Bitcoin treasury companies’ purchase volumes slump despite record transaction count
Bitcoin (BTC) treasury corporations reached a record holding of 840,000 BTC in August, however underlying knowledge reveal weakening institutional demand. According to a Sept. 5 report by CryptoQuant, purchase volumes and transaction sizes plummeted to multi-year lows. Strategy led company Bitcoin accumulation with 637,000 BTC, representing 76% of complete treasury holdings. At the identical time,…
