Corporate Clients Hold Significant Bitcoin Assets on Mercado Bitcoin
- Corporate clients, mainly small and medium enterprises, account for 10% to 15% of assets on Mercado Bitcoin.
- These companies typically hold over 90% of their assets without trading, focusing on Bitcoin and stablecoins like USDT and USDC.
- Publicly-traded companies collectively hold over one million BTC, with Strategy (MSTR) being the largest corporate holder at approximately 639,835 BTC.
- Brazil ranks fifth in the Global Crypto Adoption Index but has only one publicly traded company holding BTC, Méliuz.
- OranjeBTC is set to become Brazil’s largest publicly traded corporate holder with $400 million in its treasury.
- The rise in institutional activity is contributing to reduced volatility in crypto markets.
Small and medium enterprises are increasingly using Bitcoin as a hedge against global economic uncertainties such as inflation and currency devaluation. This trend reflects a conservative approach to treasury management rather than speculative trading.
Currently, corporate clients hold between 10% and 15% of total assets on Mercado Bitcoin, indicating a significant shift towards cryptocurrency adoption among businesses in Brazil.(Source)
