From state-owned enterprises to governments, the #bitcoin has cemented its role as the ultimate treasury asset.
Here's what you need to know 🧵👇
2/ Public companies drove Bitcoin adoption in 2024, increasing their holdings to 589,934 BTC.
The FASB decision, effective December 16, 2024, allows companies to report Bitcoin at its fair market value, a sea change for corporate adoption.
➡️ Transparent Valuation: Companies can report#BTCat fair market value for accurate reporting.
➡️ Reduced Volatility: Eliminates distortions due to past depreciation reports only.
➡️ Business adoption: Accounting clarity makes Bitcoin a more viable treasury asset.
The top#Bitcoinholders are:
MicroStrategy : 446 400 BTC
Marathon Digital Holdings : 44 394 BTC
Semler Scientific: 2,084 BTC
Metaplanet Inc. : 1 762 BTC
These companies collectively highlight the growing adoption of Bitcoin as a cornerstone of the treasury strategy of
3/ Bitcoin ETFs have been a dominant force in 2024, buying Bitcoin in 11 of the last 12 months and adding 611,577 BTC over the year.
The largest monthly inflows occurred in February (116,561 BTC) and October (76,823 BTC), demonstrating a continued appetite for Bitcoin among institutional investors.
With $35.2 billion in inflows in 2024, Bitcoin ETFs have offered institutions a compliant and accessible way to adopt Bitcoin at scale.
This structural shift highlights Bitcoin’s growing integration into traditional finance, cementing its role alongside other major asset classes.
4/ Governments took significant action in 2024, increasing their Bitcoin reserves more than 5-fold to a total of 513,793 BTC.
The main holders are:
🇺🇸 United States: 198,109 BTC
🇨🇳 Chine : 190 000 BTC
🇬🇧 Royaume Uni : 61 245 BTC
🇺🇦 Ukraine (divers) : 46 351 BTC
🇧🇹 Bhutan: 11,688 BTC
The combined value of governments' Bitcoin holdings reached US$48.62 billion in 2024.
This unprecedented accumulation highlights a shift in sovereign strategies, where Bitcoin is viewed not only as an asset but also as a hedge in a changing global economy.
5/ Speaking of price, Bitcoin went from $42,882 in January to $93,595 in December, an increase of 118%.
Corporations, ETFs, and governments weren’t just holding BTC; they were driving the market and reshaping the narrative of Bitcoin as “digital gold.”
