"The Value of Bitcoin (BTC) Held by Public Companies Worldwide Surpasses ₩120 Trillion"
Summary
- It was announced that the value of Bitcoin (BTC) held by public companies worldwide has exceeded approximately ₩120 trillion.
- This represents 3.96% of the total Bitcoin supply, and the Bitcoin holdings of public companies are reportedly on the rise.
- Notably, North American companies make up the majority, with MicroStrategy accounting for 71.11% of total holdings.
The value of Bitcoin (BTC) held by public companies worldwide has surpassed ₩120 trillion. The majority of these major holding companies are based in North America.
According to bitcointreasuries.net, which tracks the global status of Bitcoin holdings as of the 20th (local time), public companies hold 832,601 BTC. With the current price at $104,658 per BTC, this amounts to $87,170,400,000 (approximately ₩120 trillion). This corresponds to 3.96% of the total Bitcoin supply of 21 million BTC.
Furthermore, the Bitcoin holdings of publicly traded companies are on the rise. Among these, MicroStrategy (formerly MicroStrategy) holds 592,100 BTC, accounting for 71.11% of the total. Marathon Holdings follows in second place with 49,543 BTC, and 21Shares is third with 37,230 BTC.
Meanwhile, the only non-North American company among the top 10 is the Japanese company Metaplanet (holding about 10,000 BTC), which ranks ninth overall.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
