[Stanley]

Public companies reach 1M Bitcoin, hitting 5.1% of BTC supply




Public companies’ Bitcoin holdings surpassed 1 million BTC, with Michael Saylor’s Strategy maintaining a massive lead amid a wave of entrants.



https://cointelegraph.com/news/public-co...er_inbound

[Charlie Sheen]

I hope they hodl for ever. It would be catastrophic to see that dumped someday.

[Lowkey]

Lets hope they dump it one day and collapse the entire coin scam market.

[SUI-3183372]

This is backfiring for about every 1 and 3 companies that does this. Plenty of these new BTC treasury companies are at risk of being delisted from the NYSE, and their stock price has decoupled from the price of BTC.

Strategy, Nakamoto Holdings, and Twenty One Capital are down 12%, 50% and nearly 26.5% over the past 30 days, despite how strong BTC has been this quarter.

[sharn]

The increasing Bitcoin holdings by public companies are contributing to the maturation of the cryptocurrency market.
This institutional involvement is bringing greater legitimacy to digital assets.

[Moooookie]

Everyone and their mother wanting a piece of the crypto pie.. BTC looking too good to turn down. Let's just pray it never has a sudden drop, I think some have gotten so comfortable at this point, they never envision that ever happening.