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Bitcoin treasury firms profit as BTC tops $80K, but large-scale buying remains absent

Market News
22 Oct 2026
Crypto Briefing
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Neutral
Bitcoin treasury firms profit as BTC tops $80K, but large-scale buying remains absent

Bitcoin prices have risen above $80,000, pushing public companies holding Bitcoin back into profit with unrealized gains of around $10.2 billion. These firms collectively hold about 1.27 million BTC, roughly 6% of total supply, valued at $107 billion. Strategy (formerly MicroStrategy) dominates with two-thirds of this BTC, showing an 11.4% gain, but it has shifted from aggressive buying to tactical trading. Despite profitability, the expected surge in corporate Bitcoin purchases has not occurred, reflecting cautious market behavior and mixed stock reactions among treasury firms.

Bitcoin treasury companies' unrealized gains total about $10.2 billion as prices exceed $80,000, holding roughly 1.27 million BTC valued at $107 billion. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 22, 2026 11:51 WIB: out of 50 major cryptocurrencies, 14 rose and 35 fell today. Notable movers include BAL (Balancer) up 11.14% at Rp16.297, EOS (EOS.IO) up 8.13% at Rp12.649, and KSM (Kusama) down 5.85% at Rp72.980 with a Pluang order activity of 32% Sell / 68% Buy and typical hold time around 80 days.

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