Bitcoin’s price recently bounced back to around $111,000, but it’s still below its all-time high. Interestingly, while companies are holding a record amount of Bitcoin – a whopping 840,000 BTC by the end of 2025 – they’re buying a lot less than before.
Record Holdings, Slow Purchases
New data shows that institutional investors, particularly large companies, are significantly reducing their Bitcoin purchases. One major player, “Strategy” (likely referring to MicroStrategy), slashed its buying by a massive 97% in the past year. After buying a huge 134,000 BTC in November 2024, they only bought 3,700 BTC in August 2025. Other companies also slowed down their purchases after a buying spree earlier in 2025. While total Bitcoin held by treasuries is at an all-time high, the rate of new purchases is dramatically lower.
Bitcoin’s Price: A Cautious Outlook
Bitcoin is currently trading around $110,942, with a slight increase in daily trading volume. However, it’s still down slightly over the past month. The price faces resistance around $113,700.
What Does It All Mean?
The slowdown in Bitcoin treasury purchases suggests that even though big companies see Bitcoin as a valuable asset, they’re becoming more cautious. This could be due to various factors, including market uncertainty and the possibility of a future downturn (crypto winter). While the idea of Bitcoin as a safe haven asset remains, the rapid growth in institutional buying seems to have stalled. This raises questions about how these companies will react if the crypto market takes a downturn.
