Bitcoin is one of the most sought-after cryptocurrency investments. Almost all the investors would seek to have at least a little portion of their investments in Bitcoin. Well, organizations seem to be nowhere behind in this aspect. On that note, let us have a look at the top 10 companies with the biggest bitcoin holdings in 2022.
This is a prominent business analytics platform that has adopted Bitcoin as its primary reserve asset. As far as its holdings are concerned, the company has about $2.8 billion in Bitcoin investment as of July 2022.
Galaxy digital holdings are yet another key holder of bitcoin with about 16400 BTC. This company was founded by Michael Novogratz in January 2018. Galaxy digital holdings have partnered with crypto firms including Block. one and BlockFi.
To provide a one-stop shop for trading digital assets, Voyager Digital LTD holds about 12260 BTC, thereby making it to the list of the top 10 companies with the biggest bitcoin holdings in 2022.
Well, who isn't aware of this global company? This electric vehicle manufacturing company stated that it had close to a $1.5 billion investment in Bitcoin as on December 2020. Even though the company has sold a certain stake of Bitcoin investment, it still makes it to the list of the companies with huge bitcoin holding.
This is one of those bitcoin mining companies with about 10,055 BTC in its corporate treasury. Marathon Digital Holdings Inc. has a clear-cut objective – to become the largest Bitcoin mining operation in North America at one of the lowest energy costs.
As on October 2020, this company had about $50 million in investment in the cryptocurrency domain. Since then, the company's investment in Bitcoin has only grown. Currently, the company plans to assess its aggregate investment in Bitcoin relative to its other investments on an ongoing basis.
Hut 8 Mining Corp is a Canadian crypto mining firm that has a bitcoin holding of about $160 million. No wonder, why it finds its name in the list of companies with huge bitcoin holding/investment.
This is a Nasdaq listed company with a huge bitcoin investment. It has a multiple billion-dollar bitcoin holding out of which it had spent a good chunk in the bitcoin mining facility.
The fact that Coinbase is one of the most renowned crypto firms globally cannot go unnoticed. It went public recently in April 2021 and right after that the company revealed that it held about $230 million in Bitcoin investment.
This is a Germany-based venture capital firm that too has a significant investment in Bitcoin. Majorly, its investments include crypto exchange Bitcoin.de and Futurum bank, which merged in October 2020 to form "Germany's first crypto bank".
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.