Businesses Buy 1,755 BTC Daily – Corporate Reserves Hit 1.3M BTC, $125K Next?
Businesses Buy 1,755 BTC Daily – Corporate Reserves Hit 1.3M BTC, $125K Next?
Institutional adoption of Bitcoin has accelerated at record speed. According to River’s latest study, businesses are now purchasing 1,755 BTC every single day (~$195.2M), fueling $1.3 trillion in added market capitalization since January 2024.
🔑 Key Highlights:
Corporate Reserves: 510K BTC → 1.3M BTC in 20 months.
Public Firms: Expanded from 39 → 158 companies holding BTC.
Allocation: Average 22% of net income directed into BTC (median 10%).
Supply: Businesses now control 6% of circulating BTC.
Strategy: 63.6% of firms treat BTC as a permanent investment vehicle.
📊 Corporate Bitcoin Leaders:
MicroStrategy (now Strategy) pioneered the treasury model in 2020.
Strategy’s BTC portfolio now exceeds $70B, inspiring over 50 similar firms.
Adoption spread beyond crypto firms → real estate, software, healthcare, logistics, consumer goods, and media companies.
Market Outlook:
BTC trades in the $107K–$113K range, but analysts see $114K as the key breakout → opening path toward $120K and then $125K–$150K by Q4.
Volatility now matches gold levels, removing a past barrier for institutions.
Sovereign nations + U.S. Strategic Bitcoin Reserve add further demand.
⚡ Takeaway:
With corporate treasuries doubling down and macro headwinds easing, Bitcoin’s path to $125K looks increasingly realistic — and possibly just the beginning.