Wednesday, October 5

Public companies’ Bitcoin holdings have skyrocketed in 2021 By CoinTelegraph

© Reuters. Public companies’ Bitcoin holdings have skyrocketed in 2021

The amount of in the hands of private companies has increased significantly during 2021, taking advantage of the increases of the previous year.

In a tweet on Jan. 3, on-chain analyst Willy Woo stated that public companies that own “a significant amount of cash ETFs have gained market share as a way to access BTC exposure in the markets. of public securities “.

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This has been most noticeable since MicroStrategy’s “Bitcoin for Corporations” conference, held on February 3-4, 2021. The webinar was intended to explain legal considerations for companies looking to integrate Bitcoin into their businesses and reserves.

Read the full article on Cointelegraph

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