Bitcoin market capitalization surpasses Visa and Mastercard

Bitcoin price recently broke the $25k mark which propelled the crypto asset into, theoretically, becoming one of the largest companies by market capitalization size.

According to available data from Asset Dash, Bitcoin has a market cap of $461.9 billion, which is $2 billion higher than that of Visa and also over $120 billion bigger than MasterCard's market cap. Basically, what this means is that the market cap of the leading crypto asset is bigger than two of the most established financial institutions in the world.

​The crypto asset is still miles away from the next company with a larger market cap which is Berkshire Hathaway.

Berkshire has a market cap of over $500 billion and it would require Bitcoin at least $70 billion to match that of the industrial giant. The coin, however, could usurp the company if it is able to sell for over $28,000 in the coming days.

Warren Buffet, the CEO of Berkshire Hathaway, is a renowned billionaire who dismissed crypto trading as "just dementia."