Bitcoin (BTC) Sees $23 Billion New Demand: Supply Shock Incoming?

By: bitcoin ethereum news|2025/05/10 14:00:15
0
Share
copy
Bitcoin institutional adoption spikes Supply crunch stuns Bitcoin Amid the ongoing crypto bull run, with Bitcoin surpassing $104,000, the leading cryptocurrency has seen an growing demand among institutional investors, according to an X post from Bitwise CIO Matt Hougan on Friday. Year-to-Date BTC Supply/Demand Update New Supply >> 58,109 BTC New Demand >> Public Companies: 161,203 BTC >> ETFs: 52,077 BTC >> Governments: 14,006 BTC — Matt Hougan (@Matt_Hougan) May 9, 2025 Bitcoin institutional adoption spikes Matt Hougan shared surprising data, showing that the Bitcoin YTD demand among public companies, ETFs and governments has surpassed the 58,109 BTC new supply by over three times. TWEET: https://x.com/Matt_Hougan/status/1920854621414977556 Per the post, a total of 227286 BTC is in demand from major buyers. With Bitcoin trading at $103,083 as of press time, according to the latest CoinMarketCap data, Bitcoin’s demand has surged past $23 billion as of May 9. While this signals increasing bullish momentum for Bitcoin, the growing demand is led by public corporations with 161,023 BTC. Bitcoin exchange-traded funds and governments also bear 52,077 BTC and 14,006 BTC from the total demand, respectively. This significant demand for Bitcoin among institutions further proves Bitcoin’s efficiency as a strategic asset for large investment purposes. Institutions like Strategy (MSTR), Metaplanet, and MARA Holdings are seen relentlessly doubling down on their Bitcoin stash. While emerging firms are gradually adopting this investment strategy, Bitcoin demand is set for more upsurge, fueling scarcity while driving more surge in the price of Bitcoin. Supply crunch stuns Bitcoin This massive imbalance between Bitcoin’s new demand and supply suggests that the world’s leading cryptocurrency is faced with a supply crunch, indicating that the amount of Bitcoin available for purchase is limited. Apparently, this signals increased confidence among investors, positioning Bitcoin for further bullish outlook. You Might Also Like While the scarcity of Bitcoin is one of its most vaunted features, where demand far exceeds the available supply, all indications point at an incoming supply shock. Historically, Bitcoin’s supply shock often drives a significant surge in its price. While the market is already facing a rapid price uptrend, the Bitcoin supply shock suggests a sustainable bull run for Bitcoin, possibly pushing the asset to reach a new all-time high. Although investors are always on the watch for a Bitcoin supply crunch for bullish reasons, it is also important to take caution in possible cases of a rapid shift in institutional sentiments. Source: https://u.today/bitcoin-btc-sees-23-billion-demand-supply-shock-incoming

-- Price

--

You may also like

Morning News | SK Hynix officially launches the marketing promotion process for its U.S. stock listing; the Central Cyberspace Administration announces the results of the first phase of rectifying AI application chaos, with over 14,000 non-compliant pr...

July 6 Market Important Events Overview

Can Open USD support Stripe's ambitions?

Stripe collaborates with multiple parties to launch OUSD, not only challenging the dominance of USDC but also exposing its trillion-dollar ambition to transition from a "payment interface" to a "next-generation funds settlement network."

Blockchain Capital Partner: AI is rewriting the fundamental unit of labor

The rise of AI is rewriting the basic unit of labor from "positions" and "companies" to "tasks." When programmable labor meets programmable currency, a production line without companies, salary systems, or HR becomes possible for the first time.

The cryptocurrency industry has become a traditional industry

For entrepreneurs and retail investors still in this industry, they should either embrace the current changes or explore the next unpredictable field in cryptocurrency.

Chip frenzy cooling down? Morgan Stanley's Wilson: Funds are shifting towards AI supercomputing giants like Microsoft and Amazon

Morgan Stanley's chief equity strategist Wilson pointed out that the momentum in the semiconductor sector is waning, with the Philadelphia Semiconductor Index having dropped nearly 14% from its peak. Funds are shifting towards AI supercomputing giants like Microsoft, Amazon, and Meta, as well as sec...

Morning Report | Vitalik outlines Ethereum's long-term roadmap, Lean Ethereum will become the third major iteration; SK Hynix seeks to attract more AI investors by listing in the U.S

July 5 Market Important Events Overview

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com