These 3 Public Companies Now Own Nearly 4% of All Bitcoin and Why That’s Risky
DATCOs, a.k.a Digital Asset Treasury Companies, now collectively hold over $100 billion in digital assets. The bulk of these holdings is dominated by publicly listed firms, with Michael Saylor-led Strategy leading the pack, followed by Japan’s Metaplanet and US-based SharpLink Gaming.
Together, treasury companies have amassed 791,662 BTC and 1,313,318 ETH, representing roughly 3.98% of Bitcoin’s and 1.09% of Ethereum’s circulating supply.
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These 3 Public Companies Now Own Nearly 4% of All Bitcoin and Why That’s Risky
DATCOs, a.k.a Digital Asset Treasury Companies, now collectively hold over $100 billion in digital assets. The bulk of these holdings is dominated by publicly listed firms, with Michael Saylor-led Strategy leading the pack, followed by Japan’s Metaplanet and US-based SharpLink Gaming.
Together, treasury companies have amassed 791,662 BTC and 1,313,318 ETH, representing roughly 3.98% of Bitcoin’s and 1.09% of Ethereum’s circulating supply.
Read More