Why have Bitcoin treasuries stopped their relentless buying?
Yahoo Finance·2025-11-06 20:59
The Bitcoin treasury boom is slowing down. Public companies added just 14,400 Bitcoin worth about $1.4 billion to their balance sheet in October, the lowest monthly total of 2025 and a sharp, 63% drop from September’s 38,035 Bitcoin, according to data compiled by BitcoinTreasuries.net. Private companies added even less — about 3.5 Bitcoin for the month. The dramatic slowdown comes as the premium that made Bitcoin treasuries attractive to investors has collapsed. Strategy’s mNAV — the ratio between its ...