- During the last two years, a number of public and private companies, exchange-traded products (ETPs), and countries have added bitcoin to their balance sheet.
- During the last nine months of 2022, the number of bitcoin stored in these types of treasuries dropped by 57,481 bitcoin, worth around $1.1 billion using today’s exchange rates.
- Out of the 21 million supply, the BTC held by GBTC represents 3.065% and GBTC’s cache further equates to 44.57% of the 1.44 million BTC in treasuries today.
Close to 60,000 BTC Erased From Bitcoin Treasuries in 9 Months, 4 Entities Hold…
