<p>Cumulative market cap of public companies holding <a href="https://www.theblock.co/price/248348/bitcoin-btc-usd">Bitcoin (BTC)</a>, tracked since the day of their first BTC purchase. Excludes Tesla, <a href="https://www.theblock.co/crypto-company-stocks/334745/coinbase-global-inc-coin">Coinbase</a> and <a href="https://www.theblock.co/crypto-company-stocks/334749/block-inc-xyz">Block</a> to focus on companies running the Bitcoin treasury play. Updated daily.</p>