Summary
- Blockware Intelligence forecasted that publicly listed companies holding Bitcoin will increase by over 25% by year-end.
- It was reported that the number of publicly listed companies accumulating Bitcoin surged by 120% this year.
- The report evaluated that most companies purchasing Bitcoin are either newly established or struggling firms.
There is an outlook that the number of publicly listed companies holding Bitcoin (BTC) will increase by more than 25% by the end of the year.
According to Cointelegraph on the 13th (local time), Blockware Intelligence predicted in its Q3 market report that "by year-end, at least 36 additional publicly listed firms will be holding Bitcoin." This is an approximately 25% increase compared to the current 141 listed companies that hold Bitcoin.
Additionally, the report stated that the number of publicly listed companies that accumulated Bitcoin this year has surged by 120%. The report evaluated that "corporations holding Bitcoin serve as a 'bridge' connecting the stock market to Bitcoin." However, it also noted, "Most of the companies purchasing Bitcoin are either newly established or struggling businesses."
Meanwhile, according to BitcoinTreasuries, currently Strategy is holding 597,325 BTC, ranking first among listed companies in Bitcoin holdings.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit![[Exclusive] South Korea’s FSS to look into ZKsync coin after a 1,000% surge in just three hours](https://media.bloomingbit.io/PROD/news/073d8ae6-ffa0-4b8b-85dd-3f131d9eb908.webp?w=250)
