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One platform for global traditional assets
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CandyDrop
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Alpha Points
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Global Bitcoin treasuries have now surpassed 4M $BTC , spread across ETFs, public companies, governments, DeFi protocols, private firms, and custodians.
The milestone highlights accelerating institutional accumulation, yet analysts note Bitcoin still behaves like a risk asset, not fully transitioning into “digital gold” status.
The growing concentration of BTC in long-term treasuries, however, suggests shifting market structure that could strengthen its macro positioning over time.