Top 10s in Crypto Market
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    Vignesh is a young journalist with a decade of experience. A proud alumnus of IIJNM, Bengaluru, he spent six years as a Sub-Editor for a leading business magazine, published from Kerala. His interest in futuristic technologies took him to a US-based software company specialising in Web3, Blockchain and AI. This stint inspired him to view the future of journalism through the lens of next generation technologies. Now, he covers the crypto scene for Coinpedia, uncovering a vibrant new world where technology and journalism converge.

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    Top 10 Public Companies Holding Over 1,000 Bitcoins 

    Story Highlights
    • Bitcoin's price has been on the rise since November 5th, 2024, and is now over $100,000.

    • MicroStrategy is the top public company holding the most Bitcoin, followed by Marathon Digital Holdings and Riot Platforms.

    • Other notable companies holding a significant amount of Bitcoin include Tesla, CleanSpark, Coinbase, Block, Galaxy Digital Holdings, and Bitcoin Group SE.

    The Bitcoin market achieved a significant milestone in December, surpassing the $100,000 mark for the first time since November. On November 6, Bitcoin broke its mid-March peak of $73,000, and by December 5, it reached $100,000. Since Donald Trump’s election victory on November 5, the BTC market has grown by at least 41.75%.

    MicroStrategy’s Dominance

    MicroStrategy, the public company with the largest Bitcoin holdings, has seen an impressive surge of nearly 52.86% in value. Michael J. Saylor, co-founder of MicroStrategy, has highlighted the company’s growth due to its innovative Bitcoin acquisition strategy. He has even called on other tech giants, particularly Microsoft, to follow suit in adopting Bitcoin.

    Prediction markets now predict a high probability that at least one of the Magnificent Seven companies will adopt Bitcoin in 2025. This brings us to a fascinating question: Which public companies hold more than 1,000 BTC?

    Here’s a list of the top ten public companies with over 1,000 BTC:

    Company NameNumber of Bitcoins
    MicroStrategy444,262
    Marathon Digital Holdings40,435
    Riot Platforms16,728
    Hut 8 Corp10,096
    Tesla9,720
    CleanSpark9,297
    Coinbase9,000
    Block8,211
    Galaxy Digital Holdings8,100
    Bitcoin Group SE3,830

    MicroStrategy: The Bitcoin King

    MicroStrategy, founded in 1989 by Michael J. Saylor, Sanju Bansal, and Thomas Spahr, remains the leader in Bitcoin holdings, with 444,262 BTC, valued at approximately $42.7 billion. This year alone, the company has acquired at least 255,112 BTC, with its most recent purchase of 15,400 BTC on December 2.

    Currently, MicroStrategy’s stock price stands at $341.05, having surged by 94.58% in the past three months. Many consider MicroStrategy’s stock a proxy for Bitcoin, although critics argue the company is overly reliant on its cryptocurrency holdings.

    Marathon Digital Holdings 

    Marathon Digital Holdings, the Florida-based crypto mining company established in 2010, is in the second position on the list. The company owns not less than 40,435 BTC, valued at around $3,888,294,700. On December 10, it purchased around 6,560 BTC. 

    Since November 5, the MARA market has recorded a rise of at least 18.84%. At the start of this month, the price was at $26.84. However, since then, it has declined by 28.09%.   

    Marathon Digital is one of the largest BTC miners in the world. Lately, it increased its capacity, acquiring at least two BTC mining sites from Generate Capital.

    Riot Platforms 

    Riot Platforms INC, the bitcoin mining company founded in 2000, stays in the third position in the list. The Castle Rock-based company has approximately 16,728 BTC, worth around $1,610,279,267. This month alone, the company has purchased over 6,709 BTC. 

    The company primarily focuses on three segments: Bitcoin Mining, Data Center Hosting and Engineering. 

    In the last three months, the RIOT market has witnessed a surge of more than 46.38%. At the start of this month, the price stood at $12.61. Since then, it has slipped by approximately 8.4%.

    Hut 8 Corp 

    Hut 8 Corp, the vertically integrated operator of energy infrastructure and Bitcoin miners based in Miami, is in the fourth position on the list. Founded in 2017, the company focuses on four areas: Digital Assets Mining, Managed Services, High Performance Computing and Cloud Services. 

    The company owns around 10,096 BTC, valued at $972,811,892. This month, it has bought at least 987 BTC. 

    In the last three months, the HUT market has experienced a surge of at least 82.22%. On November 5, the price stood at around $16.67. Since then, it has grown by over 43.31%

    Tesla

    Tesla, the automotive and clean energy company founded in 2003 by Martin Eberhard and Marc Tarpenning, is in the fifth position on the list. A year after its lunch, Elon Musk joined the company. Later, he was awarded the position of CEO. 

    The Musk-run company now holds 9,720 BTC, valued at $936,085,863. 

    Tesla is one of the Magnificent Seven stocks. In the last three months, the TSLA market has recorded a rise of 74.06%. Between November 5 and December 17, it climbed steeply from $251.22 to $479.55. This month, it has surged by around 27.24%.      

    CleanSpark 

    CleanSpark, the Bitcoin mining company headquartered in Nevada, remains in the sixth position on the list. The company is renowned for its low-carbon policy. It operates numerous data centres. 

    This American BTC mining company owns at least 9,297 BTC, worth around $889,705,142. Since September, it has purchased over 2,215 BTC. 

    In late March, the CLSK market touched a yearly peak of $24.07. Between mid-July and early September, the market plummeted from $19.82 to $8.07. Right now, the price of CleanSpark stands at $10.36. 

    Coinbase 

    Coinbase, a very popular name in the crypto industry, is in the seventh position on the list. The company, founded in 2012 by Brain Armstrong and Fred Ehrsam, runs a cryptocurrency exchange. The exchange has a 24-hour trading volume of $3,531,375,079. It is the largest crypto exchange in the United States in terms of trading volume. At present, there are at least 269 coins and 422 trading pairs on the exchange. 

    The company holds around 9,000 BTC, valued at $867,666,150. 

    In the last three months, the COIN market has seen a growth of 43.21%. Since the first day of November alone, the market has surged by nearly 52.29%. 

    Block

    Block, Inc., founded by Jack Dorsey in 2009, stays in the eighth position on the list. The company, which offers financial services, is the US market leader in point-of-sale systems. 

    This American conglomerate owns around 8,211 BTC, worth nearly $786,265,735. Since September 2024, the company has purchased around 184 BTC.  

    In the last three months, the SQ market has displayed a surge of 36.76%. On November 5, the price stood at $71.56. Since then, the market has climbed by over 27.83%. 

    Galaxy Digital Holdings 

    Galaxy Digital Holdings Ltd., the digital asset and blockchain company headquartered in New York, is in the ninth position on the list. The company mainly focuses on three areas: Global Markets, Asset Management and Digital Infrastructure Solutions. 

    The company owns around 8,100 BTC, worth around $775,170,405. 

    In the last three months, the GLXY market has experienced a rise of approximately 41.61%. Interestingly, since November 5, it has climbed by over 60.18%.

    Bitcoin Group SE

    Bitcoin Group SE, the investment holding company founded in 2008, is in the tenth position on the list. A subsidiary of Priority AG, it primarily offers financial services, and even runs a trading platform, named Bitcoin.de. 

    This Germany-based company holds 3,830 BTC, valued at $371,990,243. 

    This year, the ADE market has seen a surge of 40.48%. However, since November 5, the market has declined by 2.25%. 

    In conclusion, the year 2025 is going to be an exciting year for the crypto industry, especially for those with considerable BTC holdings. 

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