Overview
- Glassnode reports corporate balances rose from 197,000 BTC in January 2023 to about 1.08 million BTC, now more than 5.4% of circulating supply.
- Bitcoin Treasuries’ November review finds roughly 65% of measured corporate holders in unrealized-loss positions following a late-month price drop below $90,000.
- Strategy holds about 660,624 BTC and accounted for roughly three-quarters of net November buying, while Strive added 1,567 BTC via perpetual preferred equity; mining firms provided steady inflows and now make up about 12% of public holdings.
- Selective selling appeared as at least five firms reduced exposure, including Sequans selling about one-third of its stack and Hut 8 trimming by 389 BTC, with smaller cuts at KindlyMD and Genius Group.
- Beyond Bitcoin, Ethereum treasuries added about 309,000 ETH in November and roughly 100,000 more so far in December, according to Sentora.