Public Companies Surge Past 1 Million Bitcoin Holdings

A significant milestone has been reached: public companies now hold over one million Bitcoin, accounting for a remarkable 5% of the total cryptocurrency supply. This growing trend is driven by major players like MicroStrategy and Tesla, which have amassed substantial Bitcoin holdings thanks to initiatives led by prominent figures such as Michael Saylor at MicroStrategy. These companies believe Bitcoin can provide valuable diversification and protection against inflation, contributing significantly to their market valuations.