Bitcoin Adoption by Public Companies Grows as Institutional Interest Surges

The shift in Bitcoin adoption from retail traders to institutional investors has accelerated over the past year due to favorable regulatory frameworks. Institutional participation is facilitated by spot Bitcoin ETFs in the U.S., enhancing confidence in the digital asset.

Bitcoin's market capitalization has reached $2 trillion, with potential projections to surpass Gold as a store of value.
Finite supply and intrinsic value make BTC attractive to nations, including El Salvador.

Bitcoin Adoption by Public Companies

MicroStrategy holds approximately 447,470 BTC, valued over $42 billion, significantly benefiting shareholders.
MicroStrategy's stock has increased over 20 times since adopting a Bitcoin strategy.
Publicly traded mining companies like Marathon Digital Holdings, Riot Platforms, and Hut 8 Mining Corp have integrated BTC into their balance sheets to hedge against inflation.
Tesla and SpaceX also hold Bitcoin, with Tesla owning about 9,720 BTC valued at approximately $914 million.
Other companies investing in BTC include Coinbase Global (9,480 BTC), Galaxy Digital (3,150 BTC), Bitcoin Group SE (3,589 BTC), and Block Inc (8,363 BTC).
Concerns persist regarding fiduciary duties of board members in justifying investments in high-risk assets.

Why Now?

High demand for Bitcoin has driven its valuation above $2 trillion, aided by U.S. ETF issuers accumulating around 1,289,480 BTC worth over $121 billion.
Approximately 2 million Bitcoins remain available on centralized exchanges, prompting companies to raise funds and acquire more BTC.
Anticipated approval of strategic Bitcoin reserves by the U.S. is increasing institutional demand for BTC.