5 Companies That Have The Most Bitcoins In The World, Must Know!

List of large companies that have the most Bitcoins in the world. (Photo; Doc. Unsplash)

JAKARTA Bitcoin (BTC) is the largest cryptocurrency by market cap. Bitcoin has attracted the attention of many parties. The world community and various companies chose to channel their funds into Bitcoin. Currently, many people are wondering about who owns the most Bitcoins in the world. Are they individuals or companies?

Some speculate that Bitcoin creator Satoshi Nakamoto is the owner of the most. Even so, until now Satoshi Nakamoto's identity is not yet known. Then, there are more and more companies that own Bitcoin, one of which is Tesla. However, it turns out that Tesla is not the company that has the most Bitcoins in the world.

Most Bitcoin owners are divided between private users, public businesses, organizations, and anonymous wallets. While it is difficult to identify who owns the most Bitcoins, there are 5 public companies that have the largest portfolio in cryptocurrencies. Here are the five companies!

A well-known business analysis company called MicroStrategy has chosen Bitcoin as its main reserve asset. Currently MicroStrategy owns 132.500 BTC as a reserve, which is equivalent to slightly more than 4.03 billion US dollars (Rp61.5 trillion). MicroStrategy CEO Michael Saylor once stated that he bought $1.000 worth of Bitcoin every second. However, crypto destruction in 2022 has removed billions of dollars from their crypto deposits.

Crypto-focused merchant bank Galaxy Digital Holdings has 16,400 BTC worth around IDR 5.8 trillion based on today's exchange rate. With this ownership, Galaxy Digital is the largest institutional Bitcoin holder directly related to the cryptocurrency market.

Michael Novogratz founded the business in January 2018. In addition, he has also collaborated with Block.one and BlockFi, among other cryptocurrency businesses. Not surprisingly, Novogratz is a loyal supporter of Bitcoin.

Voyager Digital, a cryptocurrency broker, currently owns 12,260 BTC valued at around $267 million in exchange for today's exchange rate. The company, which aims to become a convenience store for digital asset trading, reported quarterly revenues of US$60.4 million (around Rp922 billion) in May 2021, an increase of 16x from the previous quarter. However, Voyager Digital is one of the most significant victims of the cryptocurrency's fall in 2022.

Tesla, the electric vehicle maker, joined the business group holding Bitcoin in December 2020. The SEC's filing shows that Tesla has invested a "US $ 1.50 billion Aggregate" worth IDR 22.9 trillion in cryptocurrencies.

Elon Musk, CEO of Tesla, stated that the company sold 10 percent of its Bitcoin holdings in Q1 2021. However, he said that it was done "to prove Bitcoin liquidity as an alternative to keeping cash on the balance sheet."

Digital Marathon Bitcoin mining company is an important investor in cryptocurrencies. The company stores 10.055 BTC worth IDR 3.6 trillion in its company treasury. Prior to focusing on Bitcoin mining, the company was originally founded as a patent holding company with the aim of creating North America's largest Bitcoin mining operation at low energy costs.

Likewise, the 5 companies that have the most Bitcoins in the world. At the time of writing, the price of Bitcoin is trading at the level of IDR 357 million per BTC. In the last 24 hours the price of BTC has fallen 1.5 percent. Keep up with the latest cryptocurrency information on VOI.id.