Bitcoin included
According to data from Bitcoin, Strategy (MSTR), the software company owns Bitcoin, owns nearly 600,000 BTC, earning an estimated $28 billion unrealized profit at a price of $117,464. The company has spent more than $42 billion accumulating, making it the third largest Bitcoin holder. Only Samoto At, the creator of the pseudonym Bitcoin, and BlackRock, asset manager, hold more.
However, BlackRock holds Bitcoin on behalf of investors in the Ishares Bitcoin Trust (IBIT), which was launched last January. In contrast, strategies retain tokens on their balance sheets. Michael Saylor, the company’s co-founder and executive chairman, has repeatedly said he has no intention of selling it. In fact, during yesterday’s BTC’s greatest run of all time, he gloated on the X-Post, “Eternal Hall echoes with the screams of those who sold Bitcoin.”
And who can blame him? After all, his company’s BTC Holding is far superior to all public companies.
Top 10 public Bitcoin finance companies and their value is $117,000 (bitcointreasuries.net/chatgpt)
Bitcoin holders from other companies have also seen their balance expand. Metaplanet (3350), a Japanese company that began to actively accumulate BTC in 2024, currently owns 15,555 coins worth approximately $1.83 billion. This leads to $284 million unrealized profits.
Meanwhile, El Salvador, the first country to adopt Bitcoin as its fiat currency, holds 6,234 BTC, worth around $733 million at its current price. That Bitcoin bet has resulted in a paper profit of $232 million. This is a major reversal due to losses faced in the Bear market in 2022.
Small and medium-sized businesses also take part in the gatherings. Following last year’s strategy’s financial strategy, Semler Scientific (SMLR), owns 4,636 BTC and has an unrealized profit of $160 million. The French Blockchain Group (ALTBG) owns 900 BTC, but still makes a profit of $30 million on paper.
These companies can close out their large profits by selling, but few have been discovered. In the Bitcoin community, many of these owners are known as “Maxis” – short for maxis – believe in holding assets indefinitely. While some may benefit over time, others like Saylor have publicly stated that they are planning to keep forever.