Top 10 Public Companies by Bitcoin Holdings as of Q3 2023

As of September 30, 2023, several top public companies have made significant Bitcoin investments, reflecting growing institutional confidence in the cryptocurrency market. This blog post highlights the top 10 public companies ranked by their Bitcoin holdings at the close of Q3 2023 and explores miner revenue trends that impact the broader Bitcoin ecosystem.

Leading companies such as MicroStrategy, Tesla, and Marathon Digital Holdings have maintained their sizeable Bitcoin reserves, benefiting from price appreciation and network growth. The analysis of miner revenue over time shows how mining profitability and market dynamics influence Bitcoin's supply and demand.

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