As reported by U.Today, cryptocurrency index fund manager Bitwise recently estimated that the total number of Bitcoins held by public companies had approached the 700,000 BTC mark in Q1. Last quarter, 12 more companies jumped on the Bitcoin train. According to the most recent data, it currently stands at 711,000 BTC. Strategy is the biggest holder of BTC by an enormous margin, buying a total of $35.6 billion. As reported by U.Today, Strategy's most recent Bitcoin purchase of $556 million was announced on Monday.
Read more on U.Today https://u.today/bloomberg-us-companies-might-reconsider-role-of-crypto-in-treasury-management
