Centralized Bitcoin (BTC) Treasuries Now Hold Nearly 1/3 of Total Supply
Centralized Bitcoin treasuries now hold 30.9% of the total circulating supply, according to a new report by Gemini. This concentration, which spans across 216 entities that include governments, exchange-traded funds (ETFs), public and private companies, centralized exchanges, and DeFi contracts, ultimately indicates growing institutional maturity and adoption. The total amount of BTC held by major […]
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