It’s only May, and public corporations have already bought 3.3 times more Bitcoin than has been supplied in 2025, according to a new graphic from asset manager Bitwise. To put that into perspective, the new supply for the year is around 60,000 BTC, and companies have already surpassed 196,000 BTC in purchases.

*** NOTE: In 2025, public corporations already bought

*checks notes*

3.3 x times the amount of new supply in 2025.

Already exceeds the est. annual supply of 164,250 BTC. pic.twitter.com/raEcbAgtFM

— André Dragosch, PhD⚡ (@Andre_Dragosch) May 13, 2025

A year ago, there were only a few companies, notably Strategy and Metaplanet, holding Bitcoin on their balance sheets. Now…

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