Global Bitcoin Ownership

[Smartvirus]

Bitcoin will always be volatile, but the volatility will only be reduced. We like or we do not like, this is what will happen as bitcoin is getting more mature and it has been what is happening since when bitcoin was created, there has always been reducing volatility. To get 10x right now can be up to or more than 10 years, but we are still going there.

That’s actually a good thing as, a lot of lads do see volatility to be a problem, given how swift Bitcoin can pump and how swift it could also dump. With an increase in its overall value and popularity and the amount of Bitcoin that has being mined and actively circulation, it’s only normal for volatility to drop and we are going to see it drop even more in the coming years. It makes ownership a lot more possible and reassuring for faint hands.

[KingsDen]

Quoting to get the image in my profile, although I reduced the size to help load time.

According to data provided by Alexes Nakamoto as of this month's 3rd, the image below ^{(that's if the information in the image is correct though)} depicts the total amount of Bitcoin held worldwide by institutions, CEX, individuals, lost BTC, etc.

Source

It is interesting to know that Strategy owns bitcoin more than BlackRock. I am simply not aware.

Meanwhile, what is the validity of the information above. How are these figures gotten, especially not related to ETF and public companies.
So, China still holds BTC. Interesting.

My question now is, do will we still need to be afraid that 51% of BTC could end up in the custody of MicroStrategy/other ETF organizations since Strategy is raising billions of dollars through their STRC dividend offer to investors to buy more Bitcoin almost every 2 months (funny enough, some Bitcoiners are celebrating their accumulation)?

Does it mean that if strategy owns upto 51% of bitcoin supply, they can attack the network? Please, this is not true. 51% attack is no longer feasible, we are talking about quantum computer attack now.

[Marvelockg]

My question now is, do will we still need to be afraid that 51% of BTC could end up in the custody of MicroStrategy/other ETF organizations since Strategy is raising billions of dollars through their STRC dividend offer to investors to buy more Bitcoin almost every 2 months (funny enough, some Bitcoiners are celebrating their accumulation)?

Strategy and other investors still occupying the larger ration of holders tells of the power of individual investors and speaks to the fact that it's totally a false narrative when people think that bitcoin will go down to zero. These are core systems that are already in place that will prevent that from ever happening.

Strategy might be an institution but that's what being an intentional investor entails. Bitcoin is open for an interested investor and whoever is strong enough to key in really big stands to enjoy staying invested in bitcoin real good.

[BitBrainers]

If there is more demand for free Bitcoins than for ETF-held Bitcoins, then there will be significant outflows because you would be able to make more profit with self-custodied Bitcoins.

This is the self-correcting mechanism nobody talks about. The market itself puts a ceiling on custodial concentration. When too much supply gets locked in ETFs, the premium on freely circulating Bitcoin rises, ETF investors notice the gap, they exit to chase the better return, and the concentration reverses. Bitcoin does not need regulators to solve this. The incentive structure solves it automatically.

[CryptoYar]

[...]

Possibility of Bitcoin dropping to zero is more of fairytale daily. When MicroStrategy and other large institutions are spending billions on it, they are not gambling. They have their research and consider Bitcoin long term reserve. These big holders form reliable price bottom, as they are not interested in quick get rich schemes, but in way to hedge against crumbling fiat system. These strong hands continue to strengthen network going forward while they are still part of game.

I think that arrival of these large institutions has affected everybody game. It is no longer just pastime for tech enthusiasts, it is financial approach. I think institutions could be too much for some but it is necessary to have some level of stability for market. Yes, door is open to all, but those who realize importance of being intentional, like these large companies, will really benefit in next decade. Too many big dogs have vested interest in Bitcoin success to allow it to fail.

[X-ray]

It is interesting to know that Strategy owns bitcoin more than BlackRock. I am simply not aware.

Their entire premise of the company growing to multi billion valuation from a software company that's on the brink of bankruptcy is literally by holding bitcoin, they keep looping their capital over and over again until their asset become so many and almost 100% of them are Bitcoin.

The crazy thing is the ETF is catching up. I guess the ETF was really selling like a hotcake.

[DiMarxist]

According to data provided by Alexes Nakamoto as of this month's 3rd, the image below ^{(that's if the information in the image is correct though)} depicts the total amount of Bitcoin held worldwide by institutions, CEX, individuals, lost BTC, etc.

Source

This indicates that self-custody is still winning despite the number of people investing in STRC and others because of the dividends they will receive.
Many Bitcoiners may be unaware that President Donald Trump's enthusiasm for Bitcoin is not coincidental; rather, it stems from his family's experience of being debanked and antagonized by the traditional banking system when he began his presidential campaign.
This debanking caused him to shift to pro-crypto motivate in 2024. After winning the election, President Donald Trump backed Bitcoin because he realized the true value of assets that were not under state control due to lawsuits and frozen assets he experience suring his campaign,  which is why he supported BTC after he won the election.
This shows that if BTC is not outside the regulatory design, it will be just another regular asset, and I hope what I said here is enough to change the mindset of some Bitcoiners who participate in the STRC and other ETF investments or use a custodial platform as storage, know one of the dangers they will experience in the future.

My question now is, do will we still need to be afraid that 51% of BTC could end up in the custody of MicroStrategy/other ETF organizations since Strategy is raising billions of dollars through their STRC dividend offer to investors to buy more Bitcoin almost every 2 months (funny enough, some Bitcoiners are celebrating their accumulation)?

Waoo going by the pictures about seeing here the amount of Bitcoin left to be mined is gradually going coming to an end, because it's less than 5% remaining. From what am seeing we may be gradually seeing an end to mining and when that eventually happens there is going to be an hike in the price of Bitcoin. This is because Bitcoin will become more scarce and important because the value will rise because Bitcoin will not become scarce in terms of circulations.