March 31, 2026 ChainGPT

Corporate Bitcoin Buying Dries Up: Net Purchases Plunge 99.93% to 1 BTC

Corporate Bitcoin Buying Dries Up: Net Purchases Plunge 99.93% to 1 BTC
Bitcoin’s corporate buying has all but dried up: net purchases by publicly listed, non‑mining companies plunged 99.93% week‑on‑week to roughly $70,000, new SoSoValue data show. As of 8 a.m. ET on March 30, 2026, listed firms added a net 1 BTC across the week — a tiny fraction of the aggressive accumulation seen in prior weeks and one of the weakest weekly prints since SoSoValue began tracking corporate treasuries. The slowdown coincides with sideways spot action and increasingly uneven ETF flows that are now driving much of bitcoin’s price action. Big-name buyers sat out. Strategy (the company formerly known as MicroStrategy), the long‑time poster child for corporate bitcoin treasuries, “has not announced any Bitcoin purchases” for the week, SoSoValue notes. Japan’s Metaplanet is also pausing after registering eleven consecutive weeks without purchases following a stretch of steady, smaller buys in 2025. Both had been among the most consistent incremental acquirers, with Strategy at one point holding more than 1% of circulating supply in its treasury. Only one listed company reported adding to its stash last week: UK‑based BHODL announced on March 26 that it invested $72,832 to buy 1 BTC — modest in size but notable in an otherwise barren week. Meanwhile, a couple of European firms signaled they’ll grow exposure via corporate moves rather than immediate spot buys. Swedish health‑tech H100 said it plans an all‑stock acquisition of Norway’s Moonshot AS and Never Say Die AS that would lift its bitcoin holdings to 3,501 BTC once closed. French manager Capital B completed a €2.8 million financing round to build dry powder for future Bitcoin purchases. Even with muted weekly flows, corporate treasuries remain a material holder of bitcoin. SoSoValue estimates listed companies (excluding miners) hold a combined 1,023,333 BTC — about $6.939 billion at current prices, roughly 5.1% of bitcoin’s circulating market capitalization. That total rose by just 0.000098% from the prior week, underscoring how little net accumulation occurred. The pattern fits broader market dynamics: spot bitcoin ETFs and macro/regulatory headlines have increasingly become marginal price setters, and when ETF demand cools or macro conditions tighten, even aggressive treasury buyers tend to step back. This week’s near‑zero corporate flow suggests bitcoin’s next move will be more dependent on ETF and retail flows than on another MicroStrategy‑style buying spree. Read more AI-generated news on: undefined/news