Corporate Treasuries Outpace ETFs in Bitcoin Acquisitions for the Third Consecutive Quarter

Public companies have continued to acquire larger quantities of Bitcoin than ETFs for the third quarter in a row. Corporate treasuries added roughly 131,000 Bitcoins to their accounts, an 18% increase, while ETFs bought 111,000 Bitcoins, marking an 8% rise. These corporations are aiming to increase shareholder value by growing their Bitcoin reserves, regardless of current price.

Currently, public companies hold around $90 billion worth of Bitcoin, with Saylor's Strategy owning 70% of this sum. Some analysts believe this trend could be a temporary ten-year opportunity which might stabilize as Bitcoin becomes more mainstream and regulations around direct cryptocurrency investments relax. Meanwhile, Ethereum is seen as the next potential target for corporate treasuries due to its potential for additional yields through staking.