Companies love bitcoin! Since the start of the year, companies have become The biggest net buyers of bitcoinssurpassing ETFs and private investors. According to a River study, companies have accumulated 157,000 BTC, or about $ 16 billion. This trend is mainly led by companies like that of Michael Saylor and finance companies, technology and advice are the most active in these massive BTC purchases.
- Companies have surpassed ETF and private investors by becoming the biggest Bitcoin net buyers this year.
- The trend is mainly led by finance companies, technology and advice, which consider Bitcoin as a strategic asset.
Some companies are massively accumulating bitcoin
Companies have therefore become the largest net buyers of BTC This year, even exceeding the funds negotiated on the stock market (ETF) and especially private investors. According to a recent study by River, companies have thus accumulated 157,000 BTCor about $ 16 billion at current prices.
Companies like Stratum by Michael Saylor, who alone represents 77 % of this growth, are at the forefront of this trend. But it is not only large companies that buy Bitcoin, because the River teams have also found that companies from different sectors had started to buy them, stressing its growing attraction as a strategic intake.
Finance and technology companies at the top of buyers
The sectoral distribution of Bitcoin purchases shows that the companies finance and investment are the most active, representing 35.7 % of purchases. They are followed by technological companies (16.8 %) and consulting companies (16.5 %). Other sectors such as real estate, health and energy are also starting to invest in the first market crypto.
This growing adoption by companies could have a significant impact on the supply and demand for Bitcoin, because with daily production limited to 450 BTC by minors, increased demand for companies could exert upward pressure on prices.
The CEO of cryptocurrency, Ki Young Ju, noted that Strategy accumulates BTC at a faster rate than the total production of minors, which could lead to an annual deflation rate of -2.3 % for bitcoin.
With giants like that and others to become like Metaplanet which also increases its reservations, it is clear that Bitcoin is increasingly perceived as a strategic asset by companies around the world. And even if regularly boards of directors of major international companies say no, how long Will they resist the popular pressure of their shareholders?