-
Bitcoin activity remains vibrant, yet cautious spending by treasury companies shows a distinct shift in approach
Recent data shows that Bitcoin treasury holdings are diminishing. While Bitcoin remains popular, companies known as “Bitcoin treasury companies” are buying less than before, reflecting a cautious approach. Reports indicate these companies hold a record 840,000 Bitcoin but are reducing the amount purchased per transaction. For instance, Strategy’s purchases have decreased by 86% from earlier in the year, suggesting financial constraints or increased caution. El Salvador’s purchase of gold for the first time since 1990, to diverge from Bitcoin, suggests a possible bearish sentiment for Bitcoin. Japan’s ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
Michael Saylor, Strategy executive chairman, joins 'Squawk Box' to discuss the state of bitcoin, what to make of the rally this year, Strategy's bitcoin strategy, rise of bitcoin treasury companies, and more.
From channelnewsasia.com | Sep 7, 2025
HashKey Group will launch its inaugural Digital Asset Treasury (DAT) focused fund with an initial target size of $500 million, Hong Kong's largest licensed crypto exchange said on Monday. The multi-currency fund's DAT strategy refers to public companies accumulating cryptocurrency assets to capitalise on higher token prices and a softening regulatory ...
From ticotimes.net | Sep 8, 2025
President Nayib Bukele announced that El Salvador purchased 21 Bitcoin to mark the fourth anniversary of the country adopting the cryptocurrency as legal tender. The move brings the nations total Bitcoin reserves to 6,313.18 BTC, worth more than $701 million at current prices. Bukele shared the news on X, posting a screenshot of the transaction and ...