Research Reveals 19 Listed Companies With A Combined Market Cap Of Usd1tn Have Over Usd6.5bn In Bitcoin

by hedgeweek.com posted 1month ago 10 views
Research reveals 19 listed companies with a combined market cap of USD1tn have over USD6.5bn in bitcoin Submitted 15/06/2021 - 1:51pm New analysis by Nickel Digital Asset Management (Nickel), Europe’s specialist regulated investment manager dedicated to the digital assets market, reveals that 19 listed companies with a market cap of over USD1 trillion have around USD6.5 billion invested in bitcoin. They originally spent USD4.3 billion buying the cryptocurrency. While seven companies made theirbBitcoin purchases in 2020, as many as eight new entrants, including Tesla, have allocated to bitcoin in just the first four months of 2021.

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