Bitcoin Buying Slows as Companies Add Just 5,900 BTC
Treasury buying has slowed to a fraction of last year’s pace, while an $80.5K cost basis leaves public companies underwater until Bitcoin reclaims that level.
Bitcoin (BTC) is the first decentralized cryptocurrency, introduced in 2009 by an individual or group operating under the pseudonym Satoshi Nakamoto. It runs on its own blockchain, the Bitcoin network, secured through a Proof of Work consensus mechanism in which miners use computing power to validate transactions and produce new blocks roughly every ten minutes. The protocol defines a hard cap of 21 million coins, and the block reward given to miners is automatically halved approximately every four years, embedding a predictable, disinflationary issuance schedule into the network. This scarcity, combined with permissionless access and resistance to censorship, has led many to characterize Bitcoin as a form of digital gold or a store of value distinct from traditional fiat currencies. Beyond peer-to-peer transfers, the Bitcoin ecosystem has expanded to include Ordinals, a method of inscribing data onto individual satoshis that enables NFT-like assets directly on the base layer, and BRC-20, an experimental fungible token standard built on those inscriptions. Emerging Bitcoin Finance (BTCFi) initiatives extend these capabilities further, allowing BTC to be used in staking, lending, and cross-chain security applications, positioning Bitcoin as a foundation for a broader decentralized financial ecosystem.
Treasury buying has slowed to a fraction of last year’s pace, while an $80.5K cost basis leaves public companies underwater until Bitcoin reclaims that level.
Risk assets rallied as cheaper oil eased inflation pressure, while Zcash captured flows that left Ether and XRP funds.
The flows show a sharp divergence between institutional demand for spot Bitcoin exposure and continued withdrawals from Ethereum products.
The yen weakened despite the hike, while BTC/JPY rose 0.5%, highlighting the market tension around Japan’s tightening and a possible carry-trade unwind.
677 $BTC (≈51.9M) moved from Coinbase Institutional to unknown wallet.
677 $BTC (≈52M) moved from Coinbase Institutional to unknown wallet.
1.4K $BTC (≈105.2M) moved from unknown wallet to Coinbase Institutional.
1.5K $BTC (≈114.6M) moved from unknown wallet to Coinbase Institutional.
681 $BTC (≈52.1M) moved from #Kraken to unknown wallet.
808 $BTC (≈61.8M) moved from unknown wallet to #Kraken.
The number is the headline, but the framing matters: a Meta AI model called $230K right after a hawkish Fed move, with the Clarity Act stalling in the same week.
1.7K $BTC (≈126.4M) moved from #Kraken to unknown wallet.
4.4K $BTC (≈339.1M) moved from unknown wallet to unknown new wallet.
The action widens Operation Economic Outcast and signals that sanctions enforcement is targeting the infrastructure used to move crypto-linked payments into Iran.
The comparison frames Bitcoin as a potential return-seeking asset and gives institutional investors a direct benchmark against gold.
A single-vote loss normally ends a bill, but Tillis's motion to reconsider means crypto market structure can come back before the Oct. 2 recess.
4.4K $BTC (≈340.2M) moved from unknown wallet to unknown wallet.
1.7K $BTC (≈126.8M) moved from unknown wallet to #Kraken.
3.3K $BTC (≈254.6M) moved from unknown wallet to unknown wallet.
5K $BTC (≈383.9M) moved from unknown wallet to unknown wallet.
Bitcoin is the world's first decentralized cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto.
Bitcoin (BTC) launched on 2009-01-03.
Bitcoin (BTC) is categorised as: Smart Contract Platform, Layer 1 (L1), FTX Holdings.
The official Bitcoin site is http://www.bitcoin.org.
Most recent Bitcoin coverage: "Bitcoin Buying Slows as Companies Add Just 5,900 BTC" — read at /en-US/a/bitcoin-buying-slows-as-companies-add-just-5900-btc.