Tesla, Block Ride Bitcoin Boom As MicroStrategy Goes All In
As Bitcoin (CRYPTO: BTC) keeps climbing, some public companies aren’t just watching from the sidelines – they’re quietly raking in billions just by holding it.
From household names like Tesla Inc. (NASDAQ: TSLA) and Block Inc. (NYSE:XYZ) to surprise entries like Semler Scientific Inc. (NASDAQ:SMLR) and Next Technology Holding Inc. (NASDAQ: NXTT), companies that bought Bitcoin early are now enjoying eye-popping gains.
The key? It’s not just how much Bitcoin they own – it’s how early and how cheaply they got in.
Let’s break down which companies are winning the most from their Bitcoin bets.
MicroStrategy: The Ultimate Bitcoin Whale
No surprises here – MicroStrategy Inc (NASDAQ:MSTR) remains the corporate king of Bitcoin. The company holds over 580,000 Bitcoins, and its investment has grown from a $40.6 billion cost to more than $63 billion in value.
That’s more than $22 billion in unrealized profit. With over 60% of its market value now tied to Bitcoin, MicroStrategy has become a proxy for crypto exposure on Wall Street.
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