Crypto treasury buying outpaces Bitcoin supply at 3-to-1

Corporate Bitcoin treasuries expanded by 260,000 BTC in six months, three times the amount mined, with Strategy holding 60% of all corporate holdings.

Corporate digital asset treasuries (DATs) added a net 260,000 Bitcoin to their balance sheets over the past six months, far outpacing the estimated 82,000 coins mined over the same period. 

Over the past six months, Bitcoin (BTC) treasuries held by public and private companies have increased from approximately 854,000 BTC to 1.11 million BTC, on-chain analytics provider Glassnode reported on Tuesday.

This equates to an expansion of around 260,000 BTC, worth roughly $25 billion at current market prices, or 43,000 BTC per month.

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