Overview of the Top 15 Public Companies with BTC Holdings Profit, see who increased by 29 times
Tesla welcomes the "diamond hand victory," Boyaa Interactive and Meitu become the "Hong Kong stock twin stars," Metaplanet is the biggest winner in the Japanese stock market.Original | Odaily Planet Daily ( @OdailyChina)
Author | Wenser ( @wenser 2010)
In a previous article titled “Overview of the Top 25 Public Companies by BTC Holdings, Seeking the Secret to Becoming a God of 'Coin and Stock Dual Cultivation'”, we systematically sorted the top 25 public companies by BTC holdings. Among them, MicroStrategy (MSTR) saw its stock price surge from around $194 to nearly $500 in just about a month, an increase of approximately 150%. Additionally, as the BTC price broke through $97,000 and continued to reach new highs, its cumulative profit from BTC holdings has now approached $15.7 billion, continuing to lead the profit ranking of public companies' BTC holdings.
Moreover, the world-renowned tech giant Microsoft previously revealed that its shareholders have begun preliminary voting on whether the company should invest in Bitcoin, and according to NCPPR sources: "If Microsoft decides not to invest in Bitcoin, subsequent price increases may expose it to shareholder lawsuits." Considering various factors, it is as we previously predicted: more and more public companies will join the ranks of Bitcoin strategic reserves. After all, in the current accelerated process of Bitcoin mainstreaming, buying BTC leads to rising stock prices, while rejecting BTC results in weak stock prices; the choice is becoming increasingly clear.
Odaily Planet Daily will review the top 15 public companies by BTC holding profit in this article for investors' reference. (Note: For the sake of business type differentiation, this ranking does not include publicly listed companies related to cryptocurrency mining. We will conduct another review at an appropriate time, and the data source for this statistics is BitcoinTreasuries.Net, which may differ from public company announcement data and is for reference only.)
Top 15 Public Companies by BTC Holding Profit: MicroStrategy Leads, Coinbase Second, Tesla Third
According to the information statistics from BitcoinTreasuries.Net, the current list of the top 15 public companies by total BTC holding profit is as follows------
Top Three Players: Bitcoin Leveraged Concept Stocks, First Crypto Exchange Stock, New Energy + Musk Concept Stock
Among them, MicroStrategy (MSTR) ranks first with a total profit of nearly $15.7 billion, where:
- BTC holding amount is as high as 331,200 coins;
- Total value is approximately $3.22 billion;
- Average purchase price is $49,874;
- Current stock price is $473.83;
- Profit growth multiple is about 1.95 times.
Coinbase (COIN) ranks second with a total profit of $804 million, where:
- BTC holding amount is 9,480 coins;
- Total value is approximately $920 million;
- Average purchase price is $12,342;
- Current stock price is $320.01;
- Profit growth multiple is about 7.88 times.
Tesla (TSLA) ranks third with a total profit of $607 million, where:
- BTC holding amount is 9,720 coins;
- Total value is approximately $945 million;
- Average purchase price is $34,722;
- Current stock price is $342.03;
- Profit growth multiple is about 2.8 times.
High Multiple Players: German Listed Companies Share the Honors
If the above three companies are known for their "profit scale," then the next companies excel in "multiple growth."
Among them, the company with an astonishing profit growth multiple of 29.6 times is a private equity and consulting firm from Germany, Bitcoin Group SE. According to Yahoo Finance, it engages in cryptocurrency and blockchain business globally and operates the Bitcoin.de trading platform for digital currency. Founded in 2008, it is a subsidiary of Priority AG. It is known that the company has held Bitcoin since December 31, 2021, currently holding 3,589 BTC with an average cost of only $3,285. The current stock price is $68.67 (65.20 euros), and the last trading operation occurred at the end of June 2022, selling 179 BTC at $20,109, after which its holdings remained unchanged.
Coincidentally, another company from Germany with a profit growth multiple of 10.98 times is Advanced Bitcoin Technologies AG. According to Yahoo Finance, this software company was established in 2015 and primarily develops cryptocurrency and artificial intelligence software products in the fintech sector, also providing cryptocurrency payment services. It is known that its BTC holding is 242.2 coins, with a total value of $23.55 million, but its average purchase price is only $8,853. Meanwhile, its stock price is only $0.20 (0.19 euros).
Hong Kong Stock Twins: Boyaa Interactive and Meitu
For Hong Kong-listed companies, the gaming company Boyaa Interactive (0434) and the internet company Meitu (1357) successfully made the list with 1,100 BTC and 940.9 BTC, respectively.
Among them, the former has an average purchase price of $41,790 for BTC, with a cumulative profit of $60.99 million, and a stock price of $0.55 (4.25 HKD);
The latter has an average purchase price of $52,609 for BTC, with a cumulative profit of $41.99 million, and a stock price of $0.42 (3.24 HKD).
Of course, the above is only the statistical data from BitcoinTreasuries.Net. Previously, Boyaa Interactive officially announced** that as of November 12, it had held 2,641 BTC, with a total holding cost of approximately $142,722,654, and an average cost of about $54,027 per BTC. Based on this data, its cumulative profit has reached as high as $113 million. The founder of Meitu, Cai Wensheng, is also a well-known Bitcoin whale, and the company's actual BTC holdings should be even more.**
The Biggest Beneficiary Following the "BTC Strategic Reserve": Japanese Listed Company Metaplanet
In the previous article titled “Overview of the Top 25 Public Companies by BTC Holdings, Seeking the Secret to Becoming a God of 'Coin and Stock Dual Cultivation'”, we mentioned that the Japanese listed company Metaplanet (3350.T) is a follower of the "MicroStrategy BTC Strategic Reserve" and also the biggest beneficiary: since it began buying BTC, its stock price has previously surged by as much as 468%, when its stock price was only $7.50; a month later, its BTC holding has increased from 861.4 coins to 1,142 coins, and its stock price has skyrocketed to $16.54, with an increase of over 220%, making it another example of a "BTC leveraged concept stock." Meanwhile, although its average purchase price is $65,972, its cumulative profit still amounts to $35.71 million, ranking 11th.
Followers Keep Coming: U.S. Listed Companies Cluster into the "BTC Strategic Reserve" Ranks
Yesterday, MicroStrategy (MSTR) successfully entered the top 100 U.S. listed companies, ranking 97th, thanks to its soaring stock price. On Tuesday, its stock price surged by 12%, breaking through the $400 mark, closing at $430, jumping 29 places, with its stock price having risen over 500% this year.
Previously, according to reliable sources, more than 60 listed companies have adopted a Bitcoin strategy, and thousands of private companies are following suit.
Overview of Leading Public Companies Executing BTC Strategy
Meanwhile, as November began, with Trump successfully elected as the 47th President of the United States, the crypto market surged under favorable stimuli. Just as the gradual introduction of custodial exchanges, publicly listed trusts, futures, and spot ETFs welcomed a new type of capital allocator, a new class of Bitcoin investors has also emerged in large numbers. This also signifies that this month has welcomed another peak of Bitcoin products: corporate leverage: MicroStrategy, MARA Holdings, Semler Scientific, and MetaPlanet have added billions of dollars in collective debt to their balance sheets to purchase Bitcoin.
Naturally, this has led to a continuous influx of "strategic followers"------
On November 19, U.S. listed company Genius Group Limited (GNS) announced that it had spent $10 million to buy 110 BTC at an average price of $90,932. This purchase marks the company's formal establishment of a Bitcoin reserve. This purchase followed the company's announcement of a "Bitcoin-first" strategy on November 12, which promises to hold 90% or more of its existing and future reserves in Bitcoin, with an initial goal of holding $120 million in Bitcoin;
On the same day, a niche e-commerce platform focused on spirits and beverages, U.S. listed company LQR House Inc. (LQR), announced that its board had approved the purchase of $1 million worth of Bitcoin as part of its fund management strategy. Additionally, the company will now accept cryptocurrency payments on CWSpirits.com, allowing customers to flexibly use digital currency to purchase alcoholic beverages. As part of this plan, LQR House has adopted a policy to hold up to $10 million in cryptocurrency payments as Bitcoin.
On November 20, the board of U.S. listed biopharmaceutical company Acurx Pharmaceuticals (ACXP) approved the purchase of $1 million in Bitcoin as reserve assets; on the same day, another U.S. listed company Hoth Therapeutics (HOTH) announced that its board approved the purchase of up to $1 million in Bitcoin, with its CEO Robb Knie even stating: "We believe the anti-inflation characteristics of Bitcoin may make it a reliable asset with value storage capabilities."
It is evident that many public companies have fully recognized the value storage function of BTC and its role in boosting stock prices, joining this "BTC strategic reserve competition."
Conclusion: Buy BTC or Miss BTC? That is the Question
In 2022, the market experienced a series of black swan events and crises that temporarily plunged it into silence. At that time, MicroStrategy CEO Michael Saylor continued to buy BTC, and he, along with another national-level BTC strategic reserve decision-maker, El Salvador President Nayib Bukele, was ridiculed by many as "Crouching Dragon and Hidden Phoenix." Now, as the BTC price approaches the $100,000 mark, it is undeniable that buying BTC has made both of them "brilliant."
Now, for retail investors in the market and public companies that have not yet bought BTC, the choice before them is similar: whether to buy stocks of public companies that have already established BTC reserves VS whether to miss the opportunity to boost stock prices through BTC strategic reserves as BTC prices fluctuate.
Survival or death, in terms of investment, this is indeed a question.
