Report: Institutions purchased 859,000 Bitcoins in 2024, equivalent to eight years of BTC issuance
According to a report by K33 Research, institutional participants purchased 859,454 Bitcoins (BTC) in 2024, equivalent to eight years of BTC issuance and accounting for 4.3% of its total circulating supply. Most of these were purchased by Exchange Traded Funds (ETFs) and listed companies such as MicroStrategy.
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