I didn't see the name of XXI Capital included in this list, or are they not qualified to be among the private companies liated down. We are aware that XXI capital recently bought 4812.2 btc worth approximately $458.7M recently. Twenty one capital has a mission to buy 42,000btc as their target. Nice work Op.
I think they just haven't added it to the site yet. But on other sites it seems like Twenty One capital is already listed. And maybe in the latest update Twenty One Capital will also be included in the list on this site. Moreover, I see that Twenty One Capital has other advantages compared to Microstrategy. Even though they are new, perhaps Twenty One Capital's adoption will start to get the same spotlight as Microstrategy.
Keep in mind Microstrategy buys bitcoin on behalf of thousands of institutional
and retail investors who hold shares in the company, similar to the Bitcoin ETFs.
So the companies and institutions who are invested in bitcoin numbers in the thousands.
The list would be too long to show in full here, but would be interesting to see the names on the list.
They can't hold bitcoin directly due to the complexity and technical issues but they can certainly
understand the value of bitcoin. The institutional demand is pretty insane and shows no sign of letting up.
Over 13K institutions exposed to Strategy as Saylor hints at BTC buyThat's right, friends, all public companies do it. Apart from company cash, they also add sometimes from bond funds or even from issuing new shares. And that's how public companies work. In fact, private companies also consist of many investors, but sometimes private companies are only available to certain groups and not to the public.
And there are indeed many of them. So listing them all could indeed be a very long list.
Holy shit I knew microstrategy has been buying btc but I had no idea about the amount they acquired. Thats lots of bitcoins. It is like microstrategy is single handedly carrying the whole crypto space. Imagine the chaos that would take place if they ever decided to dump their coins on the market. Bitcoin would flash crash to unbelievable levels. It would still recover but it wouldnt happen instantly probably as it would take billions of dollars to recover from that crash.
I hope Michael Saylor dont pull the rug on us. Otherwise it wont be a pretty scene.
Well they have a lot. But actually the companies that issue their bitcoin ETFs have a much faster bitcoin accumulation rate. And Blackrock now even has more bitcoin than Microstrategy. And I'm sure it will continue to grow quickly.
Good, you made this statistical data known to the community. Members who had no idea about this would now have clues on the bitcoin holdings by organizations, and this would also help give clues on the number of bitcoins circulating in the market, because I believe these numbers of bitcoins are out of circulation, but you did not mention the statistical data held by the government because I think the government too are keeping very large volume of bitcoin which would be okay if you had mentioned it.
Well maybe you are right about the bitcoin data that the government has, maybe I should add that too. It's just that for now this data is enough. As information to open our eyes, currently institutions are competing to collect bitcoin. And from this movement and increase, we can actually guess where the price of bitcoin will go in the long term. So it would actually be a shame if we only held bitcoin for the short term. Because if we look at the long term from this data alone we can see a picture of what the next few years will be like.