Bitcoin treasury companies back in profit as BTC tops $80K
- —172 tracked firms hold ~1.27M BTC, about 6% of total supply
- —Aggregate unrealized gain stands at ~$10.2B, or 11.1%
- —Strategy holds ~848,500 BTC at an average cost of $76,084
- —Metaplanet's 44,000 BTC at $88,551 average remains underwater
Why it matters: Corporate treasuries are a visible source of Bitcoin demand; their return to profit could revive buying, though firms are so far trading tactically rather than accumulating.
Source: Crypto Briefing