Express

Data Shows Companies Hoard More Than $15.5 Billion Worth of BTC

Mary Liu

Summary: Public companies and institutional investors are hoarding Bitcoin.  According to data from the Bitcointreasuries, as of November 20, 2020, companies' BTC treasuries reach as high as 842,229, accounting for 4.01% of the current Bitcoin supply. If calculated with the price of $18,500, the total value exceeds $15.5 billion.  By Mary Liu

Public companies and institutional investors are hoarding Bitcoin. 

According to data from the Bitcointreasuries, as of November 20, 2020, companies' BTC treasuries reach as high as 842,229, accounting for 4.01% of the current Bitcoin supply. If calculated with the price of $18,500, the total value exceeds $15.5 billion. 

By Mary Liu

Last Update:

Tags: ,
Link: Data Shows Companies Hoard More Than $15.5 Billion Worth of BTC   [Copy]
Next:

Related Articles

  • The Road to 2026: Where Is the Web3 Ecosystem Heading Next? 17 days ago
  • Vishwa Advances Agentic Infrastructure Research Through Contribution to Emerging Framew... November 22, 2025
  • BitMart US Launches Operations with 49-State Licensing and Zero-Fee Program November 17, 2025
  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift October 30, 2025
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING October 29, 2025

    • You need to login to comment.