February Marks First Drop For Bitcoin Treasuries: Sales Outnumber Purchases By 800 BTC

A latest report from Bitcointreasuries.internet has highlighted a big shift within the habits of Bitcoin (BTC) treasuries, revealing that the variety of gross sales has outpaced purchases for the primary time in February.

Bitcoin Treasuries Experience Net Decrease

According to the report, public firms engaged in treasury methods bought or disclosed practically 7,800 BTC price roughly $522 million on the finish of February 2026. 

Notably, about two-thirds of those acquisitions had been attributed to a single entity, Michael Saylor’s Strategy (beforehand MicroStrategy), whereas simply six different firms accounted for the remaining. 

However, selling activity overshadowed these additions, with numerous public treasuries collectively promoting or lowering their holdings by roughly 8,600 BTC. This resulted in a internet lower of round 800 BTC for the month. 

Even if there had been no gross sales in February, the online additions would nonetheless have paled compared to earlier months, comparable to January and December, which noticed positive aspects of 41,000 BTC and 29,000 BTC, respectively.

Additionally, the report analyzed the greenback worth of public firms’ holdings, which fell from $102 billion in January to $78 billion in February, reflecting Bitcoin’s downtrend skilled throughout the month. 

Despite this downturn, there’s a glimmer of hope, because the report signifies that public treasuries added an estimated 62,000 BTC to this point within the present quarter, primarily pushed by Strategy’s actions.

Strategy Poised For Continued Dominance

Strategy emerged because the dominant participant in Bitcoin acquisitions throughout February, buying 5,075 BTC, which represented two-thirds of the month’s whole purchases. By the tip of February, Strategy held 717,722 BTC, valued at roughly $48 billion. 

The firm accounted for 65% of all Bitcoin treasury shopping for in February, reinforcing its dominance on this sector. However, it’s price noting that this was one among Strategy’s smaller buying months, because it had made bigger purchases in December (22,627 BTC), January (40,150 BTC), and the primary half of March (21,009 BTC).

Several different firms additionally contributed to Bitcoin acquisitions throughout the month. Coinbase reported in its fourth-quarter 2025 outcomes that it holds 15,389 BTC, having elevated its holdings by 841 BTC for the reason that earlier quarter. 

MARA Holdings additionally noticed its stability rise, reporting 53,822 BTC at month-end—a acquire of 572 BTC from the final quarter. The firm, nonetheless, has confronted hypothesis about potential sell-offs, regardless of clarifying its place concerning gross sales in its 10-Ok submitting. 

Looking forward, the report means that Strategy is more likely to preserve its dominance in Bitcoin shopping for, particularly given its sturdy begin in March and its dedication to ongoing BTC purchases. 

Nonetheless, important gross sales by numerous firms in latest months, together with new approvals for these gross sales from corporations like MARA Holdings and GD Culture Group, might result in additional reductions in holdings and probably end in internet adverse modifications within the months to return.

At the time of writing, BTC was buying and selling at $71,090, which is a rise of 1.4% over the past 24 hours, regardless of failing to surpass the resistance degree of $74,000 earlier on Friday. 

Featured picture from OpenArt, chart from TradingView.com