Data: The holdings of Bitcoin "belief buyers" have increased to nearly 4 million coins, a growth of 300% since the end of 2025

According to CoinDesk, Bitfinex cites BitGo data showing that the supply held by Bitcoin "belief buyers" has surged to nearly 4 million BTC, a 300% increase since the end of 2025. At the current price of about $80,000, this "belief" capital is worth approximately $320 billion.

Bitfinex states that the current accumulation trend is the largest two-quarter surge of high-belief buying since the pandemic crash in 2020, with an increasing amount of Bitcoin realizing value no longer circulating on exchanges but instead moving into the hands of entities that trade very little.

Mati Greenspan, founder of Quantum Economics, notes that the exact methodology of the BitGo "belief buyer" metric is not clear, but historically, the combination of tightening liquid supply and demand recovery has created conditions for Bitcoin's most aggressive upward expansions.