28 Companies Acquire $15.9 Billion in Bitcoin Over the Past Two Months
The substantial purchase surpasses a full year’s worth of new Bitcoin supply, signaling significant institutional interest in the digital asset.
BTC
Summary
Over the past two months, 28 companies have collectively purchased $15.9 billion in Bitcoin, equating to more than a full year's worth of new Bitcoin supply. This marks a significant surge in institutional interest in the cryptocurrency market.
Terms & Concepts
- Bitcoin Supply: The total amount of Bitcoin available in circulation, which is gradually released through mining and capped at 21 million coins.