Citing Blockchainreporter, Bitcoin (BTC) accumulation by corporate treasuries has significantly slowed in recent weeks, with purchases dropping to $25 million – $50 million per week, compared to billions added earlier in the year. According to market analyst Satoshi Club, the decline reflects reduced risk appetite in the crypto market. In October, firms added only 14,400 BTC, a 60% drop from September. Strategy, led by Michael Saylor, saw its holdings fall 15% to 640,808 BTC, while new buyers like Metaplanet and Coinbase emerged as top accumulators. Bitcoin’s price has since fallen to $95,768, amid broader market pressures including the US-China trade tensions.
Bitcoin Struggles at $95,768 as Corporate Treasuries Slow BTC Purchases
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