Corporate Buying of Bitcoin Sparks Debate on Decentralization

Corporations are rapidly increasing their holdings of Bitcoin, a trend that has fueled debates about the cryptocurrency’s decentralization. While executives argue these investments strengthen the network’s decentralization by bolstering demand, critics express concern over concentrated ownership. 6.7% of Bitcoin supply is currently held by companies, with publicly traded firms holding nearly 4.73%, and private companies owning another 2.03%. This growth raises questions about potential centralization risks in the market.