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