Institutional Bitcoin Holdings Soared 924% in a Decade: Gemini and Glassnode Report

  • A new joint report by Gemini and Glassnode reveals a dramatic shift in Bitcoin ownership, highlighting the cryptocurrency's growing maturity and institutional adoption. According to the report, centralized treasuries—including governments, ETFs, public companies, and centralized exchanges—now hold nearly 31% of all circulating Bitcoin, totaling over 6.1 million BTC worth approximately $668 billion.