In 12 months, public companies, private companies, listed funds, and even countries have added bitcoins to their balance sheets.As of July 17, 2022, the aforementioned types of entities today hold approximately 1,325,396 bitcoins worth $27.84 billion. However, the number of coins held in the Bitcoin treasury has decreased by approximately 102,045 Bitcoins worth $2.1 billion since June 5, 2021.
Bitcoin balance sheet data slides from 1.42 million to 1.32 million
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Last year, the USD price ofBitcoin (BTC)rose significantly, reaching $64K in April and $69K in November. 69K high Since then, bitcoin has lost nearly 70% of its value against the USD over the past 8 months. Year-to-date, bitcoin (BTC) is down 33.8% against the USD.
In 2021, many headlines discussed the growing list of bitcoin treasuries arising from the likes of publicly traded and private companies; companies like Microstrategy (Nasdaq: MSTR) started this trend, Tesla (Nasdaq: TSLA), Block Inc. (NYSE: SQ), Galaxy Digital (TSE: GLXY)
As the months passed last year, bitcoin and many other crypto assets hit all-time highs, and countries like El Salvador addedBTCto their balance sheets. over a year ago today, or 13 months ago on June 5, about 1,427, 441 bitcoins were held in custody by public companies, private companies, exchange-traded funds (ETFs), and countries.
At that point last year,.142 million BTCwere worth $78,387,515,121 ($36.3K per unit) using the June 5 bitcoin exchange rate. Currently,is worth considerably less. Currently, 1,325,396 bitcoins on the list are owned by companies and countries, so there are considerably fewer BTCheld in the bitcoin hoard. on the June 5, 2021 year-to-date index, bitcoin (BTC) was up 284.2% against the USD % increase.
Today its stash is worth only $27.84 billion, and 102,045 sold BTCare now worth $2.1 billion, according to record data from the Bitcoin Treasuries list via archive.org, which holds33 listed companies had BTCon their balance sheets on June 5, 2021.
Today, there are 38 public companies holding Bitcoin in their Treasury, and they hold a total of 262,695 BTCworth $5.5 billion. Last year there were 4 private companies holdingBTC; there were 4 private companies holding BTC, now there are 7.
last year when there were 4 companies collectively holding 317,383
BTCnow there are 7 private companies holding a combined 174,381BTCTezos Foundation holds 24, 808BTCheld by the Tezos Foundation, which held BTCand now has 17,500held by private companies; BTC
Stone Ridge Holdings Group held 10,889BTCand now holds about 10,000 Bitcoins. Last year, Ukraine was listed on the Bitcoin Treasuries list with 46,351BTC, and this number is still consistent with today’s records.The list of Bitcoin Treasuries may not be entirely accurate, and the “Who owns bitcoin? ” list should be taken with a grain of salt.
New additions include El Salvador with 2,380BTC1,981BTC in Finland; BTCAnd 66BTCin the Georgian government; it holds BTC; Cypherpunk Holdings once held 360BTC; according to the June 2021 Bitcoin Treasuries list, it held BTC, but now the listed company has zero holdings after selling all of its; holds BTCand; ETH.
Any of the bitcoins sold from the stash recorded on archive.org were likely exchanged at a higher price than today. In fact, from a price of $36.3K per piece in June 2021,. BTCcould have sold near the top at $69K; bitcoins sold after the November price spike would still be higher than today’s USD value.
What do you think about the number of public and private companies, ETFs, and countries holding bitcoin on their balance sheets compared to a year ago? Let us know what you think about this subject in the comments section below.
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