Fidelity Digital Assets, the crypto arm of Fidelity Investment Group, posted on the X platform that the supply of bitcoin on exchanges is declining due to purchases by listed companies - a trend that is expected to accelerate in the near future. Here are some of the trends currently unfolding:
Exchanges hold 2.60 million bitcoins, the lowest level since November 2018. Since November 2024, more than 425,000 bitcoins have been transferred from exchanges. After the U.S. election, listed companies increased their holdings by nearly 350,000 bitcoins. Since 2025, listed companies have purchased more than 30,000 bitcoins per month.
Fidelity: Bitcoin supply on exchanges is declining due to purchases by public companies
2025-04-24 12:56:33
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