The Bitcoin industry has observed a growing trend of both public and private companies adding Bitcoin to their balance sheets.
Our aim is to provide business owners with a clear and accessible overview of this emerging trend, leveraging insights derived from CoinCorner's internal data.
Key Findings:
- Buy Bitcoin little and often: Long-term Bitcoin accumulation is favoured, demonstrating confidence in its potential future value.
- Bitcoin is accessible: The average Bitcoin buy was £324 with the lowest being just £1.
- Businesses HOLDing Bitcoin: 61% of our business sample have never sold their Bitcoin, reinforcing a long-term strategy.
- Bitcoin is for all industries: There are a diverse range of non-financial industries holding Bitcoin, including sectors like healthcare and construction.
- Micro-businesses lead Bitcoin adoption: 84% of businesses holding Bitcoin have fewer than 10 employees.
- Established companies embrace Bitcoin: 10+ year old companies are increasingly adding Bitcoin to their balance sheet, recognising its potential as a long-term asset.