I know is nigh impossible for companies to last forever
So I wanted to know since most Bitcoin holder are HODL
What would happen to a wallet when the company hosting the wallet closes down?
Has any wallet company ever closed down before or experienced issue that affected holders Bitcoin?
In the world of crypto investment, that's why you have to study science from the bottom. In order to know more overall about all systems related to crypto. One of them is about crypto storage wallets. If studied, wallets in the crypto world are divided into two types. There are custodial wallets and non-custodial wallets. These wallets have their own advantages and disadvantages. Because if you return to your question, it all depends on what type of wallet is used to store these crypto assets. If you store assets in a custodial wallet type, if the company goes bankrupt, it is certain that the crypto assets you have will not return. Because there have been many examples like the events that occurred last year. But when storing assets in a non-custodial type of wallet, it's definitely safe. Because if you use this type of wallet, you can definitely control all the crypto assets in that wallet.
And if you want to know about the bankruptcy of a wallet company or market, you can see the site below.
https://www.google.com/amp/s/voi.id/en/amp/235469