While Tesla is the most familiar name across the world’s largest corporate buyers, several companies have amassed far more bitcoin - leading their share prices to skyrocket in value last year. At the same time, the vast majority are found in North America, with the exception of Nexon, a Japanese-based video game publisher. This graphic, via Visual Capitalist's Marcus Lu, shows the public companies that own the most bitcoin, based on data from CoinGecko.
In 2021, the company announced that it bought $1.5 billion in bitcoin to help boost the company’s bottom line. It also served as a way to provide liquidity to customers who could buy its products with the cryptocurrency. Yet the following year, the company sold a large share of its holdings at a steep loss during the crypto crash. Two Canadian companies, Hut 8 and Hive Blockchain, are top holders of bitcoin.
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