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Public companies now hold more than 1 million bitcoin
While bitcoin hasn’t been doing too hot lately, hovering in the $107,400-$113,200 range in the past week, some bitcoin-adjacent developments are on fire. For one, total bitcoin holdings by the 183 publicly listed companies have now crossed the 1 million mark, “nearly 5% of all the BTC that will ever be,” according to Bitcoin Treasuries. To put this in perspective, public companies held just over 416,000 bitcoin a year ago. “The milestone of public companies collectively holding over one million bitcoin reflects the dawn of a new era in finance. Bitcoin’s reach extends beyond profits — it represents ... (full story)
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