Global publicly listed companies, excluding mining firms, net sold $85.45 million in Bitcoin last week, marking a significant 908.42% decrease from the previous week, according to SoSoValue data. Notably, Strategy (formerly MicroStrategy) and Metaplanet did not engage in Bitcoin purchases during this period.
Meanwhile, Brazilian Bitcoin company OrangeBTC acquired 8 BTC at $62,100 each, increasing its holdings to 3,912 BTC. Asset management firm Strive purchased 18 BTC for $1.15 million at $64,028 each, raising its total to approximately 19,900 BTC. Overall, the total Bitcoin holdings of global public companies tracked decreased by 0.19% to 1,139,635 BTC, valued at $71.38 billion, representing 5.7% of Bitcoin's circulating market cap.
Global Companies Net Sell $85.45 Million in Bitcoin Amidst Strategy and Metaplanet Absence
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