Bitcoin News: BTC Price Surged Past $80,000, Marking a 19.5% Rise Since the U.S. Election

Driven by market optimism and increasing demand, Bitcoin price surged past $81,000, marking a 19.5% rise since the U.S. election.

As Bitcoin price surged past the $80,000 mark, showing a 19.5% rise since the U.S. election, companies with substantial BTC holdings experienced a significant boost. Among them, MicroStrategy stands out with 252,220 BTC, enjoying an unrealized profit of around $10 billion from its BTC holdings.

Rising Together: Bitcoin and Companies with BTC Holdings

Last week, several experts predicted that the Bitcoin price would quickly surpass the $80K level. On November 8, Friday, the price closed at $76,491.72. Over the weekend, the price climbed by nearly 5.17%. In the last seven days, Bitcoin has registered a rise of 17.0%. Now, the price remains at $81,107.53.

Meanwhile, MicoStrategy is the public company with the largest BTC holdings, owning at least 252,220 BTC. The current value of MicoStrategy's BTC holdings is $20,481,023,182. Considering the fact that the average purchase price per BTC for MicoStrategy is just $39,266, the company currently enjoys an unrealized profit of $10,553,270,696.

Top Ten Public Companies by BTC Holdings

Apart from MicoStrategy, other companies in the top ten list by BTC holdings include Marathon Digital Holdings Inc (25,945 BTC), Riot Platform Inc (10,019 BTC), Tesla Inc (9,720 BTC), Hunt 8 Corp (9,109 BTC), Coinbase Global Inc (9,000 BTC), CleanSpark Inc (8,701 BTC), Block Inc (8,211 BTC), Galaxy Digital Holdings (8,100 BTC), and Bitcoin Group SE (3,830 BTC).

Top Seven Countries by BTC Holdings

The top seven countries by BTC holdings are: the USA (20,189 BTC), China (194,000 BTC), the UK (61,000 BTC), Ukraine (46,351 BTC), Bhutan (13,029 BTC), El Salvador (5,748.8 BTC), and Finland (1,981 BTC).

Top Five Private Companies by BTC Holdings

The top five private companies by BTC Holdings are: Block.one (140,000 BTC), Tether Holdings LTD (82,454 BTC), Xapo Bank (38,931 BTC), BitMEX (36,794 BTC), and Mt.Gox (34,164 BTC).

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