- In recent times, public companies have continued to acquire Bitcoin (BTC) as a store of wealth and treasury.
- These companies managed to raise the money from the public through the sale of stocks and rewards for BTC mining.
Bitcoin, as a cryptocurrency, has over the years transitioned from being just a ‘digital asset’ to a store of wealth. In recent times, more businesses have accumulated large amounts of the promising cryptocurrency, with the largest accumulation dating as far back as 2013.
Today, we’ve put together a list of the top 5 publicly traded companies with the highest BTC holdings. These companies vary from cloud-based service providers to Bitcoin mining firms.
Also Read: MicroStrategy Plans to Raise $21 Billion to Fund More Bitcoin(BTC) Purchases
Top 5 Public Companies With The Highest Bitcoin Holdings
#1 MicroStrategy: MicroStrategy (MSTR) is a public corporation that deals with mobile software and cloud-based services. Essentially, MicroStrategy is at the forefront of providing businesses with specific information and data-driven insights. MicroStrategy started acquiring BTC in 2020 and bought about 21,454 BTC in November 2020.
Since then, the company’s Bitcoin portfolio has grown from 21,454 to 576,230. The company was able to successfully raise its BTC portfolio from public fundraising, like issuing common and preferred stocks.
#2 Marathon Digital: A Bitcoin mining firm that started operation in 2010. The mining firm managed to raise all its BTC holdings from mining and holding. It started accumulating in February 2024 and has since grown its portfolio to 46,374 BTC.
#3 Riot Platforms: Riot Platforms is a leading Bitcoin mining firm. According to details, the CEO, Jason Les, has been involved in BTC since 2013. Like Marathon, Riot Platforms started accumulating BTC in February 2024 and has a total of 18,692 BTC so far.
#4 Galaxy Digital Holdings: Galaxy Digital is an asset management company that focuses on bringing in blockchain- and crypto-related technologies to support and foster the adoption of blockchain. The company started building its own Bitcoin reserve earlier in May and has successfully bought about 15,449 BTC.
#5 Metaplanet: Meta Planet is a Bitcoin treasury that provides different instruments to help individuals and companies acquire BTC. The company started accumulating BTC in April and since then has a total of 12,345 BTC.
On the 30th of June, the company added 1,005 BTC; it was the purchase that pushed it to the top 5 largest public company holdings.
