Public Companies With The Largest Bitcoin Holdings
MicroStrategy, the popular Bitcoin development and business intelligence firm, was the first publicly traded company to adopt Bitcoin as its primary reserve asset. The company producing mobile software and offering cloud-based services has scooped up billions of dollars worth of BTC since 2020.
As of September 2024, MicroStrategy holds 244,800 BTC , which is valued at approximately 14.6 billion. This is more than 1 of the total number of bitcoins that will ever be issued, cementing its palace as the largest corporate owner of the apex cryptocurrency.
The company's founder and chairman Michael Saylor claimed that they are buying 1,000 worth of BTC every second. During MicroStrategy's Q2 2024 earnings call, Saylor said the firm's Bitcoin accumulation strategy has enabled it to deliver 10x to 30x the performance of its Silicon Valley counterparts.
2. Marathon Digital HoldingsBitcoin mining company Marathon Digital is the second-largest corporate holder of Bitcoin. As of August 2024, the firm possesses 25,000 BTC , worth approximately 1.751 billion .
