Public Firms don Hold Bitcoin Pass $100B, MicroStrategy Na Dey Lead
Public companies don boost dia Bitcoin holdings wit a net buy of $953 million last week, wit MicroStrategy leadin wit $700 million add. In total, 64 listed companies now dey hold over 2.3 million BTC wey worth more than $100 billion. Major owners include MicroStrategy, Marathon Digital and Coinbase, while Tesla and Square still dey contribute. These corporate Bitcoin holdings don reduce exchange supply, show say more institutions dey adopt and dey confident even as macroeconomic uncertainty full ground. Dis trend don fast since 2020 as companies dey diversify to protect against inflation and improve returns. E fit support price increase and reduce volatility. But increased regulatory scrutiny plus wider market conditions remain big risk factors.
Bullish
Big net buy dem plus sharp increase for company Bitcoin holdings mean say institutional confidence strong well well. Exchange supply reduce fit make price rise short term, meanwhile diversified company balance sheets dey support long-term stability plus lower wahala for volatility. Regulatory risks and macroeconomic matter still dey, but overall, companies wey get strong capital still dey adopt am show say Bitcoin get bright future.