2025 saw a massive surge in Bitcoin (BTC) purchases from corporate treasuries. Corporate treasury purchases and increased ETF inflows led to BTC hitting a new all-time high of $126,080 in October 2025. However, the trend has since taken a big hit. The crypto market experienced a massive crash soon after BTC hit a new peak in October. In fact, the market saw its biggest single-day liquidation in history the same month as Bitcoin (BTC) hit its new peak. Corporate treasuries companies registered three consecutive weeks of selling, the first in history.
Why Are Corporate Treasuries Selling Bitcoin?
Corporate treasuries went big on Bitcoin (BTC) in 2025. However, the same copanies have begun selling as we enter bearish market territory. The development could be a signal that corporates do not have the appetite for the risks associated with the crypto market.
Furthermore, the dip in corporate buys comes amid a Satoshi-era Bitcoin miner exiting its position after 15 years. The miner offloaded 1,300 BTC, worth around $750 million. It is possible that the miner is booking profits after years of dormancy. It is also possible that the miner expects BTC’s price to dip further, and may re-enter the market at the bottom.
Also Read: Who Owns the Most Bitcoin in 2026? The No. 1 Holder Revealed
Bitcoin (BTC) has faced substantial challenges over the last few months. The asset took another hit on Monday, Feb. 23, 2026, likely due to President Trump’s new tariffs. Market participants may be anticipating increased volatility over the coming days. According to CoinGecko data, Bitcoin’s (BTC) price briefly fell below $65,000 earlier today, but has since since made a slight recovery. The crypto market may continue its lackluster trajectory over the coming weeks, as low liquidity remains a concern. Macroeconomic uncertainties and geopolitical tensions have added additional pressure to the market.