Key Insights

• River’s infographic suggests that companies (including treasuries and conventional businesses) are absorbing about 1,755 BTC/day.
• The estimated output from mining activities is approximately 450 BTC/day, indicating that businesses are acquiring nearly four times the amount mined.
• Additionally, funds and ETFs are adding an estimated 1,430 BTC/day, contributing to higher institutional demand.

Overview

River has reported that firms are acquiring significantly more Bitcoin than what is being produced by miners daily.

The U.S.-based Bitcoin firm, which operates a brokerage, mining operations, and research, shared a flow infographic on X dated Aug. 25. This flow diagram visually illustrates the daily net movement of Bitcoin with an emphasis on both inflows and outflows.

Flow Infographic

River defines “businesses” broadly, encompassing Bitcoin treasury companies and traditional corporations that maintain Bitcoin on their balance sheets. The firm estimates that daily flows into business wallets average 1,755 BTC.

In contrast, the fresh supply from mining is pegged around 450 BTC/day for 2025, taking into account the anticipated halving event that adjusts miner incentives.

Insights

River’s analysis indicates a substantial contrast between inflows to institutional wallets and miner outputs. This balance hints that an ongoing absorption of Bitcoin by businesses and funds could potentially tighten market supply and influence Bitcoin price dynamics.

In conclusion, River’s findings present a compelling narrative about the evolving ownership landscape of Bitcoin, where institutional interests seem poised to dictate future market trends.