Bitcoin or bust: Companies add BTC to treasury for long-term potential

Corporations are increasingly adopting Bitcoin as a treasury asset, with companies like MicroStrategy, Tesla and Coinbase leading the charge.

Over the last few years, several private and publicly traded companies have started adopting Bitcoin as a treasury asset. 

One company in particular — now well-known in the space — has accumulated over 1% of the Bitcoin (BTC) supply.

That company, MicroStrategy, has become influential in the industry for its massive Bitcoin holdings — 226,331 BTC at the time of writing — and while it often takes the spotlight away from other corporate Bitcoin holders, there are now dozens of companies with much smaller amounts of the cryptocurrency in their treasuries.

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