Žemyn Blogai! Institucinių Bitcoin holdingų vertė sumažėjo 12 mlrd

Following a recent announcement of tarifų pakėlimai by the US Fed and the ongoing bloodbath in the crypto market, the total amount of bitcoin held by large corporations has dropped by $12 billion.

Institutional Bitcoin Holdings Sees $12B Drop

According to recent data, a total of 43 companies currently hold over 1.2 million BTC, with digital asset manager Grayscale Investments holding the lion’s share of about 655k BTC, worth about $20.8 billion. 

Private blockchain company and EOSIO developer Block.one holds the second largest Bitcoin stash with 164k BTC in its portfolio valued at $5.2 billion.

Leading business intelligence software company MicroStrategy holds the third largest Bitcoin stash and currently owns 129,218 BTC, which was valued  at $5.9 billion at the time of the most recent purchase. However, under the current market prices, MicroStrategy’s BTC stash is worth about $4 billion, representing a 33% drop. 

Electric car company Tesla now holds a total of 43,200 BTC since its last purchase in February 2021. According to today’s price, the aggregated sum of Bitcoin held is equivalent to over $1.3 billion. 

Apskritai, the value of bitcoins held by companies and institutions has dropped by daugiau nei 12 mlrd. 

Bitcoin Gets Oversold

While the general crypto market has been experiencing a significant decrease over the past few days, Bitcoin suffered heavily due to the actions of Luna Foundation Guard (LFG), the non-profit behind the Terra (LUNA) blockchain project. 

According to an earlier report, LFG sold $ 2.2 mlrd worth of BTC in an effort to keep its TerraUSD pegged to $1, which resulted in a huge drop in the price of bitcoin. Rašymo metu pirmaujanti kriptovaliuta kainavo 31,000 XNUMX USD. 

MicroStrategy to Get Margin Call?

Meanwhile, the bearish market has forced speculators into thinking that MicroStrategy would face a margin call at $21,000 if the bloodbath continues considering the recent BTC-collaterized loan taken by the company. 

Tačiau, „MicroStrategy“ generalinis direktorius Michael Saylor noted that the bitcoin must drop to at least $3,562 before the company would face a margin call to refill its leverage position on its collaterized loan.