Ranked by BTC holdings, the top 14 listed Bitcoin mining companies hold nearly 40,000 BTC
According to a report released by CoinGecko, as of November 1, 2023, the top 14 listed Bitcoin mining companies hold a total of 38,903 Bitcoins, which is 0.18% of the maximum supply of 21 million Bitcoins. This is much lower than MicroStrategy's holdings of 152,333 Bitcoins. Marathon Digital, Hut 8 Mining Corp, and Riot Platforms are the top three listed Bitcoin mining companies with the most Bitcoins, holding a total of 30,401 BTC, which is 78% of the total Bitcoin holdings of leading mining companies. The top three Bitcoin mining companies hold over 3,000 Bitcoins each, while the remaining 11 companies hold less than 3,000 Bitcoins each, totaling 8,502 BTC.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AI compute cannot create a new class system
Kaspersky Discovers SparkCat Malware Targeting Crypto Recovery Phrases
Arbitrum’s Balancer V3 is now live
Evaluating Probability of Ethereum Breaching the $4K Milestone Soon
Ethereum's Potential Bull Run Versus Existing Downward Forces: The Battle for the $4K Mark