Publicly traded companies own 601,000 Bitcoins, gain $500 million
more than 601,000 BTC is held by companies listed on the Nasdaq and other exchanges around the world.
more than 601,000 BTC is held by companies listed on the Nasdaq and other exchanges around the world.
TOTAL led 22 Gainers as against 7 Losers topped by UAC-PROP at the end of today's session.
Futures contracts on the S&P 500 Index plunged by 1.4% at the time this report.
Apple Inc, the most valuable listed company, plunged in value by 3.17% to close at $106.84.
The first time since March, both indexes had a drop for the fourth time in five days.
Brent crude prices dropped 0.51% to trade at $40.58 a barrel, after rising 2.5% on Wednesday.
Apple gained 3.99% to bring its market cap back to $2 trillion after its shares closed at $117.32.
Apple, which hit a $2 trillion market cap on August 19, lost about $325 billion in that time period.
The market enables price discovery, and prices are based on interplay of supply and demand.
The plunge marked the biggest one-day drops for all three indexes since June.