US Entities’ Bitcoin Holdings Reach Massive Record: Details

Description

The US entities’ share of global Bitcoin reserves has reached an all-time high amidst increasing confidence in the asset class. The figure is now 65% higher than non-US entities, according to CryptoQuant CEO Ki Young Ju. This milestone is based on an analysis of Bitcoin holdings by identifiable US entities – including miners, MicroStrategy (MSTR), ETFs, exchanges, and government accounts – compared to known offshore counterparts. Institutional Demand Pushes US Bitcoin Reserve Ratio to ATH As per...