According to Bitwise Asset Management, individual holders control the majority of Bitcoin's total supply, with 69.4% of the circulating supply belonging to private investors. This concentration of ownership presents challenges for large institutions and governments looking to acquire Bitcoin. Companies and governments will primarily need to purchase Bitcoin from individuals willing to sell, creating an interesting market dynamic. OTC markets are running low on Bitcoin, with just 140,000 BTC remaining. This could impact institutions' ability to source Bitcoin from these markets and may force them to buy directly from exchanges, potentially driving up the price. As Bitcoin adoption accelerates, institutions like MicroStrategy and BlackRock are adding pressure to the supply. Overall, the supply shortage threat looms as Bitcoin adoption continues to grow rapidly.



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