The Bitcoin (BTC) accumulation by treasuries companies has experienced a significant decline currently. According to data revealed today by market analyst Satoshi Club, the current accumulation pace has declined to $25 million – $50 million per week, compared to earlier months of the year when companies were adding billions every few weeks. As hinted by the analyst, companies focusing on buying Bitcoin as part of their financial treasuries have reduced their purchasing frenzy, a reflection of a decreased risk appetite in the wider cryptocurrency market.
Major Significant Shifts in Bitcoin Treasuries Landscape
Corporate Bitcoin buying slowed down in October, marking the smallest monthly BTC addition of the year, as per metrics reported by BitcoinTreasuries.net on Thursday, November 13. Over the past month, Bitcoin treasuries firms purchased 14,400 BTC, a reduced addition compared to earlier months of 2025, reflecting over 60% drop from figures noted in September.
Despite a significant fall in BTC prices during October, these private and public companies didn’t grab the buying opportunity. According to the analyst, the key factor that discouraged institutions from seriously adding the digital asset during October’s market cooldown was heightened investor bearishness.
Amid this drop, the overall outlook of treasuries has shifted, as new corporate buyers are challenging Strategy’s dominance. Despite Michael Saylor’s Strategy remaining at the helm of the institutional Bitcoin treasury ranking, the amounts of its BTC holdings have been gradually decreasing. In October, the company’s total corporate Bitcoin holding dropped to 640,808 BTC, a fall of 15% from records witnessed earlier in the year.
During October, new buyers emerged as top BTC accumulators. Metaplanet became the largest buyer of the month, adding 5,268 BTC, and ended the month with another addition of 30,823 BTC. Coinbase followed as the second-best buyer, with the acquisition of 2,772 BTC, currently making its total holdings stand at 14,548 BTC.
BTC’s Price Drop and Treasuries Impact
Questions remain whether these companies’ activities have an impact on Bitcoin prices. As treasuries firms continue to struggle with slumping stock prices and a quick decrease in BTC accumulation, Bitcoin has lost approximately $340 billion in market value since the US-China tariff trade war escalated on October 10.
Earlier this week, Omid Malekan, a blockchain author and lecturer at Columbia Business School, pointed fingers at DATs (digital asset treasuries) as part of the reasons for Bitcoin’s price continuing to fall. This appears to be true as slowed token accumulation happens in tandem with price declines. Other attributes to the crypto markets’ slowdown include macroeconomic factors like the recent US-China trade tensions. Over the past week, Bitcoin has been fluctuating between $105,963 and $95,768, all from its ATH of $126,000 tested on October 7.
