How Much Bitcoin Is Held by Institutions?16

Bitcoin has been gaining increasing attention from institutional investors in recent years. As a result, there has been a lot of speculation about how much Bitcoin is actually held by institutions. Some estimates suggest that institutions currently hold between 1% and 10% of the total Bitcoin supply, while others believe that the number is even higher.

There is no easy way to determine exactly how much Bitcoin is held by institutions. However, there are a few different methods that can be used to estimate this number. One method is to look at the amount of Bitcoin that is held by publicly traded companies. Another method is to look at the amount of Bitcoin that is held by cryptocurrency exchanges. Finally, it is also possible to estimate the amount of Bitcoin that is held by private institutions, such as hedge funds and family offices.

Publicly traded companies that hold Bitcoin include MicroStrategy, Square, and Tesla. As of December 31, 2021, MicroStrategy held 129,218 Bitcoin, Square held 8,027 Bitcoin, and Tesla held 43,200 Bitcoin. This means that these three companies alone held a total of 180,445 Bitcoin, which is worth approximately $8.5 billion at current prices.

Cryptocurrency exchanges also hold a significant amount of Bitcoin. The largest cryptocurrency exchange, Binance, is estimated to hold between 2% and 4% of the total Bitcoin supply. This means that Binance alone could hold as much as 800,000 Bitcoin, which is worth approximately $37.6 billion at current prices.

Private institutions, such as hedge funds and family offices, are also believed to hold a significant amount of Bitcoin. However, it is difficult to estimate exactly how much Bitcoin these institutions hold, as they are not required to disclose their holdings. Some estimates suggest that private institutions could hold as much as 5% of the total Bitcoin supply, which would mean that they hold approximately 1 million Bitcoin worth approximately $47 billion at current prices.

Overall, it is estimated that institutions currently hold between 1% and 10% of the total Bitcoin supply. This number is likely to continue to grow in the future, as more and more institutions begin to recognize the potential of Bitcoin as an investment.

2024-12-12

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