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🔥BULLISH

Public Companies Add 1,462 BTC as DEX Volumes Rebound

The weekly picture was mixed: stablecoin supply contracted, while public-company Bitcoin buying and gains in trading activity provided counterpoints.

Public Companies Add 1,462 BTC as DEX Volumes Rebound
Public Companies Add 1,462 BTC as DEX Volumes Rebound
Public Companies Add 1,462 BTC as DEX Volumes Rebound
Public Companies Add 1,462 BTC as DEX Volumes Rebound

Public companies added a net 1,462 BTC, worth $113.44 million, in the week of Oct. 26–Nov. 1. Strategy bought 810 BTC, while three companies added to their holdings and one reduced its position.

Why it matters

The buying came alongside a $4.53 billion decline in total stablecoin market capitalization. That contraction contrasts with recovering activity across decentralized exchanges, leaving the week’s market signals mixed rather than uniformly bullish.

Market impact

DEX spot volume rose 24.06% week over week, and perpetual volume gained 5.79%. Protocol revenue also increased 9.22%, with BeaverBuild recording a 44,812% weekly revenue increase. Bitmine bought 8,573 ETH, valued at $19.52 million.

Related tokens
$BTC $ETH

Frequently asked questions

  1. How much Bitcoin did public companies add during the week?

    Public companies added a net 1,462 BTC, valued at $113.44 million. Three companies added Bitcoin and one reduced its holdings.

  2. How much Bitcoin did Strategy buy?

    Strategy bought 810 BTC, valued at $62.85 million, during the week.

  3. How did DEX trading volumes change?

    DEX spot volume rose 24.06% week over week, and perpetual volume increased 5.79%.

  4. What happened to stablecoin market capitalization?

    Total stablecoin market capitalization fell by $4.53 billion during the week.

  5. How did protocol revenue and Bitmine's Ethereum buying change?

    Protocol revenue rose 9.22% week over week, while Bitmine bought 8,573 ETH, valued at $19.52 million. BeaverBuild recorded a 44,812% increase in weekly revenue.

Source attribution
Aggregated from Lookonchain · Verified · Last refreshed 54m ago
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