MicroStrategy dominates corporate BTC buying as other firms pull back

MicroStrategy (MSTR) has effectively led corporate Bitcoin accumulation over the past 30 days, purchasing approximately 45,000 BTC, according to an analysis by CryptoQuant. CoinDesk, citing the analysis, reported that other Digital Asset Treasury (DAT) firms bought just 1,000 BTC during the same period. As a result, MicroStrategy's holdings now account for about 76% of the total BTC held by corporations. The report noted that the recent sharp decline in buying from DAT firms suggests that the anticipated expansion of institutional demand may be faltering.