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Daily Summary2026-10-22

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BTC Treasury Firms' Buying Slumps
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BTC Treasury Firms' Buying Slumps

Glassnode’s weekly report puts monthly bitcoin accumulation by treasury companies below 10% of its November 2024 peak in every month since June. The firm puts the group’s average holding cost at about $80,200 as of 19 October and notes bitcoin’s daily close has held above that level since 18 September. Glassnode frames the companies as in profit but barely buying. No companies are named.