Top Ten Companies With Most Bitcoin Hold Over 204,000 in Total
Twelve companies from the US together hold over 185,000 bitcoins on their balance sheet, accounting for 87% of the aggregate number of bitcoins held by all 34 public companies, while the share of 13 Canadian companies is much smaller at 9.3%. The top 10 public companies that hold the most bitcoin comprise seven from the US, two from Canada and one from Germany. In addition, those from information technology sector hold the most bitcoin on their balance sheet, with a share of 66.8%, followed by companies from consumer discretionary sector (20.2%) and financial sector (11.8%).
The number of bitcoins owned by the top 10 public companies with the largest bitcoin holdings totalled over 204,000. MicroStrategy is the public company that holds the most bitcoin on the balance sheets, followed by Tesla, Galaxy Digital Holdings, Voyager Digital, Square and Marathon Digital Holdings. MicroStrategy holds approximately 105,085 bitcoins, worth $3.6 billion based on price on 28 June 2021. (Source: The Asian Banker)
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