Fidelity: Bitcoin supply on exchanges is falling due to purchases by public companies
Fidelity Investments' cryptocurrency business unit, Fidelity Digital Assets, stated in a post on X platform that the supply of Bitcoin on exchanges is decreasing due to purchases by listed companies - a trend expected to accelerate in the near future. Here are some trends currently unfolding: Exchanges hold 2.6 million bitcoins, the lowest level since November 2018. Over 425,000 bitcoins have been transferred out of exchanges since November 2024. After the U.S. election, listed companies increased their holdings by nearly 350,000 bitcoins. From 2025 to date, listed companies have been purchasing over 30,000 bitcoins per month.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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