Forget price action

These are the only numbers I focus on. Adoption is all you need to keep an eye on. The rest is noise. Number will go up as demand increases and Bitcoin is uniquely set up for this based on its shrinking issuance and capped supply.

The first shows adoption counts by institutions, corporates, and nations and states. The second shows the estimated BTC held. Both tables exclude treasury companies like Strategy in the corporate figures, so the numbers would be even higher if the treasury companies had been included.