Key Notes
The Harvard Business Review reported that 100 public companies now hold Bitcoin.
Michael Saylor-led Strategy Inc holds 3% of Bitcoin’s total supply.
Texas, Wyoming, and other States have put structures in place for a Bitcoin reserve.
Harvard Business Review (HBR) on X confirmed that there are about 100 public companies now holding the largest cryptocurrency by market cap, Bitcoin (BTC). Altogether, their total BTC holding accounts for approximately 4% of the coin’s supply. It is worth noting that only Strategy holds about 3% of the 21 million Bitcoin supply.
Addressing Institutional Pivot Toward Bitcoin
In an article titled “Does Bitcoin Belong on Your Balance Sheet?,” HBR reflected on how mainstream corporate finance has evolved over the years.
This sector has pivoted f