Рост корпоративных биткоин-резервов резко замедлился

cryptonews.ruPubblicato 2025-09-12Pubblicato ultima volta 2025-09-12

Совокупный объем накопленных компаниями биткоин-резервов достиг в августе рекордных 840 000 BTC, но размеры покупок и транзакций упали до годовых минимумов. На это указали в CryptoQuant.

Bitcoin treasuries hit a record 840K BTC in 2025.

But growth has slowed sharply, Strategy’s monthly buys collapsed from +134K in Nov 2024 to just 3.7K in Aug 2025.

Smaller, cautious transactions show institutional demand is weakening despite the headline record. pic.twitter.com/rwLsqrz21N
— CryptoQuant.com (@cryptoquant_com) September 5, 2025

Крупнейшим казначейством в цифровом золоте располагает Strategy Майкла Сэйлора — 637 000 BTC, что составляет 76% от общего показателя. Оставшиеся 203 000 BTC контролируются 32 компаниями.

Объемы резервов начали быстро расти после президентских выборов в США в ноябре 2024 года. Strategy за это время более чем вдвое увеличила позицию в первой криптовалюте с 279 000 до 637 000 BTC. Совокупные активы других фирм выросли в 13 раз — с 15 000 до 203 000 BTC.

В августе компания Сэйлора приобрела 3700 BTC. Остальные участники сегмента купили суммарно 14 800 биткоинов, что заметно ниже среднего показателя в 24 000 BTC с начала года и значительно уступает июньскому пику в 66 000 BTC.

Средний размер транзакций у Strategy сократился до 1200 монет, у других компаний упал до 343 BTC — на 86% от максимумов начала года.

Ежемесячный рост активов фирмы Сэйлора замедлился с 44% в декабре до 5% в августе. Совокупный показатель остальных продемонстрировал аналогичную динамику, обвалившись с мартовских 163% до 8%.

В июле компании совершили 53 сделки по покупке биткоинов на баланс, в августе они сохранили активность с 46 транзакциями. Для сравнения, в ноябре 2024 года сделано всего 14 покупок.

«Более мелкие и осторожные сделки свидетельствуют о том, что институциональный спрос ослабевает, несмотря на общие показатели», — отметили аналитики CryptoQuant.

В отчете они ориентировались на компании, сфокусированные исключительно на накоплении и удержании биткоинов, владеющие не менее 1000 BTC. Эксперты исключили данные по майнерам и предприятиям с крупным операционным бизнесом вроде Tesla или Coinbase.

Напомним, основатель Capriole Чарльз Эдвардс на фоне замедления корпоративных покупок первой криптовалюты заявил о растущем риске масштабной распродажи актива.

В Galaxy Digital сравнили тренд на формирование компаний с биткоин-резервами с пузырем инвестиционных трастов 1920 годов в США.

Letture associate

An Eight-Year Investment Takes a Sharp Turn: Why Did Ethereum Suddenly Abandon Poseidon?

On August 13, Ethereum researcher Justin Drake announced a significant shift in Ethereum's Layer-1 cryptographic roadmap: abandoning the SNARK-friendly hash function Poseidon in favor of traditional functions like SHA2 or BLAKE2. This decision ends eight years of research and investment, marking a major revision to the post-quantum security strategy. Poseidon, introduced in 2019, was highly efficient for zkRollups and zkVMs within SNARK circuits. However, its need for prolonged cryptanalysis and the pressing timeline for quantum resistance revealed limitations. Recent breakthroughs in SNARK design, specifically using binary fields, now enable traditional, battle-tested hash functions to perform as efficiently as Poseidon within SNARKs. Benchmarks show modern laptops can now verify over a million traditional hash calls per second. This change is partly driven by accelerated concerns over quantum computing threats. Reports warn that "Cryptographically Relevant Quantum Computers" could break current blockchain signatures like ECDSA by the early 2030s, risking trillions in assets. Ethereum's response focuses on hash-based post-quantum signature schemes, deemed more quantum-resistant than some lattice-based alternatives under pressure from AI cryptanalysis. Ethereum's updated post-quantum roadmap targets a production-ready "leanVM" for signature aggregation by 2027, with full deployment across consensus, execution, and data layers by 2028. The shift to mature hash functions like SHA2 reduces reliance on newer algorithms and aligns with the goal of using widely analyzed cryptographic primitives. Other major blockchains are also preparing. Solana's core teams have independently chosen the NIST-standardized Falcon signature scheme for its compact size. Starknet plans a phased migration, starting with replacing its Pedersen hash with BLAKE2. Ethereum's move signifies a strategic pivot towards proven security foundations for the quantum era.

marsbit39 min fa

An Eight-Year Investment Takes a Sharp Turn: Why Did Ethereum Suddenly Abandon Poseidon?

marsbit39 min fa

Programmers Worldwide Are Wasting Money on Anthropic! The Company Can't Stand It Anymore

Anthropic recently published guidelines to help developers using Claude Code reduce unnecessary token costs. The key recommendations include: 1) Clear (/clear) conversations after completing a task to avoid carrying irrelevant file reads and command outputs into the next task. 2) Set the model and reasoning effort level at the start of a session, as switching mid-session invalidates the prompt cache, requiring a full-price recalculation of the entire dialog history. 3) Attach files using @ references instead of typing paths manually to avoid extra tool calls and searches that bloat the context. 4) Add quiet flags to verbose commands (e.g., in CLAUDE.md) to minimize lengthy output in the dialog history. 5) Use /compact while the session cache is still warm (before breaks) to compress the dialog at one-tenth the cost. 6) Offload large-output tasks to a sub-agent, which runs in an isolated context and only returns conclusions, preventing intermediate outputs from polluting the main dialog. The article explains token pricing: input tokens (prefill) are processed in parallel, while output tokens (decode) are generated serially, making output tokens five times more expensive. Caching is crucial for savings—if a request's prefix (system prompt, CLAUDE.md, dialog history) matches the previous one byte-for-byte, reading it costs only 10% of the standard input price. However, cache invalidation occurs when changing models, effort levels, fast mode, compressing dialogs, after cache expiration, or when resuming old sessions. Dialog history also grows quadratically (O(n²)) as file contents and command outputs accumulate, increasing costs per round. Proactive context management—like isolating noisy tasks, using /rewind to trim unproductive turns, and task-based session clearing—is becoming an essential skill for cost-effective AI-assisted development.

marsbit2 h fa

Programmers Worldwide Are Wasting Money on Anthropic! The Company Can't Stand It Anymore

marsbit2 h fa

Pax Silica vs. WAICO: The US Wants to Prohibit Europe from Using Chinese Artificial Intelligence

The United States is preparing to demand that European and other partners abandon Chinese artificial intelligence initiatives, threatening exclusion from the American-led "Pax Silica" coalition, according to a leaked U.S. State Department document. This ultimatum forces signatories of the "AI Opportunity Statement" to choose between the Western technological ecosystem and alternative frameworks, with China not explicitly named but clearly targeted. Pax Silica is a U.S. strategy for AI and semiconductor hegemony, launched in late 2025. Its European presence expanded significantly in mid-2026. Concurrently, China, Russia, and 27 other nations established the World AI Cooperation Organization (WAICO) in July 2026 as an independent intergovernmental platform promoting AI governance based on UN principles. This situation creates a difficult choice, especially for European nations balancing strategic autonomy with dependence on U.S. tech and security. It also pressures Global South countries with pragmatic ties to both Washington and Beijing. The formation of competing blocks risks fragmenting the global tech landscape, forcing companies to split supply chains, increasing costs, and potentially leading to incompatible standards and protocols. The era of open globalization in AI may be ending, replaced by geopolitical confrontation where technological sovereignty trumps economic efficiency. The decisions made will shape the global digital economy for decades.

cryptonews.ru4 h fa

Pax Silica vs. WAICO: The US Wants to Prohibit Europe from Using Chinese Artificial Intelligence

cryptonews.ru4 h fa

Paul Tudor Jones' Bet on BlackRock's Bitcoin ETF Reaches $22.9 Million

Tudor Investment Corp, a macro hedge fund founded by Paul Tudor Jones, disclosed owning 688,529 shares of the BlackRock iShares Bitcoin Trust (IBIT) in its latest 13F filing. As of June 30, the stake was valued at $22.9 million, marking an 18.9% increase from the previous quarter. This positions Jones among traditional asset managers increasingly using spot Bitcoin ETFs for crypto exposure. With Tudor managing approximately $106 billion, the IBIT investment remains a small portion of its overall portfolio. A long-time Bitcoin advocate, Jones has consistently framed the asset as an inflation hedge rather than a speculative trade. His recent shift from Bitcoin futures to a direct, growing stake in a regulated spot ETF reflects both Bitcoin's mainstream adoption and his preference for traditional investment structures. IBIT, commanding about 49% of the U.S. spot Bitcoin ETF market, remains the dominant institutional vehicle. While not a major bet for a fund of Tudor's size, Jones's steady quarterly increases signal Bitcoin is evolving from a symbolic holding to a permanent portfolio fixture. The market will watch the next 13F filings in mid-November to gauge the sustainability of this trend and the conviction behind his longstanding bullish stance.

cryptonews.ru6 h fa

Paul Tudor Jones' Bet on BlackRock's Bitcoin ETF Reaches $22.9 Million

cryptonews.ru6 h fa

Robert Kiyosaki Shares His Mentor's Predictions About the Emergence of Bitcoin and AI

American entrepreneur and author of "Rich Dad Poor Dad," Robert Kiyosaki, discussed the influence of futurist R. Buckminster Fuller on his worldview, linking Fuller's past technological predictions to the emergence of Bitcoin and the development of artificial intelligence. In an X post, Kiyosaki also reflected on personal purpose, sharing his journey from the music business—where he worked with bands like The Police and Iron Maiden—to creating the "Cashflow" board game and writing his famous book. He described feeling an inner emptiness despite his success, a turning point that came after meeting Fuller, whom he studied with for three summers. Kiyosaki described Fuller as a "friendly genius" who foresaw world-changing developments like Bitcoin and AI. However, the core of his post focused on Fuller's philosophical impact, particularly a quote about belonging to the universe and finding purpose by dedicating one's life to the maximum benefit of others. The entrepreneur remains a vocal advocate for cryptocurrencies. He regularly advises buying Bitcoin during market panics, viewing it and assets like Ethereum, gold, and silver as hedges against traditional financial system failures. Kiyosaki has predicted a major market crash by 2026, seeing it as an opportunity for prepared investors, with long-term price targets including $750,000 for Bitcoin and $95,000 for Ethereum.

cryptonews.ru6 h fa

Robert Kiyosaki Shares His Mentor's Predictions About the Emergence of Bitcoin and AI

cryptonews.ru6 h fa

Trading

Spot