Whereas lots of people give attention to MicroStrategy, there are millions of companies placing Bitcoin on the steadiness sheet. We all know as a result of at River we have now over 1000 companies on the platform now, over 70% of which have by no means offered any. To showcase this wave of adoption, we created a brand new report, together with a few of our shopper's aggregated knowledge and different attention-grabbing traits on Bitcoin adoption. Some key insights under: The distribution of how a lot Bitcoin companies maintain is fairly even. https://preview.redd.it/kaji84h8jtmd1.png?width=1300&format=png&auto=webp&s=3960d304fb0beafdf8f9d804b6728e8e0209a4ba Companies signify a big and rising section of Bitcoin customers, accounting for 3.3% of Bitcoin’s complete provide, or 683,332 BTC as of August 18, 2024. This quantity has grown by 587% since June thirtieth, 2020, and by 30% prior to now twelve months. https://preview.redd.it/n2we5iyditmd1.png?width=1407&format=png&auto=webp&s=c5d806512c794ae4376af55b636502dd7b926ee6 We estimate that enterprise bitcoin holdings will develop at a fee of between 204 and 519 BTC per day till the 12 months 2026, equal to a variety of $12.2 million and $31.1 million per day at a $60,000 bitcoin value. When you're curious in regards to the full methodology for this estimate, try the total report. https://preview.redd.it/swooe6jjitmd1.png?width=1407&format=png&auto=webp&s=7874d115f70746f2184040c728f2579013dfc792 A number of the different issues we cowl within the report are: Hopefully that is attention-grabbing to you all, the total report took a whole lot of work from our group and is freely accessible to anybody, like our earlier analysis on the Lightning Community, mining, and extra. submitted by /u/SamWouters |