According to SoSoValue, weekly public-company Bitcoin buying fell sharply to $17.38 million as DayDayCook added 200 BTC, while broader crypto-linked stocks declined amid disclosures involving Tether, Twenty One Capital, Tesla, SpaceX and MARA.
According to SoSoValue, global listed companies bought a net $17.38 million of Bitcoin last week, down 99.14% from the previous period. The purchases were led by DayDayCook, also referred to as DDC, which bought 200 BTC for $15.8992 million on May 21, raising its Bitcoin treasury holdings to 2,583 BTC. The Smarter Web Company also purchased 19 BTC for $1.48 million. As of publication, public companies collectively held 1,114,060 BTC valued at about $86.03 billion. At the same time, a market roundup said crypto-linked equities fell broadly as Tether acquired SoftBank’s stake in Twenty One Capital, SpaceX and Tesla were reported to hold a combined 30,221 BTC worth about $2.3 billion, and MARA disclosed more than $869,000 in executive vehicle armoring expenses.