Corporate treasuries bought only 5,900 BTC in three months
- —Corporate treasuries bought 5,900 BTC in three months
- —Bitcoin price fell below $80,000
- —Companies' positions remain in unrealized loss
- —New capital inflow into treasuries has slowed
Why it matters: Slowing corporate purchases deprives the market of a key source of demand and signals weakening institutional interest.
Source: Cointelegraph