Bitcoin treasury companies' purchase volumes slump despite record transaction count

Bitcoin (BTC) treasury companies reached a record holding of 840,000 BTC in August, but underlying data reveal weakening institutional demand. According to a Sept. 5 report by CryptoQuant, purchase...

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Bitcoin treasury companies' purchase volumes slump despite record transaction count

Source: CryptoSlate

Bitcoin (BTC) treasury companies reached a record holding of 840,000 BTC in August, but underlying data reveal weakening institutional demand. According to a Sept. 5 report by CryptoQuant, purchase volumes and transaction sizes plummeted to multi-year lows. Strategy led corporate Bitcoin accumulation with 637,000 BTC, representing 76% of total treasury holdings. At the same time, […]