Centralized Bitcoin treasuries hold 31% of BTC supply: Gemini

Centralized treasuries manage around 31% of Bitcoin’s supply, approximately equivalent to 668 billion USD, indicating a trend towards institutional recognition of Bitcoin.

Over the last ten years, Bitcoin controlled by these entities has surged by 924%, reflecting a growing acceptance of Bitcoin as a strategic asset.

Dormant sovereign treasury wallets have enough Bitcoin to influence market trends significantly when activated, showcasing their potential impact on valuations.

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