Corporate Treasuries Bought Only 5,900 Bitcoin in Three Months as Demand Signals Weaken
Key Highlights: Corporate treasuries hold ~1.22 million BTC with an average cost basis of $80.5K, leaving them ~6% underwater at current prices. Strategy (formerly MicroStrategy) dominates with ~845,050 BTC; Tokyo-listed Metaplanet ranks among the next-largest holders. U.S. spot Bitcoin ETFs have drawn billions since August but remain ~$1 billion negative year-to-date, while the Coinbase premium ...