Cryptocurrency exchange Bitget has significantly bolstered its Bitcoin holdings, more than doubling its reserves over the past year from approximately 11,127 BTC in January 2025 to 21,889 BTC by January 2026. This steady accumulation strategy persisted despite intense market volatility, including a sharp price drop that saw Bitcoin touch $75,000 on January 31, 2026, triggering over $1.59 billion in leveraged position liquidations.
CEO Gracy Chen emphasized the exchange's long-term, "marathon-spirit" approach, contrasting it with platforms that rebalance during market stress. She highlighted that Bitget's reserves peaked at 23,276 BTC in December 2025 and have shown an almost exclusively upward trend. Chen also underscored the importance of the exchange's Proof of Reserves (PoR) framework and its $570 million Protection Fund as core components of its risk management and commitment to transparency and solvency.
The news coincides with a broader market trend of Bitcoin moving off exchanges. Data from CryptoQuant shows the total Bitcoin held on exchanges has declined from over 3.2 million BTC in 2023 to around 2.74 million BTC in early 2026. This reduction in exchange supply is seen as a potential factor for lower short-term selling pressure and increased price stability.
