#Bitcoin services for the UK and UAE 🧡 @CoinCornerUK 🇬🇧 @CoinCornerUAE 🇦🇪 Need help? support.coincorner.com
Isle of Man
- Tweets 7,938
- Following 85
- Followers 17,434
- Likes 18,543
🔒 Introducing Vault - a new way to store your Bitcoin.
Built in partnership with @AnchorWatch and designed to give you institutional-grade security from your CoinCorner account.
🔒 Multi-signature security
🌍 Multi-jurisdiction key management
🛡️ Custom theft protection
⚡ Instant withdrawals
✔️ Insurance underwritten by Lloyd's of London, covering loss of keys and unauthorised access.
Vault is available now for CoinCorner customers.
3
14
60
26,015
Merchant Spotlight: @VivaCento
🫒 Extra virgin olive oil
🧡 Pay with bitcoin
🌿 Packed with polyphenols
🫶 Harvested by hand
🇬🇧 UK delivery
Support merchants building the #Bitcoin circular economy!
Find out more: vivacento.com
1
6
12
1,049
UK Customer Report Bitcoin 2024
In our latest report, we explore #Bitcoin trends using internal data from a random sample of 2,000 UK users who engaged in Bitcoin transactions in 2024, analysing demographic patterns and buying/selling behaviours throughout the year.
Key Findings
1) 51% of customers have been transacting for 3+ years.
2) 86% of transactions were buys.
3) 51% have never sold Bitcoin.
4) Lightning Network adoption is growing.
5) 88% have bought Bitcoin more than once.
6) Customers are not the typical young risk-takers.
The full report is available now on our blog 👇
blog.coincorner.com/uk-custo…
7
20
49
15,023
JUST IN: Bitcoin News by CoinCorner
Your round up of the top stories in Bitcoin this week with @alexglasse 👇
😱 Bitcoin just surpassed @Google – now the 5th largest asset in the world!
🤑 Bitcoin ETF mania returns! $936 million inflows – biggest since January.
📈 @saylor’s Bitcoin bet pays off. @MicroStrategy
(MSTR) soars 2,466%, beating @Tesla, @Apple and @nvidia.
🔥 New $3.6 billion Bitcoin giant, Twenty One Capital, takes aim at Saylor’s Strategy.
🇰🇼 Kuwait bans Bitcoin mining over energy concerns and legal violations.
😏 Bitcoin just got a new friend in power! Paul Atkins heads SEC.
#Bitcoin
1
6
12
1,463
JUST IN: Bitcoin News by CoinCorner
Your round up of the top stories in Bitcoin this week with @alexglasse
🏴 Scottish boarding school now accepts Bitcoin for tuition
🇵🇦 Panama City approves crypto payments for public services
🇺🇸 VanEck: Bitcoin Treasury bonds may help U.S. refinance $14T debt
💸 Bo Hines: U.S. could buy Bitcoin using Trump Tariff revenue
🇸🇪 Swedish MP proposes Bitcoin reserve to boost national finances
📈 Bitwise report: Bitcoin held by publicly listed firms climbs 16% in Q1
#Bitcoin
4
7
19
1,897
JUST IN: Bitcoin News by CoinCorner 🗞️
Your round up of the top stories in Bitcoin this week with @alexglasse 👇
- Is Bitcoin finally decoupling from traditional markets?
- The 'worst quarter’ since FTX collapse is finally over
- 400,000 FTX users could lose $2.5B in repayments
- Bitcoin mining stocks crash as revenue tanks
- @jack: Block is bringing Bitcoin to 4 million merchant terminals
#Bitcoin
1
3
6
1,039
JUST IN: Bitcoin News by CoinCorner 🗞️
Your round up of the top stories in Bitcoin this week with @alexglasse 👇
🇬🇧 @bitcoinpolicyuk: The UK is falling behind on Bitcoin!
🔥 @BlackRock continues to push Bitcoin
⛏️ Trump family goes all-in on Bitcoin, launches a Bitcoin mining company
👀 @gamestop reveals Bitcoin Strategy
🧡 @HRF donates 10 BTC to fund open-source Bitcoin development
#Bitcoin
1
9
18
1,877
Bitcoin-Accepting Businesses Outlasting the Average UK Small Business
The average age of our businesses holding Bitcoin was 11 years old.
Interestingly, given most of our businesses are small businesses, this is actually 3 years older than the
average age of a small business in the UK [12].
Intriguingly, our oldest company holding Bitcoin was over 75 years old.
Given these results, it’s fair to say that the businesses buying Bitcoin are not the stereotypical young risk-taking enterprises, often associated with #Bitcoin in the media.
From our latest report: "Bitcoin on the Balance Sheet"
1
2
5
1,417
Majority of Bitcoin-Buying Business Owners Are Middle-Aged
The most represented age groups among decision-makers of businesses using our platform are 35–44 years old (44%) and 45–54 years old (38%).
In comparison, 73% of decision-makers at companies in the U.S. fall within the 28–43 age range [11], while our data shows only 40% of decision-makers are in this bracket.
This suggests that businesses investing in Bitcoin through our platform have older decision-makers than the national average, challenging the common perception of #Bitcoin investors as predominantly young, risk-taking individuals.
From our latest report: "Bitcoin on the Balance Sheet"
1
4
13
2,702
South UK Buys More Bitcoin
In terms of location, 98% of our sample is UK based, with a higher concentration in the South.
Businesses based in the South had the largest buy/sell volume and frequency which is unsurprising as many businesses choose to set up in the South, contributing to the long-standing North/South divide in the UK [10].
However, there is limited research exploring #Bitcoin trends by region.
From our latest report: "Bitcoin on the Balance Sheet"
1
3
5
845
Majority of Business Owners Buying Bitcoin Are Male
91% of decision-makers in businesses associated with us are male, reflecting the typical 80-90% male representation among individual Bitcoin investors.
The #Bitcoin industry has traditionally been male-dominated, stemming from its roots in tech and finance; fields historically led by men [5].
However, Bitcoin is increasingly attracting women and presenting a valuable opportunity to tackle gender disparities in tech and finance [9].
From our latest report: "Bitcoin on the Balance Sheet"
2
3
3
1,095
Micro-Businesses Are Leading Bitcoin Adoption
84% of our businesses holding Bitcoin are micro-businesses, employing fewer than 10 people. This challenges the common perception that Bitcoin is primarily the domain of large public companies.
On the contrary, #Bitcoin is accessible to businesses of all sizes and is often easier for smaller enterprises to invest in due to fewer layers of approval required for such decisions.
This trend reflects a familiar narrative in business history: smaller, more agile companies are often quicker to recognise and adopt new technologies compared to their larger, more established
counterparts [8].
From our latest report: "Bitcoin on the Balance Sheet"
2
5
16
2,024
Bitcoin is for All Industries
The data shows no significant differentiation among industries holding Bitcoin, highlighting its broad appeal across various sectors.
While industries like IT, Consultancy, and Finance are commonly associated with #Bitcoin [5], they make up 61% of the total industry involvement in our data.
Surprisingly, Retail, Healthcare, and Construction industries hold the largest amounts of Bitcoin, illustrating accessibility and the appeal to diverse businesses.
Interestingly, crypto payments are predicted to grow nearly 17% between 2023-2030 [6], with broader acceptance from industries being a contributing factor [7], reaffirming Bitcoin is for all industries.
From our latest report: "Bitcoin on the Balance Sheet"
3
7
1,163
Bitcoin Held by Businesses
In total, our businesses hold over 86 BTC, worth around £6.5M (assuming £75k price). However, around 45% of our businesses hold less than 0.1 BTC (worth under £7,500), proving that #Bitcoin can be affordable for most businesses.
This is particularly significant when considering that the average cash reserves held by small and medium businesses in the UK are approximately £90,000 [4].
From our latest report: "Bitcoin on the Balance Sheet"
1
8
14
1,886
Majority of Businesses Have Never Sold
60% of businesses have never sold any of their Bitcoin, reinforcing the concept of a "HODLing" strategy.
This approach involves accumulating #Bitcoin with a long-term view of its value, rather than frequently selling, reflecting their optimistic outlook on its future price.
From our latest report: "Bitcoin on the Balance Sheet"
1
4
12
1,856
Business Activity Rises with Bitcoin Price
As anticipated, the number of businesses buying and selling Bitcoin is closely linked to its price, with more businesses starting to transact as the value of Bitcoin rises.
In fact, there was a noticeable increase in businesses signing up to CoinCorner during the #Bitcoin price peak.
This pattern mirrors the behaviour of individual investors, demonstrating a common trend in market participation.
From our latest report: "Bitcoin on the Balance Sheet"
1
4
11
1,507
Average Bitcoin Buys by Businesses
The average Bitcoin buy was £325, with the smallest Bitcoin buy being just £1 and the largest at £265,000.
The data also shows that our businesses are adopting a strategy of buying small amounts of #Bitcoin regularly, commonly known as dollar-cost averaging (DCA).
This approach helps mitigate the impact of significant price fluctuations on their investments, offering businesses greater flexibility and peace of mind.
From our latest report: "Bitcoin on the Balance Sheet"
3
6
10
1,264
Businesses Buy More Bitcoin Than They Sell
The total transactional volume of our sample stands at £55 million.
On average, businesses made 97 transactions; 67% buys and 33% sells, over their lifetime.
These figures underscore businesses' optimism about
Bitcoin’s future price appreciation and highlight their strategy of gradually accumulating #Bitcoin through regular, smaller purchases.
From our latest report: "Bitcoin on the Balance Sheet"
1
5
8
1,471
Bitcoin-Accepting Businesses Outlasting the Average UK Small Business
The average age of our businesses holding Bitcoin was 11 years old.
Interestingly, given most of our businesses are small businesses, this is actually 3 years older than the
average age of a small business in the UK [12].
Intriguingly, our oldest company holding Bitcoin was over 75 years old.
Given these results, it’s fair to say that the businesses buying Bitcoin are not the stereotypical young risk-taking enterprises, often associated with #Bitcoin in the media.
1
7
277
Majority of Bitcoin-Buying Business Owners Are Middle-Aged
The most represented age groups among decision-makers of businesses using our platform are 35–44 years old (44%) and 45–54 years old (38%).
In comparison, 73% of decision-makers at companies in the U.S. fall within the 28–43 age range [11], while our data shows only 40% of decision-makers are in this bracket.
This suggests that businesses investing in Bitcoin through our platform have older decision-makers than the national average, challenging the common perception of #Bitcoin investors as predominantly young, risk-taking individuals.
1
8
294
South UK Buys More Bitcoin
In terms of location, 98% of our sample is UK based, with a higher concentration in the South.
Businesses based in the South had the largest buy/sell volume and frequency which is unsurprising as many businesses choose to set up in the South, contributing to the long-standing North/South divide in the UK [10].
However, there is limited research exploring #Bitcoin trends by region.
1
7
306
Majority of Business Owners Buying Bitcoin Are Male
91% of decision-makers in businesses associated with us are male, reflecting the typical 80-90% male representation among individual Bitcoin investors.
The #Bitcoin industry has traditionally been male-dominated, stemming from its roots in tech and finance; fields historically led by men [5].
However, Bitcoin is increasingly attracting women and presenting a valuable opportunity to tackle gender disparities in tech and finance [9].
1
8
329
Micro-Businesses Are Leading the Bitcoin Adoption
84% of our businesses holding Bitcoin are micro-businesses, employing fewer than 10 people. This challenges the common perception that Bitcoin is primarily the domain of large public companies.
On the contrary, #Bitcoin is accessible to businesses of all sizes and is often easier for smaller enterprises to invest in due to fewer layers of approval required for such decisions.
This trend reflects a familiar narrative in business history: smaller, more agile companies are often quicker to recognise and adopt new technologies compared to their larger, more established counterparts [8].
3
1
13
906
Bitcoin is for All Industries
The data shows no significant differentiation among industries holding Bitcoin, highlighting its broad appeal across various sectors.
While industries like IT, Consultancy, and Finance are commonly associated with #Bitcoin [5], they make up 61% of the total industry involvement in our data.
Surprisingly, Retail, Healthcare, and Construction industries hold the largest amounts of Bitcoin, illustrating accessibility and the appeal to diverse businesses.
Interestingly, crypto payments are predicted to grow nearly 17% between 2023-2030 [6], with broader acceptance from industries being a contributing factor [7], reaffirming Bitcoin is for all industries.
1
7
517
Bitcoin Held by Businesses
In total, our businesses hold over 86 BTC, worth around £6.5M (assuming £75k price). However, around 45% of our businesses hold less than 0.1 BTC (worth under £7,500), proving that #Bitcoin can be affordable for most businesses.
This is particularly significant when considering that the average cash reserves held by small and medium businesses in the UK are approximately £90,000 [4].
6
1
14
1,087
Majority of Businesses Have Never Sold
60% of businesses have never sold any of their Bitcoin, reinforcing the concept of a "HODLing" strategy.
This approach involves accumulating #Bitcoin with a long-term view of its value, rather than frequently selling, reflecting their optimistic outlook on its future price.
1
7
455
Business Activity Rises with Bitcoin Price
As anticipated, the number of businesses buying and selling Bitcoin is closely linked to its price, with more businesses starting to transact as the value of Bitcoin rises.
In fact, there was a noticeable increase in businesses signing up to CoinCorner during the #Bitcoin price peak.
This pattern mirrors the behaviour of individual investors, demonstrating a common trend in market participation.
1
8
389
Average Bitcoin Buys by Business
The average Bitcoin buy was £325, with the smallest Bitcoin buy being just £1 and the largest at £265,000.
The data also shows that our businesses are adopting a strategy of buying small amounts of #Bitcoin regularly, commonly known as dollar-cost averaging (DCA).
This approach helps mitigate the impact of significant price fluctuations on their investments, offering businesses greater flexibility and peace of mind.
1
1
11
958
Businesses Buy More Than They Sell
The total transactional volume of our businesses stands at £55 million.
On average, businesses made 97 transactions; 67% buys and 33% sells, over their lifetime.
These figures underscore businesses' optimism about
Bitcoin’s future price appreciation and highlight their strategy of gradually accumulating #Bitcoin through regular, smaller purchases.
1
3
12
1,511
Bitcoin on the Balance Sheet: A Report by CoinCorner
More companies are adding #Bitcoin to their balance sheets, reflecting growing confidence in its long-term value.
Our new report delves into key trends, adoption patterns, and demographics of these companies.
Thread 👇
7
30
95
39,781
JUST IN: Bitcoin News by CoinCorner 🗞️
Your round up of the top stories in #Bitcoin this week with @alexglasse 👇
🇺🇸 @federalreserve Chair, Jerome Powell, says no to US CBDC under his watch.
👀 @gamestop CEO fuels Bitcoin speculation: $4.6 billion buy incoming?
🇬🇧 @BarclaysUK discloses $131 million @BlackRock Bitcoin ETF holdings.
🇦🇪 Abu Dhabi wealth fund, @Mubadala, reveals $460 million Bitcoin purchase.
🇨🇿 Central Banks should study Bitcoin, not avoid it, says @CNB_cz chief.
🚓 @WYHighwayPatrol Association considers buying Bitcoin.
Follow for more: @BitcoinNewsbyCC
1
6
756
JUST IN: Bitcoin News by CoinCorner 🗞️
Your round up of the top stories in #Bitcoin this week with @alexglasse 👇
🇬🇧 British man who lost £600m Bitcoin fortune considers buying landfill site to search for it.
💫 Bitcoin treasury pioneer MicroStrategy rebrands with a new name: Strategy.
👀 Austin University to launch $5M Bitcoin fund with 5-year HODL strategy.
🇺🇸 Maryland and Kentucky join the growing list of US states introducing a Bitcoin reserve bill.
🇭🇰 Hong Kong announces Bitcoin can be used to prove wealth for Investment Visa.
🥳 Solo miner snags Bitcoin block reward worth $300K.
⛏️ Bitcoin difficulty hits new highs as key metric signals miner capitulation and possible bottom.
Follow for more: @BitcoinNewsbyCC
1
6
1,000
JUST IN: Bitcoin News by CoinCorner 🗞️
Your round up of the top stories in #Bitcoin this week with @alexglasse 👇
🇨🇿 Czech Central Bank eyes 5% reserves in Bitcoin assets.
🤖 Did DeepSeek cause Bitcoin and crypto to plunge?
🎾 European Squash Federation embraces Bitcoin.
🧑⚖️ SEC revokes banking rule that blocked Wall Street banks from adopting Bitcoin and crypto.
🇺🇸 Pro-Bitcoin, Scott Bessent, officially confirmed as Secretary of the Treasury of the United States.
👀 Truth Social owner, Trump Media, expands into finance, may invest in bitcoin.
Follow for more: @BitcoinNewsbyCC
8
796
JUST IN: Bitcoin News by CoinCorner 🗞️
Your round up of the top stories in #Bitcoin this week with @alexglasse 👇
😂 Trump launches meme coin $TRUMP just days before return to White House.
🥳 Trump pardons Silk Road dark web market creator Ross Ulbricht.
🏦 Bank of America CEO says financial industry will jump into crypto payments if regulators allow it.
👀 BlackRock CEO Larry Fink forecasts $700K Bitcoin price amid inflation worries.
🇺🇸 Maynard introduces Strategic Bitcoin Reserve Act to protect and grow Oklahoma’s financial future.
Follow for more: @BitcoinNewsbyCC
1
6
1,261