The amount of Bitcoin (BTC) held by public companies reached 592,112 BTC in 2024. According to To Bitcoin Ministry of Finance data.
Research Bitwise Head Ryan Ras Mussen Highlighted This number is twice as many Bitcoin as institutions have accumulated over the past five years.
History of accumulation
On January 1, 2024, the amount of Bitcoin held by publicly available companies was 272,777 BTC.
Two important accumulation leaps have been registered in 2020 and 2021. The agency approached a 100,000 BTC stash in the first year of the Covid pandemic. This was a significant increase the following year as the amount held by the corporate exceeded 200,000 BTC.
However, momentum was temporarily suspended as publicly listed companies realized some of the Bitcoin Stash and lost almost the 200,000 btc threshold. The accumulation movement resumed in 2023 and increased significantly last year.
In particular, Rasmussen pointed out that if the strategy stash is ruled out, the amount is “significantly small.” The company, led by Michael Saylor, has over 499,000 BTC in the Treasury as of March, after adding 257,095 BTC via 16 Buys last year.
Rasmussen said public companies had $52 billion worth of Bitcoin as of March 6, equivalent to 3% of the flagship Crypto’s total supply.
Overall leap
The amount of Bitcoin held by various institutional investors also grew significantly in 2024.
It held 2,802,135 BTC as of December 31, 2024, compared to 1,622,439 BTC at the beginning of last year, according to Bitcoin’s Ministry of Finance, Private Companies, Exchange Trade Products (ETP) Manager, Government and publicly listed companies.
This jump is primarily due to the government and ETP managers. The government began last year with 90,379 BTC in safes, and by the end of the year the stash had grown to 513,791 BTC.
Meanwhile, Bitcoin held by the asset manager rose from 771,013 BTC to 1,289,031 BTC over the same period. By the end of last year, private companies had released their holdings from 488,270 BTC to 407,201 BTC on January 1, 2024.
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