Global listed companies, excluding miners, snapped up a staggering $953 million worth of Bitcoin last week, signaling strong institutional interest in the cryptocurrency. Data from Sosovalue reveals that MicroStrategy, led by Bitcoin advocate Michael Saylor, accounted for the lion's share of this investment, purchasing approximately $740 million worth of BTC. Japanese firm MetaPlanet, a consistent buyer for the past five weeks, paused its purchases. Other notable investors include semiconductor developer Sequence, web developer Smarter Web Company, Semler Scientific, and The Blockchain Group. Currently, global listed companies collectively hold 681,680 BTC, valued at around $80.4 billion. This represents 3.43% of the total Bitcoin supply, highlighting the growing influence of publicly traded entities in the Bitcoin market. This recent surge in institutional buying suggests a bullish outlook for Bitcoin's long-term value. ```
Global Companies Invest $953 Million in Bitcoin: MicroStrategy Leads the Charge
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