Bitcoin Treasury Purchases Slow Despite Record Holdings: A Cautious Market?

Bitcoin (BTC) recently saw a price bounce, briefly reaching around $113,000 before a slight dip. Currently trading near $111,000, it remains 10.46% from its all-time high. New data from CryptoQuant reveals a fascinating trend in Bitcoin treasury accumulation.

CryptoQuant’s September 5th report shows public and private company Bitcoin treasury holdings hit a record 840,000 BTC in 2025, demonstrating significant institutional interest. However, a crucial shift is occurring: monthly purchases have dramatically slowed.

In collaboration with bitcointreasuries.net.data, CryptoQuant found that ‘Strategy,’ a major institutional buyer, reduced purchases by 97% over the past year. After acquiring 134,000 BTC in November 2024, August 2025 saw only 3,700 BTC purchased. While other treasuries added 14,800 BTC in August, this pales in comparison to previous peaks, notably a 66,000 BTC high in January 2025.

This suggests that while overall holdings are record-breaking, the influx of new institutional investment is waning. This raises concerns about the future behavior of these treasuries, particularly during a potential crypto winter.

Bitcoin Price Update

At the time of writing, Bitcoin trades at $110,942, up 0.48% in the last 24 hours. Daily trading volume increased by 4.56% to $61.05 billion. Despite this, a 3.76% monthly loss indicates fragile momentum. The next key resistance level is around $113,700.

The slowing of corporate treasury purchases signals that while Bitcoin remains a significant asset, the pace of adoption might be moderating. This warrants close observation of the market’s future trajectory.

Featured image from istock, chart from Tradingview