10 public companies that quietly turned their balance sheets into Bitcoin treasuries

10 Public Companies Quietly Investing in Bitcoin

With Bitcoin's unprecedented rise, it's no surprise that several public companies have taken keen interest in this digital asset. As more corporations see the potential of Bitcoin as a store of value and a hedge against inflation, a unique trend has emerged: companies quietly turning their balance sheets into Bitcoin treasuries.

List of Companies

• MicroStrategy: Known as one of the biggest corporate Bitcoin investors, MicroStrategy made headlines when it began turning its treasury into Bitcoin in 2020.
• Tesla: Elon Musk's Tesla has also made substantial Bitcoin investments, further boosting the acceptance of Bitcoin in the corporate world.
• Square: The financial services company, led by Twitter CEO Jack Dorsey, has allocated a portion of its assets to Bitcoin.
• Galaxy Digital Holdings: This diversified financial services firm has made significant investments in Bitcoin and other digital assets.
• Marathon Digital Holdings: As a digital asset technology company, Marathon holds a significant amount of Bitcoin in its treasury.
• Voyager Digital: This crypto-asset broker has been buying Bitcoin for its corporate treasury since 2020.
• Greyscale Bitcoin Trust: Greyscale is a digital currency investment product that individual investors can buy and sell in their own brokerage accounts.
• Block.one: A software company specializing in high performance blockchain technologies, Block.one maintains a substantial Bitcoin treasury.
• CoinShares: This digital asset investment company is yet another business that has been accumulating Bitcoin.
• 3iQ: The Canadian investment fund manager has a significant Bitcoin holding in its treasury.

These companies' investments in Bitcoin not only signal a shift in corporate strategy but also significantly impact the Bitcoin Fear and Greed Index, a tool that measures market sentiment. As companies acquire more Bitcoin, market sentiment tends to lean towards greed, pushing the index higher.

However, it's important to note that while these companies are betting big on Bitcoin, investing in cryptocurrencies comes with risks. Bitcoin's price can be highly volatile, and there's always the possibility of losing a significant portion of the investment.

Disclaimer: This content is for informational purposes only and not financial advice. Always do your own research before making any investment decisions.