Miners are buying cheap BTC as corporate treasuries pause, report says

Bitcoin miners are capitalizing on an opportunity to accumulate BTC at below-market prices while corporate Digital Asset Treasury (DAT) companies are slowing their purchases, according to a recent report from BitcoinTreasuries cited by Cointelegraph. The report notes that miners are in an advantageous position as they can acquire BTC for less than its market value, allowing them to maintain their holdings from the open market. In contrast, DAT companies are expected to purchase 40,000 BTC in the fourth quarter, the lowest volume since the third quarter of last year. This slowdown is attributed to these firms digesting recent acquisitions and assessing risk. The trend reportedly began last month after BTC fell below $90,000 for the first time since April. Currently, about two-thirds of the 100 companies that have bought BTC are holding unrealized losses.