Corporate Bitcoin Reserves Growth Slows Sharply
The total amount of Bitcoin reserves accumulated by companies reached a record 840,000 BTC in August, but the size of purchases and transactions fell to yearly lows, CryptoQuant noted.
Bitcoin treasuries hit a record 840K BTC in 2025.
But growth has slowed sharply, Strategy's monthly buys collapsed from +134K in Nov 2024 to just 3.7K in Aug 2025.
Smaller, cautious transactions show institutional demand is weakening despite the headline record. pic.twitter.com/rwLsqrz21N
— CryptoQuant.com (@cryptoquant_com) September 5, 2025
The largest treasury in digital gold is Michael Saylor's Strategy, with 637,000 BTC, or 76% of the total. The remaining 203,000 BTC are controlled by 32 companies.
The reserves began to grow rapidly after the US presidential election in November 2024. Strategy more than doubled its position in the first cryptocurrency during this time, from 279,000 to 637,000 BTC. The total assets of other firms increased 13-fold, from 15,000 to 203,000 BTC.
In August, Saylor's company bought 3,700 BTC. The rest of the segment bought a total of 14,800 bitcoins, which is significantly lower than the average of 24,000 BTC since the beginning of the year and significantly lower than the June peak of 66,000 BTC.
The average transaction size at Strategy has dropped to 1,200 coins, while at other companies it has fallen to 343 BTC – 86% from the highs of the beginning of the year.
Saylor's firm's monthly asset growth slowed from 44% in December to 5% in August. The aggregate figure for the others showed similar dynamics, falling from 163% in March to 8%.
In July, companies made 53 transactions to purchase bitcoins on balance, in August they remained active with 46 transactions. For comparison, in November 2024, only 14 purchases were made.
“Smaller and more cautious trades suggest that institutional demand is weakening despite the overall performance,” CryptoQuant analysts noted.
In the report, they focused on companies focused exclusively on accumulating and holding bitcoins, holding at least 1,000 BTC. The experts excluded data on miners and enterprises with large operational businesses such as Tesla or Coinbase.
Let us recall that Capriole founder Charles Edwards, amid a slowdown in corporate purchases of the first cryptocurrency, announced a growing risk of a large-scale sell-off of the asset.
Galaxy Digital compared the trend of forming companies with bitcoin reserves to the investment trust bubble of the 1920s in the United States.
Source: cryptonews.net
