Institutional Bitcoin (BTC) holdings have climbed to an estimated 4.16479 million BTC, underscoring how quickly ‘long-term holders’—from listed companies to ETF issuers and governments—are absorbing a meaningful share of circulating supply. According to data compiled by BitcoinTreasuries as of May 18 (UTC), 345 institutions collectively hold 4,164,790 BTC.
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