In October, the Bitcoin holdings of publicly listed companies, or Bitcoin 'treasuries', saw a slight reduction. Among the top five publicly traded Bit
Only two of the top five Bitcoin holding companies that are publicly traded are in a positive position based on the ratio of BTC's current value to cost. Microstrategy continued to accumulate BTC in September despite its stock prices falling. October 11 saw a sharp dip in BTC treasury value when compared to October 9. In October, the Bitcoin holdings of publicly listed companies, or Bitcoin 'treasuries',saw a slight reduction.
6 billion, holds 11,466 BTC valued at around $327 million. The ratio that checks in the current value of Bitcoin holdings against cost for the company is at 1.73, placing it in a profitable position. Based on data from Bitcoin Treasuries, Marathon sold 766 BTC in March this year and didn’t make any other purchases. Tesla, Inc., with a market cap of $770 billion, maintains a Bitcoin balance of 9,720 BTC, currently valued at $277 million. Despite a low current value-to-cost ratio of 0.
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