Bitcoin continues to strengthen its position in the global economy, reaching a market capitalization of $2.22 trillion and becoming part of the global money supply.
Bitcoin and Its Share in Global Liquidity
Bitcoin now accounts for approximately 2.2% of the total M2 money supply, highlighting its growing role in financial systems traditionally reserved for fiat currencies and gold.
Institutional Buying Surpasses New Supply
Among the significant factors contributing to Bitcoin’s rising share, there is an increase in institutional accumulation:
* In the first months of 2025, public companies acquired over 196,000 BTC. * By May 2025, total institutional holdings exceeded the projected annual mining output of ~164,000 BTC. * Since January 2025, institutions have accumulated over 417,000 BTC, pushing available supply on exchanges to new lows.
Corporate Treasuries and ETFs Widen the Pipeline
High-profile corporate purchases underline this trend. For instance, Strategy Inc. (formerly MicroStrategy) made its largest-ever acquisition in May, adding 7,390 BTC worth about $765 million. Simultaneously, Bitcoin ETFs from BlackRock and Fidelity have opened the door for unprecedented traditional capital flows.
Measured at 2.2% of global M2, Bitcoin is no longer just a speculative asset class — it has become a macroeconomic factor that influences financial markets.
