What are some major institutions investing heavily in bitcoins in 2024 ? And how is it going to impact the future prices for bitcoin according to you ?
Based on your question, I know that MicroStrategy, Galaxy Digital Holdings, Marathon Digital Holdings, Tesla, and Coinbase Global are some of the of the top investors in Bitcoin, and they hold a great deal of it. Also, based on my research, blackrock holds about 256,681 BTC as of this month, while microstrategy owns about 214,246 bitcoins as of last month, less than what blackrock's holding.Upon the factors that influence the price of Bitcoin, we all know that whales are one factor that contributes to the price volatility of Bitcoin. So, in the future, it will definitely contribute to the impact of the BTC price.
Yes those are some of the companies that have invested heavily in bitcoin this year and I also read a flash news about MicroStrategy that the company has acquired more bitcoins of that amount to $2,5 billions but I can't really get the exact figure again and little research on it provide this to me but I will not rely on this for now.
The enterprise software maker, whose corporate strategy includes buying the digital currency, purchased 9,245 Bitcoin for $623 million between March 11 and March 18, according to a US Securities and Exchange Commission filing on Tuesday.
https://www.bloomberg.com/news/articles/2024-03-19/microstrategy-owns-about-1-of-all-bitcoin-with-latest-purchase-mstrBut I will still check on fillippone thread to see the exact amount. And there is one company which is competing with microstrategy in possession of bitcoin.