By Isaac • September 17, 2026 11:21 am •
Corporate Bitcoin buying has slowed to a fraction of last year’s pace.
Public companies have added only about 5,900 Bitcoin so far in 2026, according to a new Cointelegraph summary of Glassnode data. That is less than 7% of the 89,000 BTC companies bought in July 2025 alone.
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The slowdown matters because Bitcoin is now trading below the estimated cost basis for the corporate treasury group. CoinGecko showed the market’s largest cryptocurrency near $76,600 on Thursday, while Glassnode put the aggregate corporate treasury cost basis at roughly $80,500.
New buying is no longer lifting the whole group.
A treasury strategy can look straightforward when prices keep moving higher: raise capital, buy Bitcoin, and let the market
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