"Corporate Bitcoin demand effectively concentrated in Strategy"…participation plunges

Source
Suehyeon Lee

Summary

  • It reported that corporate Bitcoin buying demand has become concentrated in a particular company, sharply reducing market participation.
  • It said that over the past 30 days Strategy purchased about 45,000 BTC, while other companies’ purchases were limited to around 1,000 BTC.
  • It reported that about 76% of corporately held Bitcoin is concentrated in Strategy, and that the market is being supported by the strategic buying of a specific company.

Forecast Trend Report by Period

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Photo=CryptoQuant
Photo=CryptoQuant

Corporate demand for Bitcoin purchases appears to have become concentrated in a single company, sharply curtailing broader market participation.

According to CryptoQuant on the 30th (local time), over the past 30 days Strategy bought about 45,000 BTC, while purchases by other companies amounted to only around 1,000 BTC. That represents a roughly 99% drop, suggesting corporate demand has effectively collapsed.

About 76% of the Bitcoin held by corporations is now concentrated in Strategy, indicating a structure centered on a single player rather than broad-based demand across the industry.

CryptoQuant said this trend suggests the market is being supported not by demand underpinned by widespread corporate participation, but by the strategic buying of a specific company.

Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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