Key Takeaways
- Bitcoin reserves on exchanges drop to 2.6 million BTC, lowest since November 2018.
- Publicly traded companies acquire 350,000 BTC since November 2025, led by Strategy (285,980 BTC).
- Asian firms like Japan’s Metaplanet (5,000 BTC) and Hong Kong’s HK Asia Holdings join the trend.
- Reduced exchange supply signals long-term holding sentiment and potential price upside.
Bitcoin Supply on Exchanges Plummets
Recent data from Fidelity Digital Assets reveals that Bitcoin’s available supply on exchanges has dwindled to 2.6 million BTC — a six-year low. Over 425,000 BTC have been withdrawn since November 2025, reflecting a shift toward cold storage and institutional custody solutions. This trend suggests:
- Lower selling pressure: Fewer coins available for immediate trading.
- Bullish sentiment: Investors prioritize holding over short-term liquidation.
👉 Why institutional accumulation could drive Bitcoin’s next rally
Public Companies Dominate Bitcoin Accumulation
Publicly traded firms are spearheading Bitcoin adoption as a treasury asset:
| Company | BTC Holdings | % of Corporate Acquisitions |
|-------------------|------------------|----------------------------------|
| Strategy | 285,980 BTC | 81% |
| Metaplanet (Japan)| 5,000 BTC | 1.4% |
| HK Asia Holdings | Undisclosed | Capital raise: $8.35M |
Key Drivers:
- Strategy’s aggressive buys: Added 6,556 BTC in April 2025 alone.
- Michael Saylor’s influence: The CEO advocates Bitcoin as a hedge against inflation.
Global Expansion: Asia Embraces Bitcoin Treasuries
Beyond U.S. markets, Asian corporations are integrating Bitcoin into balance sheets:
- Japan’s Metaplanet: Plans to double holdings to 10,000 BTC by 2025.
- Hong Kong’s HK Asia Holdings: Securing $8.35 million to boost reserves.
- Regulatory tailwinds: Favorable policies in Japan and Hong Kong encourage adoption.
Implication: Bitcoin’s role as a global reserve asset gains credibility.
👉 How Bitcoin compares to traditional treasury assets
FAQs
1. Why is declining exchange supply bullish?
Fewer coins available for trading reduces sell-side pressure, potentially driving prices higher as demand outstrips supply.
2. Which company holds the most Bitcoin?
Strategy leads with 285,980 BTC, accounting for 81% of recent corporate acquisitions.
3. Are Asian companies buying Bitcoin?
Yes. Japan’s Metaplanet holds 5,000 BTC, while Hong Kong firms are raising capital to purchase more.
4. What’s driving institutional adoption?
Bitcoin’s fixed supply and inflation-resistant properties make it attractive versus fiat currencies.
5. Could this trend reverse?
Unlikely. Institutions typically hold long-term, but macroeconomic shifts could influence strategies.
Conclusion
The convergence of declining exchange supply, corporate accumulation, and global adoption underscores Bitcoin’s maturation as a store of value. As public companies and Asian firms expand reserves, the market may face increased scarcity — a catalyst for future price appreciation.
Stay informed. Think long-term.