Report: In 2024, Institutional Investors collectively purchased 859,000 Bitcoins, equivalent to 8 years of Bitcoin production

BlockBeats News, December 20th, according to the latest report from K33 Research, institutional investors bought a total of 859,454 bitcoins in 2024, accounting for approximately 4.3% of the total circulating supply, equivalent to 8 years of Bitcoin issuance. Among them, spot ETF funds accumulated 561,781 bitcoins, and the total AUM of U.S. ETFs has reached 1.4 million bitcoins, with BlackRock's IBIT holding the most at 542,653 bitcoins, valued at around 54 billion U.S. dollars.

As for publicly traded companies, a total of 297,673 bitcoins were accumulated in 2024, with MicroStrategy acquiring nearly 250,000 bitcoins through an aggressive financing strategy, bringing its total holdings to 439,000 bitcoins. The report pointed out that although about 230,000 bitcoins this year came from bankruptcy liquidation and seized assets (including Mt. Gox and the German government), institutional demand effectively absorbed the selling pressure. Currently, approximately 22% of the circulating supply is available for trading, approaching the levels seen at the peak in 2021.