Corporate demand for Bitcoin is increasing at a rapid speed that far exceeds new supply, reinforcing that institutional balance sheets are becoming a major driver of the market. Over the past six months, corporate digital asset treasuries have accumulated Bitcoin at nearly three times the rate of mining issuance.
According to Glassnode’s data, the total amount of Bitcoin owned by public and private companies’ treasuries has risen from 854,000 BTC to roughly in the last 6 months.
This marks a net addition of approximately 260,000 BTC, translating into nearly 43,000 BTC each month.
At the current market price, this is roughly worth $25 billion, which highlights the growth in the amount of being actually held by corporate balance sheets.
Glassnode sees this as an indicator of the lasting institutional trust instead of a short-term speculative game.
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