#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
💬 Do you think Bitcoin will become a new norm for corporate asset allocation? How might this impact Bitcoin’s price? What’s your recent BTC trading strategy? Post to share your price predictions, market analysis, and strategies with us using the topic tag!
🎁 Meanwhile, Gate’s BTC Staking event is in full swing! Simply stake your BTC and earn up to 3% APY. Click the link to start staking and enjoy your earnings: https://ww
HC Wainwright: Total market cap of BTC mining companies may exceed $100 billion by 2025
Golden Finance reported that HC Wainwright, an American investment bank, stated in a recent article that it is expected that the price of BTC will reach $225,000 per coin by the end of 2025. This means that the BTC market capitalization will reach $4.5 trillion, accounting for approximately 25% of the gold market capitalization. At the same time, HC Wainwright also predicts that the total market capitalization of BTC mining companies will exceed $100 billion. It is reported that the investment bank categorizes MARA, RIOT, and CLSK as 'pure mining companies', and CORZ, BTDR, WULF, Hut 8, IREN, BTBT, and HIVE as 'mixed mining companies'.