Bitcoin treasury buying slows in Q3 as Strategy adds 1,666 BTC

CryptoVideos brief
Built from 2 sources 20 Oct 2026 · 10:24 UTC 1 min read Main editor: Earl Jacobson

Corporate Bitcoin buying slowed in the third quarter. Strategy's holdings rose by a net 1,666 BTC, company filings show. Bitwise's Ryan Rasmussen said he expects purchases to re-accelerate as early as this year if Bitcoin rallies. Bitfinex's Jag Kooner said renewed buying could follow if treasury companies regain premiums to their Bitcoin holdings. A dozen 2025 entrants sold all their Bitcoin, Rasmussen said. US spot Bitcoin ETFs had about $229 million in net outflows last week, their second straight week of withdrawals.

Key points

Bitcoin treasury buying slowed in Q3, according to Bitwise head of research Ryan Rasmussen.
Strategy's Bitcoin holdings rose by a net 1,666 BTC in Q3, according to company filings.
Bitwise's October market report showed the number of Bitcoin treasury companies fell in Q3.
A dozen companies that joined during the 2025 treasury boom sold all their Bitcoin, Rasmussen said.
US spot Bitcoin ETFs saw about $229 million in net outflows last week, their second straight week of withdrawals.

Why it matters

A slower pace of corporate purchases makes Bitcoin demand more dependent on investors who rebalance with macro conditions, Rasmussen said. ETF outflows continued last week.

What's unclear

The timing of renewed corporate Bitcoin buying is uncertain and depends on a Bitcoin rally and regained treasury premiums.

Price context · BTC

At publication

$81,543.00

Now

$81,530.00

Change since

−0.02%

7 days · dashed line = publication

Sources · 2 publishers

Cointelegraph Tier 1 First report 01:35 UTC

Bitcoin rally could revive treasury buying, but easy-money days over

Blockonomi Tier 3 10:11 UTC

Bitcoin Rally Could Revive Corporate Treasury Buying, Analysts Say

Coverage timeline

Oct 20, 01:35First reported by Cointelegraph
Oct 20, 10:11Also reported by Blockonomi
Oct 20, 10:24CryptoVideos brief published

How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error