Bitcoin institutional adoption reaches 3,000,000 milestone, valued at $317 billion, boosting market growth

From Investing.com

January 21, 2025 2:00:21 pm:

Institutional adoption of Bitcoin (BTC) is on the rise, with treasuries now holding 3,000,000 BTC valued at $317 billion, representing 14% of total supply. MicroStrategy leads with 461,000 BTC worth $29.3 billion. MARA Holdings and Riot Platforms follow with significant holdings. BlackRock holds 563,134 BTC, and governments collectively own 513,199 BTC.

Bitcoin is gaining popularity among institutions as an investment, with large entities like MicroStrategy playing a key role in market growth. With institutions investing directly, using BTC as collateral, and diversifying their treasuries, the long-term impact on Bitcoin’s adoption and price dynamics could be significant.

Read more at Investing.com: Bitcoin’s Institutional Era Hits Epic 3,000,000 BTC Milestone By U.Today