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CryptoQuant: Bitcoin Treasury Demand Currently Entirely Driven by Strategy
Mars Finance reports that CryptoQuant’s analysis on X platform states that Bitcoin treasury demand is now entirely driven by Strategy. In the past 30 days, Strategy has purchased 45,000 Bitcoins, while other companies combined have bought only about 1,000, a 99% decrease from before. Currently, Strategy holds approximately 76% of the Bitcoin treasury share, indicating a highly concentrated industry with a lack of widespread corporate demand.