According to Glassnode’s data, the total amount of Bitcoin owned by public and private companies’ treasuries has risen from 854,000 BTC to roughly 1.11 million BTC in the last 6 months.
This marks a net addition of approximately 260,000 BTC, translating into nearly 43,000 BTC each month.
At the current market price, this is roughly worth $25 billion, which highlights the growth in the amount of Bitcoin being actually held by corporate balance sheets.
Glassnode sees this as an indicator of the lasting institutional trust instead of a short-term speculative game.