$BTC Supply on Exchanges Drops as Public Companies Accumulate
According to Fidelity Digital Assets, the supply of Bitcoin on exchanges has fallen to around 2.6 million — the lowest level since November 2018.
Since November, over 425,000 BTC have been withdrawn from exchanges, a trend often seen as a shift toward long-term holding rather than short-term trading.
☯️ During the same period, public companies snapped up nearly 350,000 BTC, with Strategy leading the charge, accumulating 285,980 BTC — about 81% of all Bitcoin acquired by publicly traded firms.
