8 Articles
8 Articles
Corporate Treasuries Retreat as Bitcoin Tests $80K
TLDR Public companies added only about 5,900 BTC over the past three months, far below last year’s buying pace. Strategy accounted for most recent purchases, including a late-August acquisition of 4,603 BTC. Corporate treasuries hold about 1.22 million BTC, with their average cost basis near $80,500. Bitcoin remains below that average entry price, leaving many [...]
The thermometer of Bitcoin's corporate demand marks a sharp slowdown: in the three months between June and September the listed companies added in treasury just 5,900 BTC, a tiny figure compared to the purchase rates recorded just a year ago. To drag what little was bought was mainly Strategy (MSTR), [...]
Open equity companies have added about 5,900 BTC in three months, according to Glassnode, pace well below the recorded one year earlier
Corporate treasuries bought just 5,900 bitcoin in 3 months. Other demand signals look weak, too
Corporate treasuries bought just 5,900 bitcoin in 3 months. Other demand signals look weak, too. Corporate treasuries bought just 5,900 bitcoin in three months, while broader demand signals remain weak. Publicly traded companies added about 5,900 Bitcoin over the past three months, a sharp…
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