
Corporate adoption of Bitcoin has seen a significant increase, with global corporate holdings more than doubling over the past year, according to a report by Bitwise. The total corporate Bitcoin holdings have reached 593,406 BTC, valued at $55 billion. Notable companies contributing to this surge include MicroStrategy, which holds 503,000 BTC valued at approximately $27.9 billion, and HIVE Digital Technologies, with 2,805 BTC worth $262 million. Additionally, CleanSpark has surpassed the milestone of holding over 10,000 BTC. MicroStrategy has further announced plans to raise up to $2 billion through perpetual preferred stock offerings as part of its '21/21 Plan' to acquire $42 billion worth of Bitcoin over the next three years. MicroStrategy's recent acquisitions include 69,567 BTC for about $6.5 billion at an average price of $93,436 per bitcoin, achieving a Bitcoin yield of 47.8% quarter-to-date and 74.1% year-to-date. Other companies such as Tesla, Coinbase, and Marathon have also joined the trend set by MicroStrategy, which previously held 447,470 BTC valued at $42 billion.












Microstrategyโs $BTC stack is down $7.1 billion in the last 22 days holy f $MSTR https://t.co/4DRgCwFS9n
What happens to $MSTR when Bitcoin goes under $62,503 for a prolonged period of time? Not trolling. Just wondering. https://t.co/cnH6QdZtrE
Bitcoin is about to collapse again. Saylor bought most of $MSTR BTC at >$80K. A drop to $65k could trigger the convertible bonds, requiring him to repay lenders in $ or stock. He doesn't have permission to dilute shares, so he'll have to sell BTC below what he paid for it. https://t.co/NXYB39BxpP https://t.co/Vx3q6wHZkJ