Strategy, Metaplanet accelerates Coin Hoarding, institutions have mastered 12.3% of Bitcoin supply

The supply of Bitcoin is rapidly shifting from retail investors to institutions. According to the latest data from Bitcoin analysis platform Ecoinometrics, institutional funds, funds, and listed companies now control 12.3% of the total Bitcoin supply, and this proportion has surged by 5% in the past 12 months. This force is reshaping the market structure and driving the price of Bitcoin to rise over 80% within a year.

Institutional holdings hit a new historical high

(Source: Ecoinometrics)

ETFs, sovereign funds, and corporate finance departments now collectively hold over 1 million BTC, worth billions of dollars.

Strategy: Holding more than 638,400 BTC, accounting for over 3% of the circulating supply.

Metaplanet (Japan): Holding over 20,000 BTC, it has quickly risen to the forefront of global corporate Bitcoin asset management.

These companies maximize their exposure to Bitcoin as a reserve asset through aggressive accumulation strategies, issuing shares to raise funds for purchasing coins, and innovative balance sheet management.

Wall Street fully intervenes

JPMorgan will accept Bitcoin ETF stocks as loan collateral starting in June 2025 and will partner with Coinbase to allow credit card holders to directly purchase cryptocurrency.

This deep integration of borrowing, wealth management, and direct purchasing means that Bitcoin is accelerating its integration into the traditional financial system, further deepening market liquidity.

Bitcoin supply shifts from retail investors to institutions

On-chain data shows that in the past two years, the distribution of Bitcoin addresses and the outflow from exchanges have undergone significant changes—large institutions are consolidating their shares of the limited supply.

Strategy founder Michael Saylor once warned:

"The digital gold rush will end on January 7, 2035. Hurry up and buy before Bitcoin runs out."

As institutional adoption accelerates, market liquidity is further tightening, and scarcity will push prices higher with each wave of capital influx.

Potential Impact and Future Outlook

Increasing Scarcity: A 12.3% concentration of holdings means that the available Bitcoin in the circulating market is reduced, and volatility may increase due to insufficient liquidity.

Price support: Institutional long-term holding strategies help stabilize the market and amplify the pump during a bull market.

Market narrative shift: Bitcoin is gradually transitioning from a "decentralized retail investor asset" to an "institution-led global reserve asset."

Conclusion

The aggressive coin accumulation strategies of institutions like Strategy and Metaplanet are working in concert with the financial integration of Wall Street giants such as JPMorgan, driving Bitcoin into a new market landscape. As retail investor chips continue to flow into institutional wallets, the scarcity of Bitcoin and its price upward potential may reach unprecedented heights in the coming years.