Sovereign Bitcoin adoption
76/100 · tailwind6 states hold ~630,006 BTC as reserves; 2 more have announced or proposed legislation. Sovereign demand is structural and policy-led, so it tends to precede flows.
Strength, direction, rationale, and sources — the same data the CoinBucha MCP serves via scan_signals. Updated 2026-07-24.
6 states hold ~630,006 BTC as reserves; 2 more have announced or proposed legislation. Sovereign demand is structural and policy-led, so it tends to precede flows.
Tracked Bitcoin/crypto-infra firms have 353 open roles, +8 vs 30 days ago (+2.3%). Teams staff up before they ship and grow; rising hiring may be an early demand tell (predictive value not yet backtested).
179 public companies hold ~1,285,045 BTC (top: Strategy, 843,775 BTC). Corporate treasury accumulation is structural institutional demand; the trend strengthens as history accrues. Strategy (MSTR) trades at an observable ~0.594x mNAV — its equity value vs the value of its 843,775 BTC (quote 2026-07-23); reported as a number only, not a valuation judgement.
Network hashrate is ~834.5 EH/s, -22.3% over 30 days. Rising hashrate reflects growing miner commitment and network security; sustained trends can precede price (not yet backtested).