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Fidelity: Public Company Purchases Lead to Lowest Exchange Bitcoin Supply Since November 2018

Fidelity: Public Company Purchases Lead to Lowest Exchange Bitcoin Supply Since November 2018

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ForesightNewsForesightNews2025/04/24 21:46

According to Foresight News, Fidelity states, "The supply of Bitcoin on exchanges is decreasing due to purchases by public companies. This trend is expected to accelerate soon. The amount of BTC on exchanges is 2.6 million, the lowest since November 2018. Since November 2024, over 425,000 Bitcoins have been transferred from exchanges. After the U.S. election, public companies increased their holdings by nearly 350,000 Bitcoins. Until 2025, public companies are purchasing over 30,000 Bitcoins per month."

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