Yes;even multibillion dollar companies believe in cryptocurrencies.Companies have invested millions and billions of dollars in cryptocurrencies simply because they firmly believe in this glorious movement and its future. Today we are ranking top 5 companies with the most bitcoins in their portfolios.
5.Marathom Digital Holdings Inc.
This company holds 10 055 BTC worth approximately $282 816 985 at the time of writing this article
Marathon Digital Holding Inc is a Bitcoin mining company originating in the United States of America led by Fred Thiel.
4.Tesla
It is difficult to pinpoint exactly how many Bitcoins Tesla owns.Its estimated Bitcoin holdings are worth approximately $184m which amounts to approximately 6 345 Bitcoins but I believe Tesla was ranked 4th before selling most of its bitcoins and because of the 1.5Billion dollar budget for Bitcoin which was announced around the beginning of the year 2021.
Tesla is an electric car manufacturing company originating in the United States of America led by the world's second richest person;Elon Musk.
3.Voyager Digital LTD
On third place we have Voyager Digital LTD which holds 12 260 BTC(approximately 25.24% less than second place) which is worth $344 837 020 at the time of writing this article.
Voyager Digital LTD is a cryptocurrency brokerage company which provides a platform that allows investors to buy and sell different crypto coins.It originates in Canada and it is led by Stephen Ehrlich.
2.Galaxy Digital Holdings
On second place we have Galaxy Digital Holdings which holds 16 400 BTC(approximately 88.29% less than first place!) worth $461 282 800 at the time of writing this article.
"Galaxy Digital Holdings Ltd is a financial services and an investment management company;which engages in digital asset;cryptocurrency and blockchain technology sectors "-(www.marketwatch.com).This company is led by Mike Novogratz
1. MICROSTRATEGY!!
MicroStrategy takes the first place with an unbelievable 140 000 BTC worth $3 937 780 000 at the time of writing this article.
MicroStrategy specializes in providing businesses intelligence software and other services in that line of business.This company originates in the United States of America and is led by Michael Saylor.
Conclusion
Wow;thousands of Bitcoins under their name;now that's wealth.Tip of the hat for these companies who have shown so much faith and support for Bitcoin and cryptocurrencies as a whole.Now the question is;if these big companies with so much expertise behind them believe in cryptocurrencies;why shouldn't you?
DISCLAIMER:THIS IS NOT FINANCIAL ADVISE
THANK YOU FOR TAKING YOUR TIME TO READ THIS ARTICLE;MORE ARE ON THE WAY
References:
Decrypt.co
www.marketwatch.com
Wikipedia
