs further reduced their Bitcoin holdings by 442 BTC, marking a decrease of $28.7 million. Grayscale specifically reduced its holdings by 56 BTC, valued at $3.6 million, leaving it with a total of 280,322 BTC worth approximately $18.22 billion.

The most significant reduction occurred on June 18, when the ETFs collectively decreased their Bitcoin holdings by 2,824 BTC, totaling a decrease of $182.6 million. Fidelity reduced its holdings by 1,377 BTC, amounting to $89.06 million, resulting in its current holdings of 170,152 BTC valued at $11 billion. Grayscale also reduced its holdings by 834 BTC, valued at $53.95 million, maintaining a total of 280,378 BTC worth approximately $18.13 billion.

These reductions over consecutive days highlight a trend of diminishing Bitcoin holdings among major ETFs, with Fidelity and Grayscale being prominent players in these adjustments. While Fidelity's holdings experienced notable reductions, #BlackRock 's holdings remained unchanged throughout this period.

Source - blockchainreporter.net

#CryptoTrends2024 #BinanceSquareTalks
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number