Glassnode: Bitcoin treasury company monthly holdings increase is less than 10% of the peak

Glassnode's latest weekly report shows that as of October 19, the average holding cost of the Bitcoin treasury companies it tracks is approximately $80,200.

The daily closing price of Bitcoin has remained above this level since September 18, but corporate buying has not resumed with the price rebound. The monthly increase in holdings since June has been less than 10% of the peak in November 2024.