Blockware Intelligence, a company that does crypto mining and also crypto analysis, published a market update that predicts the number of public companies will adopt Bitcoin in 2024.

So far, according to the report, there's a 120% surge in the number of the publicly traded companies that hold Bitcoin.

Michael Saylor's Strategy leads the pack, followed by a Bitcoin mining firm called MARA Holdings.

According to the report, as many as 36 public companies will have adopted BTC by the end of the year.

Further, according to another report courtesy of called Bitcointreasures.net, around 3.5 million BTC is currently held in treasuries.

The vast majority is held in ETFs and other funds, followed by public companies and governments, with private companies, DeFi/Smart Contracts and exchanges trailing behind.