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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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Bloomberg analysts: Do not believe Suitcoiner will pose a threat to Bitcoin's structure
PANews May 2 news, Bloomberg senior ETF analyst Eric Balchunas posted on the X platform, stating that a new term "Suitcoiners" has emerged among Wall Street financial industry practitioners. This term comes from "Real Suits" and is used to describe all ETF, government, and institutional buyers. Some are concerned that if Suitcoiners conspire, it could threaten the structure of Bitcoin in the future, but he does not believe this will happen, as there have been similar unrealized concerns in stock voting. Nonetheless, this is indeed a fear.