MicroStrategy Inc. is the largest bitcoin holder in the list of independent investors, and it refers to Nasdaq under MSTR ticker. Since late summer, it has invested $425 million in bitcoin, which has since grown to $442 million. MicroStrategy's investors are BlackRock, Vanguard and the Norwegian State Pension Fund, all of which have indirect access to bitcoin through their shares in the company.
In second place is Galaxy Digital Holdings with 16,651 BTCs worth about $192.5 million at current exchange rates. The third and largest in the list in terms of capitalization is the payment company CEO Twitter Jack Dorsey Square Inc. Just last week, it announced it had invested $50 million or 1% of its assets in Bitcoin.
Companies that help customers invest in bitcoin are a separate block at the bottom of the list. The lion's share in the total amount of investments is accounted for by Grayscale Investments with its trust GBTC, which contains 449,596 BTC for almost $5.2 billion.
It also includes such asset managers as CoinShares and 3iQ. In total, 13 companies from the list have 598,237 BTC at their disposal, which is more than $6.9 billion or 2.85% of the issue volume. The asset value of all public companies except HUT 8 Bitcoin Miner has increased since the purchase of the crypt currency.
Opinions differ on whether this is good or bad. An analyst at Theta Seek states: "598K in BTC may be seized by US authorities. I don't like it". Commentators suggest that the spread of Bitcoin among large U.S. companies, on the contrary, reduces the chances of a ban on the cryptographic currency.