CryptoQuant: Strategy Accounted for 71% of Corporate Bitcoin Reserve Growth
- —Public company BTC reserves grew 31% in 14 months to 1.3 million BTC
- —Strategy contributed 71% of the growth; all other firms 29%
- —Companies outside Strategy are buying less BTC and selling more
- —Few new companies are joining the corporate bitcoin treasury trend
Why it matters: Corporate bitcoin demand rests on a single buyer, so any slowdown at Strategy would hit the market harder than the headline growth suggests.
Source: Koin Bülteni