Michael Saylor Shares Top 60 List of Global Institutional Bitcoin Holders

investing.com 27/12/2024 - 14:54 PM

Michael Saylor's Bitcoin Reminder

Michael Saylor, a well-known Bitcoin advocate and co-founder of MicroStrategy, recently urged the community on X (formerly Twitter) to continue accumulating Bitcoin before it’s too late.

In his tweet, he asked, "Did you stack bitcoin this year?"

Top 60 Bitcoin Holder List by Michael Saylor

Saylor revealed a list of the top 60 largest institutional Bitcoin holders globally, with MicroStrategy leading the pack with 444,262 BTC. Marathon Digital follows with 44,394 BTC, and Riot Platforms and Hut 8 are also prominent holders.

Elon Musk’s Tesla ranks fifth, holding 9,720 BTC, just behind Coinbase, which has 9,480 BTC. Other significant holders include Galaxy Digital (5,400 BTC) and Block (8,363 BTC). Collectively, these 60 entities control 591,368 BTC, valued at approximately $54.2 billion.

Recently, MicroStrategy announced a massive acquisition of $561 million in Bitcoin, purchasing it at about $107,000 each.

$299 Million Bitcoin Gift from MicroStrategy

Earlier this week, Saylor disclosed that MicroStrategy generated a 0.72% BTC yield, equating to a net benefit of 3,177 BTC worth around $299 million, regarded as a “Bitcoin gift” to MSTR shareholders.

This article was originally published on U.Today.




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