Bitcoin (BTC) has seen some positive price movement recently, with a moderate rebound last week pushing the price to around $113,000 before a slight setback. The current trading price is near $111,000, which is still about 10.46% below its all-time high. However, a recent report from blockchain analytics firm CryptoQuant has shed light on an interesting trend in the accumulation of Bitcoin by treasuries.
According to CryptoQuant’s weekly report posted on September 5, Bitcoin treasury holdings by both public and private companies have hit a new milestone of 840,000 BTC in 2025. This showcases the growing institutional interest in the cryptocurrency market. Despite this impressive number, there is a noteworthy slowdown in monthly purchases, indicating a potential decrease in corporate demand for Bitcoin.
One of the most aggressive institutional accumulators of Bitcoin, Strategy, has significantly reduced its buying pace by 97% over the last year. After reaching an all-time high of 134,000 BTC in November 2024, the company only purchased 3,700 BTC in August 2025. Other Bitcoin treasuries have also been more cautious in their approach, adding 14,800 BTC in August. However, these volumes are still lower than the peak levels seen earlier in the year. This data suggests that while overall holdings are at record levels, the influx of new institutional funds into Bitcoin may be slowing down.
In terms of price, Bitcoin is currently trading at $110,942, with a slight increase of 0.48% in the last 24 hours. Daily trading volume has also gone up by 4.56% to $61.05 billion, indicating steady market activity. However, the cryptocurrency is facing resistance at the $113,700 level, which has proven difficult to break through in recent attempts.
The CryptoQuant report paints a picture of corporate treasuries being hesitant to make large-scale investments in Bitcoin, opting instead for smaller and more conservative purchases. This behavior suggests that while Bitcoin continues to be viewed as a valuable treasury reserve asset, the growth in demand from institutions may be slowing down. This raises concerns about how these treasury companies will navigate any potential downturn in the cryptocurrency market.
Overall, while Bitcoin has experienced some positive price movement recently, the data from CryptoQuant highlights a cautious approach from institutional investors, which could have implications for the future trajectory of the cryptocurrency market.