BitGo CEO says single-digit percentages of bitcoin’s supply are ‘probably right’ for large holders amid Strategy’s sale

BitGo CEO Mike Belshe recently commented on the strategic asset allocation of large institutional bitcoin holders following MicroStrategy's decision to sell $216 million worth of its bitcoin holdings. Belshe suggested that maintaining single-digit percentages of total bitcoin supply is a prudent approach for major corporate entities to manage liquidity and risk. This perspective highlights the evolving maturity of institutional treasury management as companies integrate digital assets into their broader financial strategies. By balancing significant bitcoin exposure with periodic divestments, firms like MicroStrategy demonstrate a shift toward treating cryptocurrency as a dynamic component of corporate balance sheets. This development is significant for the RWA market as it signals a transition from pure accumulation to active treasury management of digital assets. Such institutional behavior provides a blueprint for how large-scale entities can navigate market volatility while maintaining long-term exposure to decentralized assets. The commentary underscores the growing necessity for sophisticated custody and liquidity solutions as institutional adoption of bitcoin continues to scale.