📢 Wall Street’s Bitcoin Grab: Public Firms Now Hold Over 1,000,000 $BTC
🔥 A historic milestone: publicly traded companies now control over 1 million $BTC — nearly 5% of Bitcoin’s fixed 21 million supply. Institutional conviction around Bitcoin has never been stronger.
👔 Who’s leading the pack?
•Strategy (Michael Saylor): 636,505 BTC
•MARA Holdings: 52,477 BTC
•XXI (Jack Mallers): 43,514 BTC
•Bitcoin Standard Treasury Co.: 30,021 BTC
•Bullish: 24,000 BTC
•Metaplanet: 20,000 BTC
…and more names like Riot Platforms, Trump Media, CleanSpark, and Coinbase are stacking fast.
⚠️ But here’s the catch:
Despite Wall Street’s embrace, on-chain activity is lagging. Transaction fees have dropped to historic lows, putting miners under pressure in a post-halving world. With the next halving in 2028, concerns are growing about sustainability, decentralization, and whether Bitcoin can truly live up to its “digital gold” narrative.
💬 What do you think: Is Wall Street’s Bitcoin grab bullish for the future, or does it create new risks?