
Public companies and exchange-traded funds (ETFs) have been on a Bitcoin-buying spree, gobbling up a whopping $26,501,817,432 in just three months, according to the founder of The Kobeissi Letter, Adam Kobeissi. That’s right, folks – it’s raining BTC in the corporate world!
Kobeissi, who boasts a staggering 938,700 followers on X, tells us that the corporate demand for Bitcoin is “incredibly strong.” Well, duh! Who wouldn’t want a piece of that sweet, sweet crypto pie?
According to Kobeissi, public companies and ETFs acquired a combined 242,766 BTC in the quarter that ended on June 30th. That’s like buying a small country’s worth of Bitcoin!
“Public companies purchased 131,355 Bitcoins in Q2 2025, growing holdings by +18%, according to Bitcoin Treasuries data.
Furthermore, ETFs acquired 111,411 BTC, posting an +8% rise during the same period.
This marks the third consecutive quarter in which companies have bought more Bitcoin than ETFs.
Year-to-date, public companies have purchased 237,664 Bitcoin…
Now, public companies hold ~855,000 Bitcoin, or ~4% of the total supply.
Corporate demand for Bitcoin is incredibly strong.”
As companies and ETFs continue to devour Bitcoin like a pack of hungry wolves, the pseudonymous crypto analyst and trader, DonAlt, warns investors that he doesn’t see the accumulation ending well for BTC. But hey, who needs a happy ending when you’ve got a rollercoaster ride of a market, right?
For now, DonAlt suggests being cautiously bullish on Bitcoin. After all, who doesn’t love a good game of crypto roulette?
“To me this is very clear, right? Like this is a clear kind of Ponzi/bubble forming. And it’s really hard to be bullish into that, right? Because you know like, ‘Hey, this is going to implode.’ Like you know how this is going to end. Everyone knows how it’s going to end. That has been around for a little bit.
The thing is that in the time that I have been in crypto, whenever a bubble has formed, this is when you actually start having a lot of fun, right? This is when stuff goes up infinitely in a very short amount of time. But then you also have to get out really quickly.”
At the time of writing, Bitcoin is trading at $108,773. So, grab your popcorn and enjoy the show, folks! 🍿
Read More
- How to Unlock the Mines in Cookie Run: Kingdom
- Solo Leveling: Ranking the 6 Most Powerful Characters in the Jeju Island Arc
- Gold Rate Forecast
- Bitcoin Frenzy: The Presales That Will Make You Richer Than Your Ex’s New Partner! 💸
- Bitcoin’s Big Oopsie: Is It Time to Panic Sell? 🚨💸
- Most Underrated Loot Spots On Dam Battlegrounds In ARC Raiders
- Gears of War: E-Day Returning Weapon Wish List
- All Games Coming To Game Pass In 2025
- The Saddest Deaths In Demon Slayer
- How to Find & Evolve Cleffa in Pokemon Legends Z-A
2025-07-08 17:42