Public companies hold 1.69% of total bitcoin supply

  • Sergey Maga
  • 20 September, 2024 04:17
Public companies hold 1.69% of total bitcoin supply

According to the latest data, public companies hold approximately 354,316 bitcoins , representing about 1.69% of the total 21 million coin supply. This figure continues to grow as more companies incorporate bitcoin into their corporate treasuries as a long-term asset.

Notably, companies like MicroStrategy are heavily investing in bitcoin, helping them diversify their assets and hedge against inflation risks. In 2024, major companies continue to integrate bitcoin as part of their corporate strategies, further driving interest in cryptocurrencies among public companies.

This trend underscores the significance of bitcoin as a long-term financial instrument, solidifying its position in global markets.

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