Cryptocurrency information platform BBX has unveiled a new data platform focusing on publicly traded companies globally that are involved in the crypto space.
The platform indicates that currently, 66 public companies hold a combined total of 12 different cryptocurrencies as part of their strategic reserves. The aggregate market capitalization of these crypto-related stocks has reached $2.18 trillion.
According to the data, institutional Bitcoin reserves currently amount to 944,109.2 BTC. This quantity represents a value exceeding $100 billion based on current market prices. Furthermore, the total asset value of ETFs traded on crypto exchanges was reported to be $137.46 billion.
Here's a snapshot of data on some notable companies and their cryptocurrency holdings:
- MicroStrategy (MSTR): A leading investor in Bitcoin, MicroStrategy boasts a market capitalization of $104.92 billion and a share price of $403.99.
- Tesla (TSLA): Famed for its association with Dogecoin, the company's market capitalization exceeds $1 trillion, while the Dogecoin price stands at $0.1625.
- SharpLink Gaming (SBET): This company holds Ethereum (ETH). Its stock price has seen a 5.72% increase in the last 24 hours.
- DeFi Development Corp. (DFDV): Gaining attention for its investment in To the left (LEFT), the company's share price has risen by 16.72% to $23.80.
- Circle Internet Group (CRCL): Recognized for its investments in the USDC stablecoin.
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The 12 cryptocurrencies included in the strategic reserves of these 66 companies are:
- Bitcoin (BTC)
- Ethereum (ETH)
- To the left (LEFT)
- USD Coin (USDC)
- BNB (BNB Coin)
- XRP
- Dogecoin (DOGE)
- TRON (TRX)
- OCD
- Bitcoin Cash (BCH)
- PayPal USD (PYUSD)
- Celestia (TIA)
*Disclaimer: This is not investment advice.
Continue Reading: 66 Publicly Traded Companies Hold 12 Cryptocurrencies – Here’s the List of Altcoins They Hold