A wallet associated with Anchorage Digital has received over 10,141 BTC, valued at more than $1.19 billion, in one of the largest single-day institutional Bitcoin movements of the year, based on Arkham data.
Major Bitcoin Transfer to Anchorage Sparks Attention
According to blockchain intelligence reports, the BTC was moved from multiple wallets into a custodial address labeled “Anchorage Digital” across a nine-hour window.
It remains unclear whether the transfer was initiated by Anchorage itself or represents client-held deposits under custody. Either way, the magnitude of the inflow underlines Anchorage’s growing role as a preferred custodian for institutional crypto holdings.
Anchorage is the first federally chartered digital asset bank in the U.S., offering custody, trading, and settlement services to large-scale investors and crypto-forward corporations.
Anchorage Expands Institutional Client Base
Several corporate Bitcoin holders now rely on Anchorage for safekeeping digital assets. Notable among them is KindlyMD, which selected Anchorage as the exclusive custodian after a $763 million crypto-focused merger with Nakamoto Holdings.
Anchorage is also used by MARA, the largest publicly traded Bitcoin mining company, and by logistics giant Reitar.
These firms have adopted Anchorage’s custody services as part of their broader BTC treasury strategies, alongside Coinbase Prime and other institutional-grade platforms.
Volcon Electric Car Maker Buys 3,500 BTC from Gemini
In a separate move, a new address tagged “Volcon Gemini Custody” withdrew 3,500 BTC (~$414 million) from a Gemini hot wallet. This transfer followed Volcon’s $500 million funding round aimed at building a corporate Bitcoin treasury.
This strategic shift highlights a growing trend where publicly traded companies add Bitcoin to their balance sheets to hedge inflation and grow long-term shareholder value.
Over 200 Companies Now Hold Bitcoin Treasuries
More than 200 corporations globally now maintain Bitcoin reserves, holding over $91 billion in combined assets. Strategy leads the space with 628,791 BTC, followed by other active firms like SharpLink Gaming and Bitcoin Standard Treasury Company.
The Anchorage-linked transaction confirms institutional interest in Bitcoin is accelerating at scale.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.