• Discounts and special offers
  • Subscriber-only articles and interviews
  • Breaking news and trending topics

Already a subscriber?

By signing up, you accept Moneywise's Terms of Use, Subscription Agreement, and Privacy Policy.

Not interested ?

Sign up for our Moneywise newsletter to receive a steady flow of actionable ideas from Wall Street's top firms.

MicroStrategy (MSTR)

No other corporation has a bigger hoard of bitcoin than MicroStrategy.

CEO Michael Saylor announced his intention to buy bitcoin in July 2020. Since then, the company has deployed billions of dollars to accumulate it at a relentless pace.

It now holds 129,218 bitcoins — value at roughly $5 billion at the current price — on its balance sheet. That makes MicroStrategy the world’s biggest corporate holder of digital assets. In fact, the company controls roughly 0.615% of Bitcoin’s total circulating supply.

The combined value of MicroStrategy’s portfolio is roughly 13% more than the company’s current market capitalization. In other words, the BTC on its balance sheet is worth more than the company itself.

Owning the stock could be like owning bitcoin at a small discount.

Invest in real estate without the headache of being a landlord

Imagine owning a portfolio of thousands of well-managed single family rentals or a collection of cutting-edge industrial warehouses. You can now gain access to a $1B portfolio of income-producing real estate assets designed to deliver long-term growth from the comforts of your couch.

The best part? You don’t have to be a millionaire and can start investing in minutes.

Learn More

Tesla (TSLA)

Elon Musk has dominated the headlines for years. While the current news cycle is focused on his acquisition of social media giant Twitter, it’s easy to forget that Musk also holds bitcoin in his most valuable company.

Tesla added 43,200 BTC to its balance sheet in 2021. At the time, bitcoin was trading for roughly $31,700. Since then, Tesla has neither added nor offloaded this stake. It seems like a long-term hold.

The company reports unrealized gains and losses on this investment every quarter. At the time of writing, Tesla’s bitcoin holdings are about 20% higher than its cost basis. However, the entire portfolio of digital assets is worth less than 0.2% of the company’s 900 billion market cap.

Tesla may be the second-largest corporate holder of crypto, but it’s effectiveness as a bitcoin proxy is minimal.

Marathon Digital Holdings (MARA)

The third-largest corporate holder of bitcoin is a crypto mining specialist: Marathon Digital Holdings. The company has seen a transformation in its finances over the past few years.

The bitcoin bull market boosted Marathon’s net margins. Meanwhile, listing on the Nasdaq has helped it raise money without having to sell its freshly-minted bitcoins.

That means Marathon has been holding and accumulating bitcoins in recent years. The company’s latest report suggests it has 9,373.6 bitcoins on its balance sheet, worth roughly $358 million at current prices. That represents 20.3% of the company’s total market cap.

The stock could see further upside even if bitcoin remains range bound for months.

Recently, the company’s CEO Fred Thiel suggested they were exploring a potential buyout, which could be another catalyst for shareholders. Keep an eye on this beaten-down crypto miner during the bear market.

Sign up for our Moneywise newsletter to receive a steady flow of actionable ideas from Wall Street's top firms.

Maximize Your Savings

Discover the best option for your financial future. Whether you’re looking for higher returns or easy access to your cash, compare the benefits of CDs and savings accounts to find the right fit for your goals.

Learn More

More from Moneywise

Sponsored

Follow These Steps if you Want to Retire Early

Secure your financial future with a tailored plan to maximize investments, navigate taxes, and retire comfortably.

Advisor is an online platform that can match you with a network of vetted fiduciary advisors who are evaluated based on their credentials, education, experience, and pricing. The best part? - there is no fee to find an advisor.

Vishesh Raisinghani Freelance Writer

Vishesh Raisinghani is a freelance contributor at MoneyWise. He has been writing about financial markets and economics since 2014 - having covered family offices, private equity, real estate, cryptocurrencies, and tech stocks over that period. His work has appeared in Seeking Alpha, Motley Fool Canada, Motley Fool UK, Mergers & Acquisitions, National Post, Financial Post, and Yahoo Canada.

Disclaimer

The content provided on Moneywise is information to help users become financially literate. It is neither tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. We make no representation or warranty of any kind, either express or implied, with respect to the data provided, the timeliness thereof, the results to be obtained by the use thereof or any other matter. Advertisers are not responsible for the content of this site, including any editorials or reviews that may appear on this site. For complete and current information on any advertiser product, please visit their website.