机构现在持有所有比特币的31％

双子座和玻璃节的联合报告显示，超过610万美元的BTC的集中实体价值668B $。通过数字：

A new joint report by Gemini and Glassnode has shed light on the dramatic shift in Bitcoin ownership, highlighting the cryptocurrency's growing maturity and institutional adoption.

Gemini和GlassNode的一份新的联合报告揭示了比特币所有权的急剧转变，突出了加密货币的成熟度和机构采用的日益增长。

According to the report, centralized treasuries, including those of governments, ETFs, public firms, and centralized exchanges, now control nearly 31% of all circulating Bitcoin, amounting to over 6.1 million BTC, which is valued at approximately $668 billion.

根据该报告，包括政府，ETF，上市公司和集中式交易所在内的集中式国债，现在控制着所有流通比特币的31％，总计超过610万BTC，价值约为6680亿美元。

Breaking Down Bitcoin Treasuries

分解比特币国库

Governments around the world collectively hold 529,705 BTC, valued at over $57 billion. The United States leads with 207,189 BTC, followed by China with 194,000 BTC and the United Kingdom with 61,000 BTC.

全球各国政府共同拥有529,705 BTC，价值超过570亿美元。美国以207,189 BTC领先，其次是中国的194,000 BTC和英国，有61,000 BTC。

However, it's worth noting that these holdings have not come from open market purchases. Instead, they've mostly been acquired through seizures and enforcement actions.

但是，值得注意的是，这些持股并非来自公开市场的购买。相反，它们主要是通过癫痫发作和执法行动获得的。

On the other hand, Bitcoin ETFs are rapidly growing as dominant holders, now controlling 1,390,267 BTC, which equates to about $150 billion. The largest holder is BlackRock's iShares Bitcoin Trust, which owns 665,638.1 BTC. Fidelity's Wise Origin Bitcoin Fund and Grayscale Bitcoin Trust follow with 198,685.8 BTC and 185,203.6 BTC, respectively.

另一方面，比特币ETF作为主要持有人的迅速增长，现在控制了1,390,267 BTC，相当于约1500亿美元。最大的持有人是BlackRock的Ishares Bitcoin Trust，该信托拥有665,638.1 BTC。 Fidelity的明智起源比特币基金和灰比特币信托基金分别以198,685.8 BTC和185,203.6 BTC遵循。

These numbers highlight the increasing institutional confidence in Bitcoin as a long-term financial asset.

这些数字凸显了对比特币作为长期金融资产的机构信心的日益增加。

Public companies have also become aggressive buyers, amassing a collective holding of 763,479 BTC, valued at $82.38 billion. Among them, MicroStrategy continues to lead with a staggering 582,000 BTC in reserves. Other key players include Marathon Digital Holdings with 49,179 BTC and Riot Platforms with 19,225 BTC.

上市公司也已成为积极的买家，积累了763,479 BTC的集体持有，价值823.8亿美元。其中，MicroStrategy继续以惊人的582,000 BTC的储备领先。其他主要参与者包括马拉松数字持有量，拥有49,179 BTC和Riot Platform，其平台为19,225 BTC。

This signals Bitcoin's growing role as a strategic asset for corporations seeking to protect against inflation and economic uncertainty.

这表明比特币作为寻求防止通货膨胀和经济不确定性的公司的战略资产的日益增长的作用。

The report also confirms that centralized exchanges make up a significant portion of the 6.1 million BTC controlled by centralized entities. Currently, BTC exchange reserves stand at 2.5 million BTC.

该报告还确认，集中式交易所占了由集中实体控制的610万BTC中的重要部分。目前，BTC Exchange Reserves为250万BTC。

While analysts believe that much of this Bitcoin belongs to retail users and not the exchanges themselves, the inclusion of exchanges highlights the role of custodial platforms in Bitcoin's ecosystem.

尽管分析师认为，大部分比特币属于零售用户，而不是交换本身，但交换的包含凸显了保管平台在比特币生态系统中的作用。

In contrast to public firms, private companies collectively hold 457,870 BTC, valued at around $49.4 billion, with a more distributed ownership.

与上市公司相反，私营公司共同持有457,870 BTC，价值约494亿美元，拥有更分布的所有权。

Block.one holds 140,000 BTC, and Tether Holdings owns 100,521 BTC. Other notable holders include Xapo Bank with 38,931 BTC and Twenty One Capital with 37,229.7 BTC.

Block.One拥有140,000 BTC，Tether Holdings拥有100,521 BTC。其他值得注意的持有人包括Xapo银行，其38,931 BTC和21个资本，37,229.7 BTC。

Bitcoin Price Surges Alongside Institutional Holdings

比特币的价格与机构持有一起飙升

The report reveals that institutional Bitcoin holdings have surged 924% over the past decade. During the same period, Bitcoin's price jumped from under $1,000 to over $100,000. In just the past year, the price has climbed 60.2%, showing increased stability and mainstream acceptance.

该报告显示，在过去的十年中，机构比特币持有量飙升了924％。在同一时期，比特币的价格从$ 1,000以下跃升至100,000美元以上。在过去的一年中，价格上涨了60.2％，显示出稳定和主流接受的增加。

This price performance is closely tied to growing institutional interest, which has created a stronger foundation for Bitcoin as an asset class.

这种价格绩效与日益增长的机构利益紧密相关，这为比特币作为资产类别创造了更强大的基础。

suggest that despite evolving legal and regulatory frameworks, institutions are actively participating in the crypto ecosystem, presenting both opportunities and challenges for the industry's further development.

建议尽管不断发展法律和监管框架，但机构仍在积极参与加密生态系统，为该行业进一步发展带来了机遇和挑战。