Publicly traded companies have significantly reduced their Bitcoin purchases, acquiring only about 5,900 BTC in the past three months compared to over 100,000 BTC in the same period last year. This slowdown reflects weak corporate demand, as many treasuries remain underwater with an average purchase price of $80,500 while Bitcoin trades near $76,400. Although some institutional interest is seen in U.S.-listed spot Bitcoin ETFs, overall demand signals, including stablecoin supply and Coinbase premiums, remain subdued. The reduced corporate buying suggests a cautious outlook for Bitcoin's sustained rebound and the potential bull market in 2024-25.
Corporate treasuries' Bitcoin buying slowdown is context for Pluang's market data as of Sep 18, 2026 12:31 WIB: Among 50 major cryptocurrencies priced on Pluang, 46 rose and 3 fell today. Notable movers include COTI up 25.70% at Rp398 with a typical hold time of 121 days, UNI up 24.95% at Rp149,750 with 63% buy order activity, and DOT up 11.71% at Rp20,039 with 75% buy order activity. The highest one-day price change was COTI's 25.70%.
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