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How many companies have invested in Bitcoin?

Nineteen companies with a combined market cap of more than $1 trillion had amassed $6.5 billion in Bitcoin and another 17 have invested treasury funds in Bitcoin. Of course, Tesla alone accounted for nearly three-quarters of that market cap.

What if people can't show where they bought bitcoin?

If individuals can’t show where they bought Bitcoin from, they will be held responsible for that entire three-year period. Making people accountable for where the money has been — not just when it came onto an exchange — would pressure investors to declare their holdings in a more honest way.

How much bitcoin is owned by Tesla?

Of course, Tesla alone accounted for nearly three-quarters of that market cap. Beyond that, Nickel found that various trusts and exchange-traded funds controlled $43.2 billion worth of Bitcoin for both individual and institutional investors.

Is bitcoin a safe place to invest?

The blockchain technology that underlies Bitcoin replaces the reliance on a few centralized record keepers, such as banks or credit card networks, with a large set of decentralized and anonymous agents. Without proper regulation, Bitcoin is going to be a very dangerous place for many retail investors.

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