Public companies hold $110B BTC, but which are profiting from the Bitcoin standard?

Public companies collectively hold about $110 billion in Bitcoin (BTC), but performance varies widely among the top 20 holders. Companies with disciplined, long-term accumulation strategies, like Strategy Inc. (MSTR) and Riot Platforms (RIOT), have seen significant stock gains, averaging 286% since adoption, often leveraging debt or efficient mining operations. In contrast, firms whose valuations are tied more to business operations or political cycles, such as Trump Media & Technology Group (DJT) and Metaplanet (MTPLF), have underperformed or seen stock declines despite holding BTC. The analysis concludes that simply holding Bitcoin is insufficient for stock appreciation; success depends on combining accumulation with operational discipline and a long-term approach to volatility.

(Source：Cointelegraph)