Few Companies Holding Bitcoin Reserve and Trading in it

With the advancement of technology, the use of cryptocurrency is now in demand all over the world. Though, the concept is not a very new one. The cryptocurrency was first introduced in early 2000. Ever since, they have gradually come a long way to become one of the most popular mediums for carrying out different kinds of transactions. Talking about the types of cryptocurrencies, there are many in the market.

However, in every case, Bitcoin, at the end of the day, stands out from the crowd as most popular cryptocurrency.

You would be surprised to know that transactions worth billions of dollars are carried out using Bitcoin as a medium. Yes, it is that fascinating! If you, too, are planning to start trading in Bitcoin or seem to beinterested in exploring the money making oppurtunites through bitcoin investment,there are certain important factors that you need to take into consideration. Firstly, all you need to do is to find a reliable and secure medium through which you can carry out your transactions. 

Now, when it comes to choosing a cryptocurrency exchange platform, there are undeniably plenty of different options available to choose from these days, however, you need to be quite selective while choosing one. There are so many different options available can make things a bit confusing for you. In case you seem to be confused or unsure choosing the best cryptocurrency exchange platform for you, read on to know further.?

When it comes to trading in bitcoin or other forms of cryptocurrenices, you need to choose a highly trustworthy and robust platform that assures utmost security and convenience to carry out Bitcoin-related transactions. In such cases, tryin out Auto Trading Robot would undeniably a great option.

List of Companies That Used Bitcoin.

As mentioned, Bitcoin amounts to a market worth millions of dollars. Many companies from all over the world are trading using Bitcoin. In the following section, you will come to know about some companies that has the acceptance of usesof Bitcoin for trading and transaction related services. 

– MicroStrategy: MicroStrategy is one of the leading names in the domain of business analytics. More about MicroStrategy, it has been using Bitcoin as its primary reserve asset. Throughout 2021, this company, which is known for producing different kinds of cloud-based applications and mobile software, kept on buying Bitcoin. Talking about the present scenario, MicroStrategy has almost 105 085 Bitcoin in its reserve. If we talk about the market price value of that total amount of bitcoins it is at a surprsingly 3.3 billion US dollar rate.

– Tesla: Tesla is a world-renowned electric vehicle manufacturing company and has joined the club of companies holding Bitcoin. Over the years, this particular company has invested almost 1.5 billion U.S. dollars in Bitcoin. In the first quarter of 2021, Tesla has sold almost 10% of its Bitcoin reserve. 

– Galaxy Digital Holdings: This is regarded as one of the biggest holders of Bitcoin, which is directly involved with the crypto currency industry. Presently, Galaxy Digital Holdings has almost 16,400 Bitcoin in their reserve worth 522 million U.S. dollars. 

– Voyager Digital: Next comes Voyager Digital in the list. It is another company that’s worth mentioning when it comes to Bitcoin reserves. This is basically a crypto trading app, which owns almost 12,260 Bitcoin worth almost 590 million U.S. dollars. 

Final Words 

So, these were some of the companies that are known to hold Bitcoin in a staggering number. It is evident that business giants from all over the world are stocking Bitcoin. What do you think makes them invest millions and billions of dollars on Bitcoin in some cases? The answer is quite simple. Given the trend, Bitcoin would be one of the primary mediums for trading and transactions in the days to come. 

It can also be stated that it would be used as an international currency, the likes of which didn’t exist before. Now that you understand Bitcoin holds, and you are planning to invest in it, in that case, you need to do some study and research. Most importantly, you need to have an obvious idea of how the money market functions and its different features.