Galaxy Research Reports $100 Billion in Digital Assets Held by Companies

A recent report highlights that corporate cryptocurrency finance firms have amassed significant digital assets, with Bitcoin Finance leading in holdings.

BTC
ETH

Summary

According to a report by Galaxy Research, corporate cryptocurrency finance firms, including Strategy, Metaplanet, and SharpLink, have collectively accumulated $100 billion in digital assets. Bitcoin Finance leads with over 791,662 BTC valued at approximately $93 billion, accounting for nearly 4% of the circulating supply. Ethereum Finance holds 1.3 million ETH, valued at over $4 billion. Additionally, the cumulative value of ETH treasury reserves has surpassed $10 billion across 64 entities, as reported by The Block.

Terms & Concepts
  • BTC: The abbreviation for Bitcoin, the first and most widely recognized cryptocurrency.
  • ETH: The abbreviation for Ethereum, a decentralized platform that enables smart contracts and decentralized applications.
  • digital assets: Assets that exist in digital form, including cryptocurrencies, tokens, and other blockchain-based assets.