<ul data-eligibleForWebStory="true"><li>Fidelity Digital Assets report reveals more bitcoin is entering 'ancient supply' than being mined.</li><li>17% of all bitcoin has remained unmoved for a decade or more, indicating growing scarcity.</li><li>An average of 566 BTC per day now enters the 10-year threshold, surpassing the 450 BTC daily issuance.</li><li>Long-term holders are not cashing out despite rising values, with over 3.4 million BTC in ancient supply.</li><li>Since the 2024 halving, coins entering ancient supply exceed newly mined coins, reflecting long-term holder conviction.</li><li>Fidelity uses the ancient supply HODL rate to track this trend, showing a consistent positive shift since April 2024.</li><li>Projection suggests ancient supply could reach 20% by 2028 and 25% by 2034, potentially reaching 30% by 2035.</li><li>27 public companies hold over 800,000 BTC combined, contributing to the tightening supply and growing institutional presence.</li></ul>

‘Ancient’ Bitcoin Supply Now Outpacing Newly Mined BTC: Fidelity Report

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