🔥Bitcoin as a reserve asset! Investments by publicly traded companies exceeded $20 billion.
We have seen more companies looking at Bitcoin as a reserve asset, and this data is confirmed by the growth of current holdings of several publicly traded companies.
According to data collected by Bitbo, it shows that 42 publicly traded companies own 335,249 #Bitcoin , which is equivalent to a value of $20 billion. A year ago, this figure only reached $7.2 billion, so there is a current growth of 177% in the value of BTC holdings by public companies.
We cannot fail to mention #MicroStrategy , which is the company that started the trend of buying Bitcoin for its reserves. The business intelligence company bought Bitcoin for the first time in August 2020.
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