Data: In the past three months, global listed companies have only increased their holdings by 5,900 bitcoins, while in July last year, the monthly increase reached 89,000 bitcoins

On-chain analytics firm Glassnode stated that publicly listed companies have only increased their holdings by 5,900 bitcoins in the past three months, while in July 2025, the monthly increase reached 89,000 bitcoins.

The spot price is slightly below its average cost basis of $80,500, and corporate buyers are facing moderate unrealized losses, while the new demand provided is limited.