Smaller Bitcoin Treasury Firms Increase Holdings Amidst Market Pause
- Smaller Bitcoin treasury firms acquired a total of **602.6 BTC** valued at approximately **$46 million** last week.
- Major acquisitions included **381.6 BTC** by Strive and **200 BTC** by DDC Enterprise Limited.
- The average purchase prices were around **$79,348** for Strive and **$79,496** for DDC.
- Spot Bitcoin ETFs experienced **$1.54 billion** in net outflows over six trading days leading up to Friday.
- As of now, about **198 public Bitcoin treasury companies** hold approximately **1.24 million BTC**, making up about **5.9%** of the total supply.
The recent activity indicates that while larger corporate holders have paused their purchases, smaller firms are actively buying during price dips below $80,000, suggesting ongoing demand in the market.
Last week’s acquisitions reflect a strategic shift as smaller entities capitalize on lower prices, with Strive’s average purchase price at **$79,348 per BTC** being notably significant for future valuations.(Source)
