Michael Saylor: 60 Companies Have Total Bitcoin Reserves of 591,368 BTC
- MicroStrategy founder presented a list of companies that added the first cryptocurrency to their portfolio.
- The leader in terms of Bitcoin reserves is MicroStartegy itself with a figure of 444,262 BTC.
- The last place in the ranking is occupied by Kontrol Technologies with 15 BTC on its balance.
Michael Saylor, co-founder of tech giant MicroStrategy, has published a ranking of 60 companies that have begun to create Bitcoin reserves. The list is dominated by firms from the United States, but there are also representatives from countries such as Canada, Australia, Japan, and other countries.
The leader in terms of bitcoin reserves is MicroStrategy itself, which first acquired the cryptocurrency back in 2020. Since then, the company has been regularly purchasing the asset and now, according to Saylor, it has 444,262 BTC on its balance sheet. At the time of writing, this asset volume is estimated at $42.06 billion.
In second place is mining company MARA Holdings (formerly Marathon Digital) with 44,394 BTC worth $4.2 billion. It is followed by two more Bitcoin mining firms - Riot Platforms (17,429 BTC) and Hut 8 (10,096 BTC).
Fourth place went to the company of billionaire Elon Musk. According to available data, the car manufacturer Tesla has 9720 BTC on its balance sheet worth $920 million.
The top 10 companies with bitcoin reserves also included:
- Coinbase - 9480 BTC;
- CleanSpark — 9297 BTC;
- Block (Square) — 8363 BTC;
- Galaxy Digital - 5400 BTC;
- Boyaa — 3183 BTC.
In total, the 60 companies named by Saylor have 591,368 BTC on their balance sheets. At a Bitcoin price of $94,565, as quoted on TradingView , that's an asset worth $55.9 billion.
It should be noted that the last place in the ranking is occupied by the Canadian company Kontrol Technologies. It holds 15 BTC on its account with a market capitalization of $10.4 million and a staff of 80 people.
As a reminder, we wrote that MicroStrategy will hold a shareholder meeting to accelerate its $42 billion Bitcoin purchase plan.