Institutional investors account for 31% of known Bitcoin holders, up from 14% in 2023. 📈
Spot Bitcoin ETFs, government purchases, and MicroStrategy’s strategy are among the main reasons for this increase. MicroStrategy stands out with its assets exceeding 440,000 BTC.
Governments such as the US, China, and Bhutan are also major Bitcoin holders. In total, 2.45% of the cryptocurrency’s supply is controlled by governments. 🌍