A reserves company’s bitcoin holdings saw the total market value evaporate by more than $100 billion

robot
Abstract generation in progress
CoinDesk消息,analyst darkfost monitored and the data show that since October 2025, the total market value of the “reserve companies” holding Bitcoin has evaporated by more than $100 billion; the valuation fell from $396 billion to $272 billion. Despite the decline in asset market value, the total amount of BTC held by these companies increased from 950k to 1.14 million. Their large-scale accumulation mainly took place between November 2024 and October 2025, when the entry price range was between $750,000 and $1.25 million; during this period, the holdings volume tripled. However, since May this year, as the market moved into the “deeply undervalued” zone, these companies’ pace of additional buying has slowed significantly, even trending toward a standstill. The market’s focus is whether, as top firms like Strategy begin a selling-off mode, these reserve companies that entered at “high levels” will choose to “cut losses” and exit at “low levels.”
BTC0.41%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
Add a comment
Add a comment
HeavyStakingOnASnowyNight
· 5h ago
Even the strategies have started selling—if there’s a chain reaction later, just think about the sell pressure from these 1.14 million coins, it’s exciting.
View OriginalReply0
FloatingMirrorSphere
· 6h ago
After $100 billion evaporated and they’re still holding on—these reserve companies can take it even more than I can.
View OriginalReply0
GateUser-b6d80ba0
· 6h ago
Setting up a position at 75k–125k now is indeed awkward at this level; if it were me, I’d also just lie low and not move.
View OriginalReply0
MistValleyFront
· 7h ago
From 950,000 to 1.14 million coins—buy more as it drops? I know this script: in the end, it’ll either make you a legend… or get “legended”… (the whole “legend” thing).
View OriginalReply0
GateUser-917390d5
· 7h ago
The one who bought at the top is now pretending to be dead—pretty realistic.
View OriginalReply0
  • Pinned