FeesSafety
Pluang+

Corporate Bitcoin buying slows sharply to $75.5M in week ending Nov 1, down 85% from prior week.

05 Nov 2026, 00:27 WIB
Tokenpost
View Source
Neutral
Corporate Bitcoin buying slows sharply to $75.5M in week ending Nov 1, down 85% from prior week.

Publicly listed companies outside the mining sector bought $75.49 million in Bitcoin during the week ending Nov. 1, marking an 85.2% drop from the previous week's $510 million. Despite the slowdown, these companies still hold over 1.16 million BTC, worth about $91.16 billion, representing 5.8% of Bitcoin's market cap. Notable buyers included Strategy and Strive, which together purchased nearly 935 BTC. Meanwhile, Bitmine increased its Ether holdings and maintains significant staked assets, highlighting ongoing corporate interest in crypto assets beyond Bitcoin.

Non-mining listed companies' net Bitcoin purchases fell sharply by 85.2% to $75.49 million in the week ending Nov. 1. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Nov 05, 2026 04:51 WIB: out of 50 major cryptocurrencies tradable on Pluang, 42 rose and 7 fell today. Notable movers include UNI (Uniswap) at Rp137,929 with a 1-day change of +5.46%, CAKE (PancakeSwap) at Rp36,479 with +5.21%, and ETH (Ethereum) at Rp43,898,144 with +5.20%, where Pluang order activity shows 69% Sell and 31% Buy, with a typical hold time of 108 days.

More News

NOVAGOLD shareholders approve deal to own 100% of Donlin Gold project in Alaska

NOVAGOLD shareholders approve deal to own 100% of Donlin Gold project in Alaska

NOVAGOLD shareholders approved a transaction for New NOVAGOLD to acquire the remaining 40% interest in the Donlin Gold project from Paulson Advisers, increasing NOVAGOLD's ownership from 60% to 100%. This consolidation makes New NOVAGOLD the ultimate...

Company Fundamentals
Bullish
1 hour ago
Fox Factory names Troy Henige as new Chief Technology Officer to boost innovation and product development.

Fox Factory names Troy Henige as new Chief Technology Officer to boost innovation and product development.

Fox Factory Holding Corp. has appointed Troy Henige as its new Chief Technology Officer (CTO) to lead the company's technology vision, strategy, and product roadmap. This new role aims to enhance innovation, connect engineering strengths across the c...

Company Fundamentals
Bullish
3 hours ago
3M agrees to $7.35B settlement for PFAS exposure claims affecting up to 120,000 people.

3M agrees to $7.35B settlement for PFAS exposure claims affecting up to 120,000 people.

3M Company has reached a historic $7.35 billion settlement to resolve personal injury claims related to exposure to PFAS, toxic chemicals known as "forever chemicals." The settlement covers about 99% of existing claims, potentially benefiting 115,000...

Market News
Bearish
3 hours ago
Global e-learning market to reach $506.6B by 2032, growing 10.62% annually driven by corporate upskilling and digital access.

Global e-learning market to reach $506.6B by 2032, growing 10.62% annually driven by corporate upskilling and digital access.

The global e-learning market is projected to grow from $275.9 billion in 2026 to $506.6 billion by 2032, with a CAGR of 10.62% driven by rising internet connectivity, corporate upskilling demands, and government digital education initiatives. North A...

Market News
Bullish
4 hours ago
Bitcoin tests key resistance level; a break above could signal end of selling phase post-Binance hack.

Bitcoin tests key resistance level; a break above could signal end of selling phase post-Binance hack.

Bitcoin is currently testing a resistance level referred to as Level 2 by trader Doctor Profit. He suggests that if Bitcoin can close above this level on a daily basis, it may indicate that the market has absorbed the panic selling caused by the Bina...

Technical Signals
Bullish
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App