Centralized Treasuries Control Nearly 31% of BTC Supply as Institutional Adoption Surges

Centralized treasuries now control 30.9% of Bitcoin’s circulating supply, according to a new report from Gemini and Glassnode. This includes holdings by governments, exchange-traded funds, and public companies that have adopted Bitcoin as a strategic reserve asset over recent years. The data shows how Bitcoin has changed from a primarily on-chain market to a mainstream […] The post Centralized Treasuries Control Nearly 31% of BTC Supply as Institutional Adoption Surges appeared first on Coin Edition.