Strategy's dominance in corporate Bitcoin holdings decreased in October, with its share dropping from 75% to 60%, despite maintaining the largest treasury of 640,808 BTC. This shift comes as more companies add Bitcoin to their treasuries, albeit at a slower pace, with public and private firms collectively acquiring 14,447 BTC in October, marking the smallest monthly increase of 2025. Metaplanet led the acquisitions with 5,268 BTC, while Coinbase added 2,772 BTC, bringing its total to 14,548 BTC.
The number of Bitcoin-holding entities has more than doubled since January, with 353 entities, including 276 public and private companies, now holding Bitcoin. The United States leads with 123 entities, followed by Canada, the UK, and Japan. Additionally, the report highlights a growing interest in altcoin treasuries, with Ether and Solana gaining traction. Bitcoin's share of total crypto treasury value fell to 82% from 94% in April, while Ether's share rose to 15%.
Corporate Bitcoin Holdings Diversify as Strategy's Dominance Declines
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