Part 7/12:
Public companies such as MicroStrategy hold the largest individual corporate stash, with over 14,400 BTC. Meanwhile, government holdings, including the US and Chinese governments, own significant Bitcoin reserves—though governments are also known for confiscation and redistributions.
The Impact of Large Transactions and Supply Dynamics
A noteworthy transaction involved moving over 680 Bitcoin (roughly $43 million) in a single transfer—an indication of existing large-scale stacking, possibly by sovereign players or major institutions. Such transactions highlight the liquidity and depth of Bitcoin markets, enabling multi-million-dollar transfers for minimal fees.