In the previous article "A Quick Review of the Top 25 BTC Holdings of Listed Companies, Seeking the Secret to Becoming a 'Coin-Stock Dual Cultivator'", we systematically sorted out the top 25 listed companies in terms of BTC holdings, among which MicroStrategy (MSTR) saw its stock price surge from around $194 to nearly $500 in about a month, an increase of about 150%. Moreover, with BTC price breaking through around $97,000 and hitting new highs, its BTC holdings have accumulated a profit of nearly $15.7 billion, continuing to lead the ranking of BTC holdings profits of listed companies.
Not only that, the world-renowned tech giant Microsoft has previously revealed that its shareholders have begun preliminary voting on whether the company should invest in Bitcoin, and according to information from NCPPR: "If Microsoft decides not to invest in Bitcoin, the subsequent rise may lead to shareholder lawsuits against it." Considering various circumstances, as we predicted earlier: more and more listed companies will join the ranks of Bitcoin strategic reserves, after all, in the context of the accelerating mainstream of Bitcoin, buying BTC will lead to a rise in stock prices, while rejecting BTC will lead to weak stock prices, the choice is self-evident.
Odaily Planet Daily will review and sort out the top 15 listed companies in terms of BTC holdings profits in this article, for investors' reference. (Note: Due to the distinction of business types, this ranking did not include listed crypto mining companies, and we will sort them out separately in the future. The data information in this statistics comes from BitcoinTreasuries.Net, and there are certain discrepancies with the data disclosed by the listed companies, which is for reference only.)
Overview of the Top 15 Listed Companies in BTC Holdings Profits: MicroStrategy Leads, Coinbase Ranks Second, Tesla Ranks Third
According to the information statistics on the BitcoinTreasuries.Net website, the list of the top 15 listed companies in terms of total BTC holdings profits is as follows:
Top Three Players: BTC Leverage Concept Stocks, the First Crypto Exchange Stock, New Energy + Musk Concept Stock
Among them, MicroStrategy (MSTR) ranks first with a total profit of nearly $15.7 billion, of which:
· BTC holdings of 331,200 coins;
· Total value of around $322 million;
· Average purchase price of $49,874;
· Current stock price of $473.83;
· Profit growth multiple of about 1.95 times.
Coinbase (COIN) ranks second with a total profit of $804 million, of which:
· BTC holdings of 9,480 coins;
· Total value of around $92 million;
· Average purchase price of $12,342;
· Current stock price of $320.01;
· Profit growth multiple of about 7.88 times.
Tesla (TSLA) ranks third with a total profit of $607 million, of which:
· BTC holdings of 9,720 coins;
· Total value of around $945 million;
· Average purchase price of $34,722;
· Current stock price of $342.03;
· Profit growth multiple of about 2.8 times.
High Multiple Players: Two German Listed Companies in a Tie
If the above 3 companies are known for their "profit scale", the following companies are more adept at "multiple growth".
Among them, the one with a profit growth multiple of a staggering 29.6 times is a private equity and consulting company from Germany, Bitcoin Group SE. According to Yahoo Finance, it engages in cryptocurrency and blockchain business globally, operating the digital currency Bitcoin trading platform Bitcoin.de, which was established in 2008 and is a subsidiary of Priority AG. It is understood that the company has held Bitcoin since December 31, 2021, and currently holds 3,589 BTC, with an average cost of only $3,285. The current stock price is $68.67 (€65.20), and the last trading operation was in late June 2022, when it sold 179 BTC at $20,109, and the holdings have remained unchanged since then.
Coincidentally, another company with a profit growth multiple of up to 10.98 times is also a German company - Advanced Bitcoin Technologies AG. According to Yahoo Finance, it is a software company established in 2015, mainly developing cryptocurrency and artificial intelligence software products in the fintech field, and also providing cryptocurrency payment services. It is understood that its BTC holdings are 242.2 coins, with a total value of $23.55 million, but its average purchase price is only $8,853, while its stock price is only $0.20 (€0.19).
Hong Kong Stock Twins: Boyaa Interactive and Meitu
For Hong Kong-listed companies, the game company Boyaa Interactive (0434) and the internet company Meitu (1357) have successfully made the list with 1,100 BTC and 940.9 BTC respectively.
The former has an average BTC purchase price of $41,790, with a cumulative profit of $60.99 million, and a stock price of $0.55 (HK$4.25);
The latter has an average BTC purchase price of $52,609, with a cumulative profit of $41.99 million, and a stock price of $0.42 (HK$3.24).
Of course, the above is only the statistical data from the BitcoinTreasuries.Net website, according to the announcement previously issued by Boyaa Interactive, as of November 12, it has held 2,641 bitcoins, with a total cost of about $142,722,654, and an average cost of about $54,027 per BTC. If calculated based on this data, its cumulative profit has already reached $113 million. And the founder of Meitu, Cai Wensheng, is a well-known Bitcoin whale, so the company's actual BTC holdings should be no less than that.
The Biggest Beneficiary of "BTC Strategic Reserves": Japanese Listed Company Metaplanet
In the previous article "A Quick Review of the Top 25 BTC Holdings of Listed Companies, Seeking the Secret to Becoming a 'Coin-Stock Dual Cultivator'", we mentioned that the Japanese listed company Metaplanet (3350.T) is a "follower of MicroStrategy's BTC strategic reserve" and also the biggest beneficiary: since it started buying BTC, its stock price has previously surged by as much as 468%, when its stock price was only $7.50; a month later today, its BTC holdings have grown from the previous 861.4 coins to 1,142 coins, and its stock price has also soared to $16.54, an increase of more than 220%, making it another example of a "BTC leverage concept stock". At the same time, although its average purchase price is $65,972, its cumulative profit is still as high as $35.71 million, ranking 11th.
Followers Come One After Another: US Listed Companies Flock to the "BTC Strategic Reserve" Ranks
Yesterday, MicroStrategy (MSTR) successfully climbed into the top 100 listed companies in the US, ranking 97th, thanks to the soaring stock price. On Tuesday, its stock price once surged 12%, breaking through the $400 mark, closing at $430, thus jumping 29 places, with a year-to-date increase of over 500%.
Previously, according to reliable statistics, more than 60 listed companies have adopted the Bitcoin strategy, and thousands of private companies are also following suit.
At the same time, as November approaches, with Trump's successful election as the 47th President of the United States, the crypto market has been soaring under the positive stimulus, just as the gradual introduction of custodial exchanges, publicly traded trusts, futures and spot ETFs has ushered in a new type of capital allocator, a new class of Bitcoin investors has also emerged on a large scale, which means that this month will see another peak of Bitcoin products: corporate leverage: MicroStrategy, MARA Holdings, Semler Scientific and MetaPlanet, four listed companies, have added tens of billions of dollars in collective debt to their balance sheets to purchase Bitcoin.
Naturally, the "strategic followers" are joining one after another -
On November 19, Genius Group Limited (GNS), a US-listed company, announced that it had spent $10 million to purchase 110 BTC at an average price of $90,932, marking the company's official establishment of a Bitcoin reserve. This purchase came after the company announced its "Bitcoin-First" strategy on November 12, which promised to hold 90% or more of its existing and future reserves in the form of Bitcoin, with an initial target of holding $120 million in Bitcoin;
On the same day, LQR House Inc. (LQR), a niche e-commerce platform focused on the spirits and beverage industry and listed in the US, announced that its board of directors had approved the purchase of $1 million worth of Bitcoin as part of its capital management strategy. Additionally, the company will now accept cryptocurrency payments on CWSpirits.com, allowing customers to flexibly use digital currencies to purchase alcoholic beverages. As part of this plan, LQR House has adopted a policy to hold up to $10 million in cryptocurrency payments in Bitcoin.
On November 20, the board of directors of Acurx Pharmaceuticals (ACXP), a US-listed biopharmaceutical company, approved the purchase of $1 million worth of Bitcoin as a reserve asset; on the same day, another US-listed company, Hoth Therapeutics (HOTH), announced that its board of directors had approved the purchase of up to $1 million in Bitcoin, with its CEO Robb Knie even stating: "We believe Bitcoin's anti-inflationary characteristics may make it a reliable asset with a store of value function."
It is clear that many listed companies have fully recognized the value storage function and stock price boosting effect of BTC, and have joined this "BTC strategic reserve race".
Conclusion: To buy BTC or to miss BTC? That is the question
In 2022, the market experienced a series of black swan and implosion events that temporarily plunged it into a dormant state, during which time MicroStrategy CEO Michael Saylor continued to buy BTC, and the national-level BTC strategic reserve decision-maker, Salvadoran President Nayib Bukele, were mocked by many as "sleeping dragons and phoenix chicks", but now, with BTC prices approaching the $100,000 mark, there is no doubt that buying BTC has made the two "momentary heroes".
And now, for retail investors in the market and listed companies that have not yet bought BTC, the choice before them is similar: whether to buy the stocks of listed companies that have already established BTC reserves VS whether to sit idly by and miss the opportunity to boost their stock prices through BTC strategic reserves?
To be or not to be, in terms of investment, this is indeed a question.
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