Digital asset treasury firms keep accumulating Bitcoin (BTC) this month…holding about 1.91 million coins

Source
JH Kim

Summary

  • Digital asset treasury firms said they are continuing to accumulate Bitcoin (BTC) this month as well.
  • On-chain data provider Centora said DATs bought an additional 23,000 BTC in total this month.
  • It said treasury firms hold 1,913,908 BTC, about 9.5% of total supply.

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Digital asset (cryptocurrency) treasury firms (Digital Asset Treasury, DAT) appear to have continued accumulating Bitcoin (BTC) this month.

On the 20th (local time), on-chain data provider Centora (formerly IntoTheBlock) said on X (formerly Twitter) that DATs bought an additional 23,000 BTC in total this month.

As a result, the amount of Bitcoin held by digital asset treasury firms now totals 1,913,908 BTC, equivalent to about 9.5% of total supply.

Centora said cumulative holdings by listed companies and institutions that have adopted a Bitcoin treasury strategy continue to rise, adding that the trend of holding Bitcoin as part of corporate treasury strategy is persisting.

Photo=Shutterstock
Photo=Shutterstock
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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