A survey showed that 26% of institutional investors and wealth managers support Bitcoin’s use case as a reserve asset.
Bitcoin holdings of publicly listed companies have increased by almost 200% in a year, from $7.2 billion to $20 billion.
Bitbo data shows that 42 publicly listed companies hold 335,249 Bitcoin (BTC) worth roughly $20 billion. According to investment manager Nickel Digital Asset Management, the amount of BTC publicly traded firms held a year ago was worth $7.2 billion, which is a 177.7% increase in the value of BTC holdings of public firms.
Some of the publicly traded companies that own Bitcoin. Source: Bitbo