List of Chinese companies holding bitcoin

29 well-known companies in the world hold more than US $30 billion in digital assets

recently, a new trend has emerged, because many well-known companies have decided to use bitcoin (BTC) for reserves rather than traditional assets. After MicroStrategy bought $250 million worth of BTC, the trend became popular. Soon after, the company continued to buy more bitcoin. After several purchases, MicroStrategy has increased its holdings to 70470 BTC or. 336% of its supply. After the acquisition of MicroStrategy, square Inc. and other companies began to acquire. And ruffer investments joined the bitcoin buying trend

according to bitpointstudies.org, a portal, many companies hold more than 1.1 million bitcoins or more than $30 billion worth of encryption assets. After MicroStrategy, a billion dollar company, bought $250 million worth of bitcoin in August, the large amount of bitcoin reserves held by well-known companies began to expand. Now 29 companies hold cryptocurrency instead of traditional reserves such as stocks and cash

so far, a total of 29 companies have been listed on bitpointresearches.org, which divides all companies into three different parts. Publicly traded, private and ETF like holders

blockchain, Inc., bit digital, Inc., coin citadel Inc., advanced bitcoin Technologies AG, digitalx, hive blockchain, cypherpunk Holdings Inc., big digital assets Inc, The 15 publicly traded companies, Argo blockchain and frmo Corp., have a total market value of about 100003 and 160; BTC, the private company holding bitcoin funds, includes four private companies, including mtgox KK, block.one, tezos foundation and stone ridge holdings group. Among the reserves of all four companies, the total market value of private companies is 317383-160 more than that of listed companies; BTC

at the bottom of bitpointstudies.org, there are nine ETF like holders, including grayscale bitcoin trust, coinshares, ruffer investment, 3iq the bitcoin fund, grayscale digital large cap, bitwise 10 crypto index fund, WisdomTree bitcoin, 21shares AG, etc & 160; Group's bitcoin ETP

including tahini & x27, a Canadian restaurant chain; S and snappa, a Canadian graphics software company. Tahini's restaurant chain revealed that it converted all of its cash reserves into BTC, while snappa said it spent 40% of its cash reserves on bitcoin transactions. Mogo, a Canadian listed company, has just announced that it will invest 1.5% of its reserves in bitcoin and plans to buy more next year. When tahini decided to tell his financial adviser that he would buy bitcoin immediately, he suggested using gold. The owner of the restaurant said the precious metal gold has become a reliable haven

the company tweeted: &“ We looked at our financial adviser and told him that because of bitcoin, gold would become a scam. " Tashini added: "he laughed and condescended back to the 6000 year argument."

Chief executive officer (CEO) and co-founder of bitcoin China: Bob Lee
Bob Lee started his career in Silicon Valley and first worked as a software engineer at Yahoo! The first is to do online community on the Internet
in 2006, Bob Lee moved to Shanghai, China and served as the director of EMC software engineering in Greater China (EMC manufacturer is an innovative cloud computing and cloud storage solution provider). After that, he became chief technology officer of SMG (China's leading IPTV company with the largest user base in the world). Before joining bitcoin China, he worked as vice president of e-commerce technology of Wal Mart in China. Bob Lee graated from Stanford University with a bachelor's degree and a master's degree in computer science. Meanwhile, he completed his global EMBA program at CEIBS. In his spare time, he likes traveling, photographing, watching movies and playing cards