River Companies say taking more bitcoin each day than created by miners.
The US Bitcoin Financial Services Firm, which operates broker and mining operations and publishes research, released a SANKEY-style flow infographic dated August 25 at A Post on x. In this layout, the flowers are shown on the left, the flows to the right, and the thickness of each line represents the size of the net -day -day movement.
The river is widely defined the “businesses”. The category combines Bitcoin treasury companies – companies like the approach that publicly holds the BTC – with conventional companies that keep Bitcoin on their balance sheets. Based on public filing, the custodial address tagging and its own heuristic, the river estimates approximately 1,755 BTC per day flowing into business-controlled wallets.
By comparison, the River calculated the new supply of miner at about 450 BTC per day in 2025. That figure reflects the stop of April 2024, cutting the block subsidy to 3.125 BTC per block.
In Bitcoin blocks that average one every 10 minutes -about 144 per day -the result is approximately 450 BTC on the new release -day, although the exact number changes slightly as the block times change.
That math is the basis for River’s claim that companies are absorbing Bitcoin almost four times this rate is mined.
The infographic shows other large institutional flows as well.
Funds and ETFs provide about 1,430 BTC/day on net inflows, which further enhances total absorption compared to the new release. The smaller streams go to “other” creatures (about 411 BTC/day) and governments (About 39 BTC/day).
The river also recorded a small but steady flow to “lost bitcoin” (about 14 BTC/day)representing coins judged by the firm that is permanently inaccessible, as by the main loss.
On the other side of the ledger, individuals appear as the largest net outflow at about –3,196 BTC/day. The river emphasizes that this does not mean that retail investors throw coins. Instead, it reflects the transition of Bitcoin from firm’s addresses that are classified as individuals held in these tags as institutional.
River said takeaway is simple: when the businesses and funds exceed new releases from miners, available strict supplies. However, the stable caution that the infographic should be read carefully.
First, the numbers are estimates, not an exact blockchain census.
The river relies on a mixture of purse, public disclosure and external databases, which may miss some handling or misbehavior in some addresses. Second, net inflows do not always have a direct purchase of the area. A business wallet that shows +1,755 BTC per day can reflect OTC transactions, treasury custodial or reshuffling transfer, not just exchange purchases.
For readers who are unfamiliar with the flow diagrams, the point is this: the lines show where the coins end in balance, not all trade or system transfer. If more coins continue to end in business, funding and government purses than miners who do, the River argues that institutions are tight supply to the margin.
The River snapshot is not a price forecast, but it describes how the patterns can move -owned. If businesses and funds continue to absorb more than miners manufacturers, the firm argues, institutions can play a bigger role in shaping Bitcoin’s dynamic supplies.
