Tesla and other top companies capitalize on bitcoin portfolio
Top publicly traded firms reveal their Bitcoin (BTC) portfolio s. MicroStrategy leads the list, showcasing the fusion of traditional finance and digital assets. Crypto analytics website CoinGecko has analyzed the top 10 publicly traded companies with the largest Bitcoin portfolio s. The report provides a detailed account of their BTC holdings and associated performance. The list includes MicroStrategy, Block, Tesla, and other moguls that keep investing in crypto despite the bear market. Top 5 companies holding Bitcoin | Source: CoinGecko MicroStrategy MicroStrategy, Inc., under the leadership of CEO Michael Saylor, has become a torchbearer for Bitcoin among publicly traded companies. The firm holds a formidable Bitcoin portfolio of 152,333 BTC, more significant than any other public company. The total BTC acquisition cost for MicroStrategy is around $3.6 billion, a substantial financial commitment. As of July 2023, considering Bitcoin’s valuation of approximately $30,090...