Corporations Hoard Bitcoin Like Squirrels in Winter! 🐿️💰

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In an intriguing twist of fate, data laid bare by the industrious minds at Bitwise has unveiled a rather astonishing revelation: behold, corporations now possess the staggering sum of 688,000 Bitcoins. Quite the cache, wouldn’t you agree? 😏

This figure represents a delightful 16.11% increase from the previous quarter—a rise not unakin to the swelling of marshmallows in hot chocolate, though presumably with fewer calories. 🍫

Now, let us ruminate on the implications of this remarkable ownership. A grand total of 3.28% of Bitcoin’s entire supply—a rather modest share in the grand scheme of 21 million coins—has somehow wound up in the grasp of those enterprising entities. One might wonder if they are rather fond of their digital gold. 💎

At the conclusion of the first quarter, the market value of these Bitcoin holdings stood at a jaw-dropping $57 billion. Yes, with a ‘b’ for billion! Quite the impressive sum, suitable for a buyout, a mansion on the Riviera, or perhaps an extravagant collection of porcelain cats. 🐱

And lo! The narrative thickens, as an additional 12 public companies decided to dabble in the captivating waters of Bitcoin purchasing during the same timeframe. How quaint! They must have found it positively riveting. 📈

And who, you may ask, reigns supreme among these corporate titans? Why, it is none other than Strategy, which has recently announced yet another foray into Bitcoin. Truly, they are the dragons hoarding treasure, while the rest are mere villagers wishing to catch a glimpse. 🐉

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2025-04-14 23:52