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The amount of Bitcoin held by institutions has skyrocketed.
Public data shows that as of now, 93 large institutions have collectively held over 2.8 million bitcoins, with a current market value of around 260 billion USD, accounting for 13.4% of the total bitcoin supply. Among them, ETFs rank first, accounting for about 5.97% of the total bitcoin supply, followed by various governments, with the US holding around 1%. Ukraine, which has been in conflict for several years, also holds over 40,000 bitcoins. The strategic position of bitcoin has been soaring.
I previously mentioned a contrasting piece of data: the historical total loss of bitcoins is estimated to be over 3 million, including 1.1 million belonging to Satoshi Nakamoto. Most of the previously lost bitcoins were due to early players neglecting their computers during mining, leading to hard drive loss and damage, which indirectly resulted in a decrease in the circulating supply of bitcoin.
I previously mentioned a contrasting piece of data: the historical total loss of bitcoins is estimated to be over 3 million, including 1.1 million belonging to Satoshi Nakamoto. Most of the previously lost bitcoins were due to early players neglecting their computers during mining, leading to hard drive loss and damage, which indirectly resulted in a decrease in the circulating supply of bitcoin.
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