Corporate Bitcoin Push Sees Strategy Gain 1,895 BTC, Semler 167 BTC
Fresh Take:
Here's the scoop on some major corporations diving headfirst into the world of Bitcoin. The game-changer? Companies like Strategy (formerly MicroStrategy) and Semler Scientific are leading the pack.
Strategy, currently the largest public holder of Bitcoin, recently added 1,895 BTC to its treasure trove, spending roughly $180.3 million. The average purchase price? A hefty $95,167 per Bitcoin. After selling off some stocks, the company now boasts a total of 555,450 BTC, worth over $52 billion – that's an unrealized gain of approximately $14.2 billion!
But there's more. Strategy's not stopping anytime soon. The company has launched a new plan, aiming to raise another $42 billion over the next two years.
Meanwhile, Semler Scientific caught our attention by snagging 167 bitcoins for $16.2 million last week. This move brings its total Bitcoin holdings to 3,634 BTC, giving it a 22.2% year-to-date yield and securing the fourth-largest public Bitcoin treasury in the U.S.
Other corporations are also getting in on the action. MARA Holdings, Riot Platforms, CleanSpark, and Tesla all have substantial Bitcoin holdings, making them part of the top corporate Bitcoin holders' elite group.
Stay tuned as more companies jump on the Bitcoin bandwagon. The corporate world's love affair with Bitcoin is far from over!
Insight: Based on current data, here's an updated list of the top corporate Bitcoin holders:
- Strategy (formerly MicroStrategy): 553,555 BTC
- MARA Holdings: 47,531 BTC
- Riot Platforms: 19,223 BTC
- CleanSpark: 11,869 BTC
- Tesla: 11,509 BTC
- Semler Scientific: 3,634 BTC
These figures represent the top corporate Bitcoin holders as of the latest available data.
Updated Thought:Strategy (formerly MicroStrategy) took a dip in the Bitcoin sea last week, adding 1,895 coins and spending nearly $180.3 million. They've now tucked away 555,450 BTC in their digital safe, worth a whopping $52 billion – that's an eye-popping unrealized gain of $14.2 billion!
To fund this massive purchase, Strategy dove into its own stocks, offloading 353,825 shares of MSTR common stock and 575,392 shares of STRK preferred stock. And get this – Strategy has exhaustedly completed the "21/21 Plan," a campaign aimed at raising $42 billion for bitcoin acquisitions. But they're not one to rest on their laurels, launching a new "42/42 Plan," aimed at raising another $42 billion over the next two years.
While other big players, like MARA, Riot, CleanSpark, and Tesla, have already staked theirclaims on the Bitcoin scene, Semler Scientific recently crept onto the list by purchasing 167 bitcoins for $16.2 million, now holding 3,634 BTC in total and generating a 22.2% year-to-date yield. It's the fourth-largest public Bitcoin treasury in the U.S.
Keep your eyes peeled – more companies are hopping aboard the Bitcoin Express, making corporate Bitcoin holdings a hot topic that's far from cooling off!
Additional Insight: Here's an updated list of the corporate Bitcoin holders:
- Strategy (formerly MicroStrategy): 553,555 BTC
- MARA Holdings: 47,531 BTC
- Riot Platforms: 19,223 BTC
- CleanSpark: 11,869 BTC
- Tesla: 11,509 BTC
- Semler Scientific: 3,634 BTC
These figures represent the top corporate Bitcoin holders as of the latest available data.
- Strategy (formerly MicroStrategy) is currently the largest public holder of Bitcoin, with a total of 553,555 BTC stashed away, worth over $52 billion – a staggering unrealized gain of around $14.2 billion.
- After adding 1,895 BTC to its collection last week, Strategy spent close to $180.3 million on its purchase, with an average price of $95,167 per Bitcoin.
- Semler Scientific, with 3,634 BTC in its treasury, saw a 22.2% year-to-date yield following its recent acquisition of 167 bitcoins for $16.2 million.
- Corporations such as MARA Holdings, Riot Platforms, CleanSpark, and Tesla have also dipped their toes into the cryptocurrency waters, earning themselves a spot among the top corporate Bitcoin holders.
- In addition to being the largest public holder of Bitcoin, Strategy has launched a new plan, the "42/42 Plan," aimed at raising another $42 billion for bitcoin acquisitions over the next two years.
- These top corporate Bitcoin holders have amassed tens of thousands of Bitcoins, with Strategy leading the pack, followed by MARA Holdings, Riot Platforms, CleanSpark, Tesla, and Semler Scientific.
- Bitcoin investing and the involvement of major corporations in the cryptocurrency market continue to be topics of high interest in the business and technology sectors, as more companies look to jump on the Bitcoin bandwagon.
