Bitcoin holdings of public companies surged in 2021

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Institutions are bullish on Bitcoin! The amount of BTC held by public companies has gained significant market share from that held in spot ETFs.

) held by private corporations increased significantly during 2021, building on increases from the previous year., on-chain analyst Willy Woo claimed that public companies holding “significant BTC have gained market share from spot ETFs as a way to access BTC exposure on public equity markets.”” conference on Feb. 3 and 4, 2021. The online seminar aimed to explain the legal considerations for firms seeking to integrate Bitcoin into their businesses and reserves.

Michael Saylor’s MicroStrategy is a leading business intelligence firm and is known for being particularly bullish on BTC, owning almost $On Thursday, Saylor’s firm purchased a further 1,914 BTC worth $94 million. The company has gained more than $2.1 billion in profit since its initial Bitcoin purchase in August 2020.of BTC holdings inside exchange-traded funds and public company treasuries available for public ownership via equity markets, based on crowdsourced corporate treasury data.

Spot ETFs hold BTC, as opposed to futures, in which companies purchase exposure via contracts from the Chicago Mercantile Exchange futures market. Since MicroStrategy's"Bitcoin for Corporations" conference in Feb 2021, public companies* holding significant BTC have gained market share from spot ETFs** as a way to access BTC exposure on public equity markets.

 

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I fail to see a reason to not be bullish for BTC. I hold it on bitfinex and it’s not gonna change.

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Bitcoin holdings of public companies have surged in 2021The amount of BTC held by public companies has gained significant market share from that held in spot ETFs. Do these institutions know something we don't? I mean why won't more people want to own Bitcoin 🤷‍♂️✅🚀🌍, besides the fact that it's volatility can make you a millionaire.💵💰💹📊📈 They seem to be a lot of platforms out there that lets you earn passively with your $BTC, like; eToro💹, coinbase🪙, YIELDapp💰 etc. 🤷‍♂️💵🚀
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