Global Listed Companies' Bitcoin Purchases Plummet 98.4% to $1.33 Million
Global listed companies, excluding mining firms, recorded a net purchase of only $1.33 million in Bitcoin last week, marking a 98.4% decrease from the previous month, according to SoSoValue data. Notably, Strategy did not increase its Bitcoin holdings, maintaining cash reserves of approximately $3.23 billion, while Japanese company Metaplanet also refrained from buying BTC.
Asset management firm Strive announced it acquired 21 BTC for $1.15 million at an average price of $63,221, raising its total holdings to about 19,921 BTC. Meanwhile, ORANGE JUICE completed a $40 million funding round to purchase Bitcoin. Currently, global listed companies hold a total of 1,139,656 BTC, valued at approximately $73.76 billion, representing 5.7% of Bitcoin's circulating market capitalization.
