Businesses Absorb Bitcoin at Four Times the Mining Rate, River Reports

River reports that companies are acquiring significantly more bitcoin daily than miners produce. Key points include:

• Businesses absorb approximately 1,755 BTC daily.
• New miner supply stands at about 450 BTC per day due to the April 2024 halving.
• Institutional inflows comprise around 1,430 BTC/day from funds and ETFs.
• Other entities receive about 411 BTC/day, and governments about 39 BTC/day.
• Individuals account for a net outflow of approximately -3,196 BTC/day, indicating a shift from personal to institutional wallets.
• River emphasizes that inflows exceeding new issuance can tighten available supply.

Estimates are based on wallet tagging and public filings; they do not represent exact blockchain census data. The infographic highlights ownership trends rather than price forecasts, suggesting institutions may increasingly influence bitcoin supply dynamics.