Around 42% of Bitcoin’s current circulating supply, or 8.3 million Bitcoin (BTC), could be “illiquid” by 2032 at the current rate of Bitcoin treasury firm buying, according to asset management firm Fidelity.
In a report data-ct-non-breakable=”null” href=”https://fidelitydigitalassets.com/research-and-insights/bitcoins-illiquid-supply-new-era-investors” rel=”noopener nofollow” target=”_blank” title=”null”>published on Monday, Fidelity identified two groups whose supply could be considered illiquid, with the criteria being that their Bitcoin supply has ticked up each quarter or at least 90% of the time for the last four years.
Based on this, it found two cohorts: Long-term Bitcoin holders and publicly-traded companies with at…

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