I recently came across some interesting data — Cango Inc, a publicly listed company, holds 7,643 Bitcoins, ranking 14th among all listed companies in Bitcoin holdings.
From another perspective, the total market value of these Bitcoins is approximately $254.96 million. Considering from a shareholder's point of view, the average number of Bitcoins per share is 0.00004437 — although the number seems small, it also indicates that listed companies are increasingly valuing crypto asset allocation.
Based on this holding ranking, more and more traditional companies are beginning to include Bitcoin in their balance sheets. This trend is quite interesting and reflects the growing recognition among institutions of Bitcoin as a store of value.
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I recently came across some interesting data — Cango Inc, a publicly listed company, holds 7,643 Bitcoins, ranking 14th among all listed companies in Bitcoin holdings.
From another perspective, the total market value of these Bitcoins is approximately $254.96 million. Considering from a shareholder's point of view, the average number of Bitcoins per share is 0.00004437 — although the number seems small, it also indicates that listed companies are increasingly valuing crypto asset allocation.
Based on this holding ranking, more and more traditional companies are beginning to include Bitcoin in their balance sheets. This trend is quite interesting and reflects the growing recognition among institutions of Bitcoin as a store of value.