River reports that companies are acquiring significantly more bitcoin daily than miners are producing, with about 1,755 BTC per day flowing into business-controlled wallets compared to around 450 BTC per day from new miner supply after the 2024 halving. The infographic also shows substantial institutional inflows, with funds and ETFs accounting for about 1,430 BTC/day. Additionally, there are smaller streams going to “other” entities, governments, and lost bitcoin. River emphasizes that these figures are estimates, not an exact census of the blockchain, and that net inflows do not always indicate direct spot buying. The firm suggests that institutions tightening supply could impact bitcoin’s dynamics.

Read more at Yahoo Finance: Businesses Are Absorbing Bitcoin at 4x the Rate It Is Mined, According to River’s Research