Investing in bitcoin is no longer just a fade, but a long term business strategy. In a past few years bitcoin and cryptocurrencies as a whole has emerged as an alternative to the stock market. They are not merely creating news, but creating wealth. Though there are individuals like tech giant Elon Musk, who holds massive reserves of bitcoins, big corporate companys’ hoards surpass them by manyfolds. Let’s have a look at the top 10 companies with the largest bitcoin cache.
No. 10 largest bitcoin
Bitcoin Group SE- It is a German based investment company that delivers venture capital to organistaions with an emphasis on information technology. It was founded in 2008. It is estimated that they may hold over $50 million in BTC.
No. 9
Riot Blockchain,Inc – It is a US based proof-of-work bitcoin mining and digital infrastrcure company. It was became operational in 2018. Jason Les is its CEO. it currently holds 6,755 BTC, that amounts to $128,980,384.
No. 8
Block, Inc – It was established by Twitter founder, Jack Dorsey and the director of the Federal Reserve Bank of St. Louis, Jim McKelvey. It was previously known as Square Inc. It is mainly a payment platform. As of today, it hold 8,027 BTC, that amounts to $152,815, 578.
No. 7
Hut 8 Mining Corp. – it is a Toronto based Bitcoining mining company started in 2011. With Shane Downey as it’s CEO, it currently holds a cache of 8,811 BTC, that amounts to $167,741,131.
No. 6
Coinbase Global, Inc – It is a US based cryptocurrency exchange platform. It was established in 2012 by Brian Armstrong, who also serves as its CEO. Today, it holds 9,000 BTC, that amounts to $171,399, 255.
No.5
Marathon Digital Holdings, Inc – Founded in 2010, originally as a patent company, Marathon Digital Holdings transformed itself in 2021 as a bitcoin minnning company. They now focuses on digital assets creation and blockchain ecosystem. They currently holds a whopping 10,311 BTC, that amounts to $196,297,673.
No. 4
Tesla, Inc- The famous electrial vehicle gaint, founded in 2003 by world’s richest man Elon Musk, Tesla, holds 10,725 BTC. It amounts to $204,179,279.
No. 3
Voyager Digital LTD – It is a Cryptocurrency mining platform founded in 2018. It’s US based. Stephen Ehrlich is its CEO. They currently holds 12,260 BTV, that amounts to $233,402,141.
No. 2
Galaxy Digital Holdings – Founded in 2018, in USA by Mike Novogratz, Galaxy Digital Holdings is a digital asset and blockchain pioneer. They also offer financial and investment managment services. Novogratz also serves as its CEO. It currently holds a massive amount of 40,000 BTC. They value $761,507,800.
No. 1
MicroStrategy – It is a software company based in the USA. it was established 1989 by Michael Salyor and Sanju Bansal. Salyor remains its Chairman, while Phong Le is its CEO. It currently hold a the biggest amount of BTC, 130,000 which is $2,474,900,350.
Satoshi Nakamoto, the group or individual that developed bitcoin back in 2010, hold the biggest cache of bitcoins, between 750,000 and 1,100,000 bitcoin. Its value is estimated to be over $73 billion.