• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Corporate and Sovereign Bitcoin Reserves: Emerging Trends

user avatar

by Giorgi Kostiuk

8 months ago

Recent developments in the crypto market highlight the significance of corporate and sovereign Bitcoin reserves in transforming it.

Worldwide Acknowledgment of Bitcoin as Strategic Asset

OKX Ventures analytics suggest a rapid shift in Bitcoin reserves driven by corporate and sovereign investors. Many nations and companies are acknowledging Bitcoin's role as a strategic asset amid rising market volatility.

U.S. Plans to Increase Bitcoin Reserves

The United States currently holds 213,246 $BTC, equivalent to $20.7 billion, representing 1.02% of worldwide Bitcoin supply. Following the Bitcoin Bill's approval, an additional 1M $BTC is planned over the next five years, potentially elevating the U.S. share to 5.8% of the global supply.

Notable Countries Boost Bitcoin Reserves

China holds 190,000 $BTC ($18.4 billion), representing 0.90% of the total supply. The United Kingdom, Bhutan, and El Salvador are also increasing their reserves, highlighting the potential impact of U.S. reserves on global supply-demand balance.

Corporate and sovereign actions to enhance Bitcoin reserves could significantly shift the crypto market balance, reinforcing its position as a strategic asset.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitget Launches KITEUSDT Futures Trading

chest

Bitget has officially launched KITEUSDT for futures trading, offering a maximum leverage of 25x.

user avatarDavid Robinson

Aljarrah Highlights Ripple's Role in XRP's Growth

chest

Aljarrah credits Ripple's On-Demand Liquidity product as a key driver for XRP's adoption in global payment corridors.

user avatarAndrew Smith

Ethereum ETF Experiences $500 Million Outflow Amid Institutional Concerns

chest

The US Spot Ethereum ETF has experienced a $500 million outflow over the last four trading sessions, indicating a declining risk appetite among institutional investors.

user avatarZainab Kamara

US Spot Bitcoin ETF Sees $13 Billion Outflow Amid Market Concerns

chest

The US Spot Bitcoin ETF has seen a significant outflow of $13 billion over the last four trading sessions, raising concerns among traders about declining market sentiment towards Bitcoin.

user avatarJacob Williams

Traders Turn Idle Crypto into Income with Lending Platforms

chest

Traders can earn interest on idle cryptocurrencies using lending platforms, generating returns instead of letting their assets sit idle.

user avatarSon Min-ho

Kalshi Reports Record Trading Volumes Amid Rising Interest

chest

Kalshi reports record trading volumes of $12 billion from October 27 to November 2, reflecting growing interest in prediction markets.

user avatarAyman Ben Youssef

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.