Bitcoin Treasury Demand is Weakening, CryptoQuant Cautions
The post Bitcoin Treasury Demand is Weakening, CryptoQuant Cautions appeared on BitcoinEthereumNews.com. Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin treasury companies were the talk of the town during the recent BTC Asia conference in Hong Kong, and onchain data shows they hold more than ever in their virtual coffers, but a new report from CryptoQuant highlights that they are being a bit more cautious in their crypto buys. CryptoQuant data shows aggregate BTC treasury holdings hit 840,000 BTC this year, led by Strategy with 637,000 BTC. Yet the average purchase size has collapsed: Strategy bought just 1,200 BTC per transaction in August, while other firms averaged 343 BTC. Both figures are down 86% from early 2025 highs, signaling smaller, more hesitant buys that suggest liquidity constraints or waning conviction. The numbers show a striking divergence. Transaction activity is near record levels, 53 deals in June and 46 in August, but each deal involves far less bitcoin. Strategy acquired only 3,700 BTC in August compared to 134,000 BTC at its peak last year, while other treasury firms slipped to 14,800 BTC from highs of 66,000 BTC. (CryptoQuant) The decline in average deal size suggests treasuries are still active but unwilling to commit large blocks of capital, reflecting both liquidity constraints and a more cautious market psychology. All of this should be considered a concern for investors, as BTC’s price growth in the second quarter of the year was largely driven by accumulation by treasury companies, CoinDesk Indices data shows. By late August 2025, institutions were absorbing more than 3,100 BTC a day against just 450 mined, creating a 6:1 demand-supply imbalance that underscored how relentless…
The post Bitcoin Treasury Demand is Weakening, CryptoQuant Cautions appeared on BitcoinEthereumNews.com.
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin treasury companies were the talk of the town during the recent BTC Asia conference in Hong Kong, and onchain data shows they hold more than ever in their virtual coffers, but a new report from CryptoQuant highlights that they are being a bit more cautious in their crypto buys. CryptoQuant data shows aggregate BTC treasury holdings hit 840,000 BTC this year, led by Strategy with 637,000 BTC. Yet the average purchase size has collapsed: Strategy bought just 1,200 BTC per transaction in August, while other firms averaged 343 BTC. Both figures are down 86% from early 2025 highs, signaling smaller, more hesitant buys that suggest liquidity constraints or waning conviction. The numbers show a striking divergence. Transaction activity is near record levels, 53 deals in June and 46 in August, but each deal involves far less bitcoin. Strategy acquired only 3,700 BTC in August compared to 134,000 BTC at its peak last year, while other treasury firms slipped to 14,800 BTC from highs of 66,000 BTC. (CryptoQuant) The decline in average deal size suggests treasuries are still active but unwilling to commit large blocks of capital, reflecting both liquidity constraints and a more cautious market psychology. All of this should be considered a concern for investors, as BTC’s price growth in the second quarter of the year was largely driven by accumulation by treasury companies, CoinDesk Indices data shows. By late August 2025, institutions were absorbing more than 3,100 BTC a day against just 450 mined, creating a 6:1 demand-supply imbalance that underscored how relentless…
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