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This is a reference to the Fortune 500 companies like Square, Tesla, and Blackrock that hold thousands of bitcoin on their balance sheet. You can see the curre
by magicjosh 5y ago
This is a reference to the Fortune 500 companies like Square, Tesla, and Blackrock that hold thousands of bitcoin on their balance sheet.
You can see the current tallies at https://bitcointreasuries.net/ https://bitcointreasuries.net/
- pgwhalen 5y agoGreat link, thanks. At the time I looked, MicroStrategy’s market cap is lower than the amount of bitcoin it holds. That has to be awkward if you’re an employee there.
- fennecfoxen 5y agoOh, sure, but just because it's on your balance sheet doesn't mean it's a "store of value". Quite often it may be speculative. Bitcoin is much better at being speculative than storing value, after all.