13 listed companies hold a total of $6.9 billion in Bitcoin, with only one company losing money

Key points:

1. Statistics show that there are currently 13 listed companies holding a total of about $6.9 billion in Bitcoin, of which 12 companies have made profits from their investments;

2. Microstrategy, Galaxy Digital, Square and Grayscale are among the largest companies watching or holding Bitcoin.

3. The trend suggests that public companies are no longer averse to using Bitcoin as a hedge amid an increasingly uncertain economic climate.

According to statistics from the Bitcoin Treasuries website, currently, more than $6.9 billion worth of Bitcoin is held by listed companies, including US software giant MicroStrategy, asset management companies Grayscale and Galaxy Digital, and Jack Dorsey's payment processing platform Square.

The amount of Bitcoin held by public companies has risen in recent weeks with new investments from Microstrategy and Square, a trend that suggests growing interest in Bitcoin as a store of value.

Data shows that Microstrategy, which currently owns 38,250 BTC (currently worth approximately US$425 million), is the second largest public company holding Bitcoin, followed by Grayscale Investments.

Microstrategy's bitcoin holdings also mean that shareholders including BlackRock, Vanguard and Norway's Oil Fund now have indirect exposure to bitcoin.

Square is the latest company to join the list, with its boss Jack Dorsey announcing last week that the company had acquired $50 million worth of Bitcoin.

“More important than Square investing $50m in Bitcoin is sharing how we did it (so others can do the same),” Dorsey said on Twitter, along with a link to Square’s investment white paper explaining the company’s decision to invest in Bitcoin.

In recent months, digital asset management company Grayscale's investment in Bitcoin has often made headlines. It should be noted that although Grayscale is a publicly traded company, its customers are the real Bitcoin buyers behind the scenes, and the company currently holds approximately $5 billion in Bitcoin, which is indeed impressive.

Interestingly, among the 13 listed companies that hold Bitcoin, 12 of them have achieved profitability on their investments.