Data: Institutional holdings increased by 166,000 BTC in July, bringing total holdings to $42.8 billion.
according to TheBlock, institutional investors accumulated 166,000 bitcoins in July, with a total holding of 3.64 million bitcoins (worth $42.8 billion). Among them, listed companies contributed about 107,000 bitcoins to the increase, with MicroStrategy leading with an additional 31,400 bitcoins, increasing its total holding to 628,700 bitcoins. A survey showed that nearly half of institutional investors expect 10% of S&P 500 companies to allocate bitcoin assets. In addition to bitcoin, institutional holdings of other cryptocurrencies such as Ethereum and Solana are also growing, with Ethereum reserves exceeding $10 billion and Solana-related holdings reaching $554 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Witness the Dynamic Shifts in Bitcoin and Altcoin ETFs
In Brief Bitcoin and altcoin ETFs witness dynamic shifts in inflows and outflows. XRP and Solana ETFs attract notable investor attention and activity. Institutions explore diversified crypto ETFs for strategic risk management.

Peter Schiff Clashes With President Trump as Economic and Crypto Debates Intensify

Bitcoin Cash Jumps 40% and Establishes Itself as the Best-Performing L1 Blockchain of the Year

Bitcoin Price Plummets: Key Reasons Behind the Sudden Drop Below $88,000
