Corporate Bitcoin Buying Slows as Total Holdings Reach Record High► https://t.co/z1QtbPr4TG https://t.co/z1QtbPr4TG ...

Corporate appetite for Bitcoin cooled in October, even as total holdings across companies, governments, and ETFs reached their highest level on record, a sign the sector is shifting from rapid accumulation to a more defensive stance across balance sheets. Public and private firms added 14,447 BTC during the month, the smallest increase this year, according to an October report from online tracker BitcoinTreasuries.net. The slowdown marks a sharp pullback from September, when corporate treasuries purchased m ...

Group 1 - Bitcoin's rally lost momentum in August, with corporate accumulation slowing down significantly, as tracked treasury entities added only 47,718 BTC ($5.2 billion) compared to over 100,000 BTC in July [1][2] - Total holdings across public companies, private firms, governments, and ETFs reached 3.68 million BTC, valued at $400 billion at the end of August, with a monthly increase of only 1.2%, a decline from July's 4.6% [1][6] - The slowdown in BTC acquisitions by corporate entities may explain why Bitcoin's price, which peaked at $123,000 in mid-August, fell over 11.5% to below $109,000 by the end of the month [2][3] Group 2 - Despite aggressive fundraising announcements totaling over $15 billion from treasury firms, actual purchases have not yet materialized, indicating a gap between fundraising and market impact [3] - Public company holdings surpassed 1 million BTC for the first time, doubling from late 2024, with KindlyMD making a notable purchase of 5,744 BTC worth $679 million [4] - Bullish (BLSH) joined the treasury rankings after its August IPO, holding 24,000 BTC valued at $2.6 billion, with the CEO indicating a growing institutional interest in Bitcoin [5]