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Re:Web 3 Doesn't Exist by magicjosh on Saturday January 08, 2022 @02:23AM (#29849463)
This is a reference to the Fortune 500 companies like Square, Tesla, and Blackrock that hold thousands of bitcoin on their balance sheet.

You can see the current tallies at https://bitcointreasuries.net/

Re:Web 3 Doesn't Exist by fennecfoxen on Saturday January 08, 2022 @11:53AM (#29853458)
Oh, sure, but just because it's on your balance sheet doesn't mean it's a "store of value". Quite often it may be speculative. Bitcoin is much better at being speculative than storing value, after all.
Re:Web 3 Doesn't Exist by pgwhalen on Saturday January 08, 2022 @09:27AM (#29851932)
Great link, thanks.

At the time I looked, MicroStrategy’s market cap is lower than the amount of bitcoin it holds. That has to be awkward if you’re an employee there.