News

Top 60 Bitcoin Holders: Michael Saylor Advocates for Accumulation

By Updated:
A stack of golden Bitcoin coins in the foreground with a stylized list of the top 60 Bitcoin holders in the background, including company logos like MicroStrategy, Tesla, and Coinbase, symbolizing institutional investment

Michael Saylor’s Call for Bitcoin Accumulation

Michael Saylor, co-founder of MicroStrategy and a prominent Bitcoin advocate, has emphasized the importance of accumulating Bitcoin amidst rising scarcity concerns. Saylor shared insights into the holdings of the top 60 Bitcoin Holders, highlighting significant investments by global entities.

Top 60 Bitcoin Holders : Leaderboard

MicroStrategy tops the list with an astounding 444,262 BTC, far surpassing Marathon Digital’s 44,394 BTC. Tesla ranks fifth with 9,720 BTC, while other key players like Coinbase, Galaxy Digital, and Block showcase their strategic Bitcoin reserves. Collectively, these 60 entities hold 591,368 BTC, valued at over $54 billion at current rates.

MicroStrategy’s Strategic Bitcoin Moves

MicroStrategy recently invested $561 million in Bitcoin, buying at an average cost of $107,000 per BTC. The company reported a 0.72% BTC yield last week, generating 3,177 BTC worth $299 million, reinforcing the financial advantages of Bitcoin holdings for its shareholders.

Liam Ross is a journalist specializing in cryptocurrencies and blockchain, known for his innovative approach and clear, engaging writing style. His interest in digital finance and disruptive technologies has led him to explore the many facets of this rapidly growing ecosystem. Since 2015, Liam has been dedicated to deciphering emerging trends and providing in-depth analyses of the transformations cryptocurrencies are bringing to global markets. With a degree in economics and journalism, he began his career covering traditional financial news before becoming fascinated by the potential of blockchain to revolutionize economic systems.

RELATED POSTS

Exit mobile version