Recent data shows that public companies and investment funds now control 11% of all Bitcoin in circulation, indicating a growing interest from institutional investors.
Growth of Corporate Interest in Bitcoin
Public companies and investment funds have begun to view Bitcoin as a legitimate store of value and a hedge against inflation. Once considered speculative, Bitcoin is now increasingly accepted within the traditional financial system.
Acceleration of Bitcoin Adoption by Corporations
The number of firms publicly reporting Bitcoin on their balance sheets has surged over the past two years. Major players like MicroStrategy and Tesla have led the way, encouraging others to follow suit. These entities now collectively control over 2.3 million BTC.
Impact on the Bitcoin Market
The increasing share of Bitcoin held by funds and public companies reduces the available supply for retail investors. As Bitcoin has a hard cap of 21 million coins, every major acquisition by institutions tightens the market. This supply squeeze could contribute to long-term price appreciation, especially if demand continues to grow.
Thus, the fact that public companies and funds now hold 11% of Bitcoin is a clear signal that Bitcoin is becoming an accepted financial asset in the corporate world.
