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Bitcoin Treasuries List Claims 59 Companies and a Handful of Countries Hold 1.49 Million BTC – Featured Bitcoin News

304 days or roughly 9 months in the past, 42 firms held bitcoin on their steadiness sheet with an mixture whole of 1,350,073 bitcoin on March 1, 2021. Today, metrics point out there are 59 firms, a few international locations, and exchange-traded funds (ETFs) with 1,499,493 bitcoin held in treasuries.

Private and Public Companies, ETFs, and Countries — Treasuries List Highlights 59 Firms With Bitcoin on Their Balance Sheets

Over the final 12 months, a nice quantity of firms have disclosed that they’ve added bitcoin (BTC) to the agency’s steadiness sheet and even international locations like El Salvador at the moment are storing BTC of their nationwide treasury.

On March 1, 2021, Bitcoin.com News reported that there have been 42 companies that consisted of public and non-public firms, alongside bitcoin funds as effectively. At the time 1,350,073 BTC was held by the corporate’s and it represented 6.43% out of the 21 million most provide.

Bitcoin Treasuries List Claims 59 Companies and a Handful of Countries Hold 1.49 Million BTC
Data from buybitcoinworldwide.com’s Bitcoin Treasuries checklist on December 30, 2021.

Now just like Microstrategy saying a BTC buy now and again, the Salvadoran president Nayib Bukele has additionally been telling the general public about El Salvador’s BTC acquisitions. For occasion, El Salvador bought 21 BTC to have a good time the twenty first day, yr, and century on December 21.

The Bitcoin Treasuries checklist hosted on buybitcoinworldwide.com exhibits that there are 59 firms that maintain BTC on their steadiness sheets and 5 totally different international locations. At the time of writing, the online portal claims 1,499,493 BTC is held by these entities.

This equates to $71.6 billion in USD worth and 7.14% of the 21 million BTC provide cap. Now the Bitcoin Treasuries checklist notes that five countries personal BTC and the primary one on the checklist is Bulgaria, nevertheless, the stash of 213,519 BTC held by Bulgarian authorities is controversial and many individuals imagine the coins have been bought.

In April 2018, the regional information publication Bivol explained that Bulgaria’s finance minister, Vladislav Goranov, defined that the BTC was bought. Goranov famous that the BTC was bought to “several sovereign wealth funds and Asian investors.” It additionally famous that Deloitte and the FBI helped facilitate the gross sales and the BTC was bought for €15,000 per unit.

If that stash is taken off the Bitcoin Treasuries checklist’s mixture, the present BTC held by firms and 4 international locations can be 1,285,974 BTC price $61.1 billion. The Bitcoin Treasuries checklist then says El Salvador holds 1,391 BTC, the UK authorities holds 46,351 BTC, Finland has 1,981 BTC, and Georgia has 66 BTC.

Microstrategy, Tesla, Galaxy Digital Hold the Top 3 Public Company Positions — Block.one, Tezos Foundation, Stone Ridge Hold the Top 3 Private Company Positions

That would depart the Bitcoin Treasuries checklist right down to ETFs, non-public firms, and public companies. The publicly listed firm with essentially the most BTC on the time of writing in response to the Bitcoin Treasuries checklist is Microstrategy, with 122,478 BTC or $5.8 billion price of coins.

However, the corporate’s CEO Michael Saylor advised the general public it bought 1,914 BTC on Thursday. The Bitcoin Treasuries checklist exhibits that Tesla and Galaxy Digital maintain the second and third largest quantity of bitcoin in phrases of public firms.

Bitcoin Treasuries List Claims 59 Companies and a Handful of Countries Hold 1.49 Million BTC
Top 13 publicly-listed firms with bitcoin on their steadiness sheets as of December 30, 2021, in response to buybitcoinworldwide.com’s Bitcoin Treasuries checklist.

Tesla holds 42,902 BTC in response to the checklist and Galaxy Digital has a stash of 16,400 BTC. Those two public companies are adopted by Voyager Digital LTD (12,260 BTC), Square Inc. (8,027 BTC), and Marathon Digital Holdings (7,649 BTC).

That leaves 39 public firms holding BTC on their steadiness sheets with companies like MOGO Financing (18 BTC), Phunware, Inc. (127 BTC), Coinbase Global, Inc. (4,482 BTC), and Brooker Group’s BROOK (BKK) (1,150 BTC).

Six non-public firms maintain bitcoin as effectively together with Block.one (140,000), The Tezos Foundation (17,500), Stone Ridge Holdings Group (10,000), Massachusetts Mutual (3,500), Lisk Foundation (1,898), and Seetee AS (1,170).

Grayscale’s Bitcoin Trust Dominates the Entire Bitcoin Treasuries List, ‘Who Owns All the Bitcoin’ Lists Are Not Entirely Accurate

14 funds maintain 809,848 BTC in response to the checklist and the Grayscale Bitcoin Trust (GBTC) holds 648,069 BTC of that whole. Following GBTC, there are funds like CoinShares / XBT with 48,466 BTC, Purpose Bitcoin ETF with 22,411 BTC, and 3iQ Coinshares Bitcoin ETF that holds 21,237 BTC.

The Bitcoin Treasuries checklist provides a pretty good glimpse of a quantity of firms claiming to carry BTC on their steadiness sheet and it’s a nice deal bigger than it was final yr. However, identical to the discrepancy with the Bulgaria bitcoin stash talked about above, none of the so-called “who owns all the bitcoin” lists are completely correct.

In reality, with out cryptographic proof, these varieties of lists don’t maintain water in the case of precise onchain verification and precise “proof-of-reserves.” Despite this challenge, the lists are helpful for a visible perspective, of what might be the case, if a majority of these entities are being truthful about their BTC reserves.

Tags on this story
steadiness sheets, Bitcoin, bitcoin billion, bitcoin treasuries, bitcoin belief, bitcointreasuries.org, block.one, BTC, Coinbase, Crypto asset, Cryptocurrency, GBTC, grayscale, grayscale bitcoin belief, michael saylor, microstrategy, microstrategy bitcoin, Mogo, Phunware, reserves, Square, Tesla, Treasuries

What do you consider the Bitcoin Treasuries checklist on the finish of the yr? Let us know what you consider this topic within the feedback part under.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a monetary tech journalist dwelling in Florida. Redman has been an energetic member of the cryptocurrency neighborhood since 2011. He has a ardour for Bitcoin, open-source code, and decentralized purposes. Since September 2015, Redman has written greater than 5,000 articles for Bitcoin.com News in regards to the disruptive protocols rising at present.




Image Credits: Shutterstock, Pixabay, Wiki Commons, buybitcoinworldwide.com’s Bitcoin Treasuries checklist.

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