SATS(SATS) (SATS) Plunge

Over the past week, the market has digested a slow and consistent drip of Bitcoin from various whales, with the world's largest cryptocurrency reaching a key support level.

The adoption of Bitcoin treasuries slowed sharply in Q4 2025, with only nine new companies adding BTC to their balance sheets compared to 53 in the previous quarter. While 117 companies adopted Bitcoin in 2025, most hold relatively small amounts. However, the largest corporate holders, such as Strategy, continued accumulating Bitcoin, with Strategy purchasing $962 million worth in a single day. Overall, public companies hold over 1 million BTC ($90.2B), representing 4.7% of the total supply, while spot Bitcoin ETFs hold an additional 1.49 million BTC. Some firms, like Metaplanet, paused purchases, and others, like Satsuma Technology, sold portions of their holdings. Ether treasury investments also declined, with cumulative ETH acquisitions falling 81% over three months.