Companies Adding Bitcoin to Balance sheets

TESLA: In February 2021, Tesla disclosed it had bought $1.5 billion worth of Bitcoins (10% of the cash reserves). CEO Elon Musk also said they would start accepting bitcoin as payment on a limited basis (this was stopped in May)

Square: The financial payments company, run by Twitter founder Jack Dorsey, bought a combined $50 million worth of Bitcoins in the fourth quarter of 2020 and added an additional $170 million of Bitcoin to its balance sheet in February 2021

MicroStrategy: The Virginia-based software company holds roughly $4.5 billion worth of Bitcoins from an initial purchase price of $2.1 billion. CEO Michael Saylor remains bullish on Bitcoin with MicroStrategy making an additional $10 million investment in March 2021