Strategy Accounted for 98% of Corporate Bitcoin Buying in the Past Month
According to the source, Strategy bought 45,000 Bitcoin over the past month, while all other corporate treasury companies combined purchased about 1,000 Bitcoin.
BTC
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Terms & Concepts
Corporate treasury: A company’s management of cash and reserve assets, which can include holding Bitcoin on its balance sheet.
Bitcoin treasury company: A business that allocates part of its corporate reserves to Bitcoin as a strategic balance-sheet asset.
BTC: The ticker symbol for Bitcoin, the largest cryptocurrency by market value.