The post Corporate treasuries quietly boost Bitcoin reserves despite market slide appeared on BitcoinEthereumNews.com.

Corporate treasuries continue to quietly scoop up Bitcoin even as the market retraces recent gains. Institutions bagged more than 7,700 BTC last week, hinting that they still have an appetite while retailers back off. A bullish rally triggered after the US Fed chair Jerome Powell’s Jackson Hole address witnessed a major correction. Bitcoin, which went on to hit $117k last mid-week, dropped back to the $112K zone on Monday. BTC dominance hovers around 57.6%. The cumulative crypto market cap fell by 2.4% over the last 24 hours to stand at $3.89 trillion. Its 24-hour trading volume spiked by 81% to hit $243 billion.  Corporates load up on Bitcoin From August 18–24, at least 48 treasury announcements were made globally, as shown by data compiled from company disclosures. It highlighted that four new treasuries were launched, collectively holding more than 41 BTC. However, 16 more firms signaled plans to build reserves, and 5 planned to buy more of Bitcoin. August 22 saw a Japanese fashion brand, ANAP Holdings, increasing its Bitcoin holdings by 6.26 BTC. Another Japanese company scooped 200 BTC, pushing its holding to 364.93 BTC on the same day. However, Rep. Migz Villafuerte filed HB 421 for a Philippine Strategic Bitcoin Reserve. It intends to buy 2,000 BTC/year for 5 years (10,000 BTC total). Source: Data compiled by NLNico US-listed bitcoin treasury company, DDC Enterprise, bought 100 Bitcoin on August 21. Japan’s Japanese apparel retailer Mac House made its first acquisition of 17.5 BTC. They called this a “proof of concept” and will see if they will continue buying. Earlier, it announced that its Treasury Strategy target is 1,000 BTC. On August 20, US homebuilder BOXABL disclosed a treasury of 10 BTC at an average price of $107.8k in its Q2 filing. Sweden’s Goobit Group (BTCX) revealed its first…

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Filed under: News - @ August 25, 2025 6:25 pm