Fidelity: Bitcoin supply on exchanges is decreasing due to purchases by listed companies
Fidelity Digital Assets, a cryptocurrency business unit under Fidelity Investment Group, announced on X platform that the supply of Bitcoin on exchanges is decreasing due to purchases by listed companies - a trend that is expected to accelerate in the near future. Here are some trends currently underway: The exchange holds 2.6 million bitcoins, the lowest level since November 2018. Since November 2024, over 425000 bitcoins have been transferred from the exchange. After the US election, listed companies increased their holdings of nearly 350000 bitcoins. From 2025 to present, listed companies are purchasing over 30000 bitcoins per month.