Bitcoin treasuries buy just 5.9K BTC in three months as paper losses linger
Bitcoin corporate treasuries remained at an unrealized loss on their holdings as the price fell below $80,000 and fresh capital inflows dwindled.
Bitcoin corporate treasuries remained at an unrealized loss on their holdings as the price fell below $80,000 and fresh capital inflows dwindled.
Bitcoin (BTC) is no longer a target for corporate treasuries as current buyers sit on unrealized losses, new research shows.
Onchain analytics platform Glassnode reveals that in 2026, listed companies bought around 5,900 BTC — less than 7% of their purchases in July 2025 alone. During that month, companies bought 89,000 BTC, even as BTC/USD traded above $100,000.
Business intelligence company Strategy, which holds the world’s largest Bitcoin treasury, made its most recent BTC purchase at the end of August, adding 4,603 BTC in its first acquisition in two months. The cost basis of its 845,050 BTC holdings is currently $75,412.