Corporate Treasuries Retreat as Bitcoin Tests $80K

TLDR Public companies added only about 5,900 BTC over the past three months, far below last year’s buying pace. Strategy accounted for most recent purchases, including a late-August acquisition of 4,603 BTC. Corporate treasuries hold about 1.22 million BTC, with their average cost basis near $80,500. Bitcoin remains below that average entry price, leaving many [...]

The post Corporate Treasuries Retreat as Bitcoin Tests $80K appeared first on Blockonomi.