365Crypto
Bitcoin is disappearing from exchanges faster than you can say “HODL.”
Fidelity says public companies are buying it all up. According to their April report, only 2.6 million BTC are still sitting on crypto exchanges. That’s the lowest level since late 2018.
More than 425,000 coins have left exchanges since November. Fidelity says most of them were snapped up by public companies.
In fact, nearly 350,000 BTC were scooped up by these firms. That’s not a small bag.
Who’s Doing All the Buying?
The main player is Strategy — Michael Saylor’s company.
Since November, Strategy has added 285,980 BTC to its balance sheet. That’s over 80% of the public company purchases.
They even dropped $6,556 BTC just last week.
What About Outside the US?
Asia is catching on too.
Japan’s Metaplanet has stacked 5,000 BTC already. Its CEO says he wants to double that soon.
Hong Kong’s HK Asia Holdings plans to raise $8.35 million to buy more Bitcoin.
This isn’t just hype. It’s treasury strategy — and it’s clearing out exchanges.
