The crypto division under Fidelity Investments, Fidelity Digital Assets, stated on Platform X that the supply of Bitcoin on exchanges is declining due to purchases by listed companies—this trend is expected to accelerate in the near future. Here are some of the ongoing trends:

  • Exchanges hold 2.6 million bitcoins, the lowest level since November 2018.
  • Since November 2024, more than 425,000 bitcoins have been transferred out of exchanges.
  • After the U.S. election, listed companies have increased their holdings by nearly 350,000 bitcoins.
  • Since 2025, listed companies have been purchasing over 30,000 bitcoins per month.