The smaller Bitcoin treasury companies added 602,6 BTC, worth approximately $46,000,000 last week. This was despite the fact that larger corporate holders seemed to halt their purchases.
Included in the purchases were 381,6 Bitcoin (BTC) acquisition Strive, a Bitcoin-treasury manager and asset manager, has invested 200 BTC. bought DDC Enterprise Limited, a leading global consumer goods brand, has 19 BTC acquired The Smarter Web Company, a UK-based website design company and 2 BTC bought Hyperscale Data, a company that specializes in AI-driven data centers.
This buying indicates that corporate Bitcoin demand did not disappear during the recent drawdown. Instead, it has moved to smaller Treasury firms and market leader Strategy has stopped its weekly accumulation.
Farside Investors said that the purchases were made as Bitcoin spot exchange-traded fund (ETF) saw a net outflow of 1.54 billion dollars in the six days preceding Friday. data shows.
Crypto sentiment platform Santiment has called out the increasing outflows a “counter-indicator,” Cointelegraph, a newspaper published on Saturday, argued that ETFs are disproportionately reflective of the retail investor’s sentiment and do not reflect smart money positions.
Strive the FORM 8K that was filed with US Securities and Exchange Commission. Source: SEC.gov
Bitcoin treasuries are bought when BTC drops below $80,000
Bitcoin Treasury Companies bought Bitcoin shortly after Bitcoin’s price fell below the $80,000 mark.
Strive bought its Bitcoins at an average price of $79 348, DDC purchased at $79 496, and SWC paid $77 687 on average.
Hyperscale did not provide an average price for the BTC it purchased, but the purchase was made on Sunday at a time when Bitcoins’ price had closed out the day of $76,981.
The average purchase price for Bitcoin Treasury firms can be a useful metric to reveal the gains and losses that have not yet been realized on the BTC positions. It is also used as a way of gauging a firm’s confidence in its underlying asset over the long term.
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It comes just a few days after Strategy announced a 24 869 BTC were purchased for $ 2,01 Billion between 11 and 17 May, with an average price per BTC of $ 80 985. Strategy made its third largest investment for 2026 with a $2 billion investment.
Source: Top Bitcoin Treasuries by Holdings Source: Bitcointreasuries.net
There are approximately 198 Bitcoin Treasury companies that hold 1.24 Million Bitcoins, which represents about 5.9%. data Bitcointreasuries has a list of all the currencies.
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Source: cointelegraph.com
