MicroStrategy Boosts Bitcoin Holdings to Record 461,000 BTC: Institutional Interest Surges
January 21, 2025Private companies, such as Block One, hold 407,212 BTC, while 165,677 BTC are locked within DeFi protocols as wrapped Bitcoin.
This growing institutional adoption indicates a shift in how Bitcoin is perceived, moving from a speculative asset to a legitimate investment vehicle.
The company's average acquisition cost stands at $63,110 per BTC, but this latest purchase was made at a significantly higher average price of $101,191 per BTC.
In addition to corporate holdings, spot Bitcoin ETFs hold a total of 1,307,868 BTC, with BlackRock alone holding a significant portion of 563,134 BTC valued at $58.29 billion.
MicroStrategy has solidified its position as the largest corporate holder of Bitcoin, recently acquiring an additional 11,000 BTC for $1.1 billion, which elevates its total holdings to 461,000 BTC valued at approximately $29.3 billion.
The increasing adoption of Bitcoin by institutional investors may have a substantial long-term impact on its price dynamics and overall market acceptance.
Public companies collectively own 608,381 BTC, and governments, including China and the United States, possess 513,199 BTC, with each holding at least 190,000 BTC.
This trend of increasing institutional interest in Bitcoin underscores its growing popularity as an investment, with large entities making substantial contributions to market growth through direct investments and treasury diversification.
Currently, institutional treasuries collectively hold 3,000,000 BTC, which is valued at $317 billion and represents 14% of Bitcoin's total supply.
In the realm of Bitcoin mining, MARA Holdings is the second-largest holder with 44,893 BTC valued at $4.65 billion, while Riot Platforms ranks third with 17,722 BTC worth around $1.84 billion.
Summary based on 1 source
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u.today • Jan 21, 2025
Bitcoin's Institutional Era Hits Epic 3,000,000 BTC Milestone