Summary
- It reported that the number of listed companies holding Bitcoin increased by 48 over the past three months, reaching a total of 172.
- The value of Bitcoin held by listed companies was 117 billion dollars, a 28% increase from the previous quarter.
- Institutional Bitcoin accumulation is expected to accelerate further as regulation and infrastructure mature.
The number of listed companies holding Bitcoin (BTC) has increased by nearly 40% in three months, and analysis says companies' 'long-term buying pressure' is strengthening.
On the 14th (local time), Cointelegraph reported that Bitwise, in its 'Q3 Corporate Bitcoin Holdings Report', said, "48 companies newly purchased Bitcoin between July and September this year, bringing the total to 172 companies holding Bitcoin." The value of Bitcoin they hold totaled 117 billion dollars, an increase of 28% from the previous quarter. This amounts to about 4.9% of the total Bitcoin supply.
Hunter Horsley, CEO of Bitwise, said, "This number is astonishing," and evaluated that "Bitcoin has now become an asset that not only individuals but companies want to hold."
Rachael Lucas, a BTC market analyst, said, "The recent accumulation of Bitcoin is a sign that institutions are not stepping back from the market but are instead doubling down on their bets." She added, "As regulation becomes clearer and infrastructure matures, this movement will accelerate further."
Meanwhile, the top company by Bitcoin holdings is Strategy, which currently holds 640,250 BTC.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit![[Market] Bitcoin falls below $82,000...$320 million liquidated over the past hour](https://media.bloomingbit.io/PROD/news/93660260-0bc7-402a-bf2a-b4a42b9388aa.webp?w=250)
