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Corporate Bitcoin Purchases are Cooling of from $2.57B in August to $33.74M per week in "Trumptober"

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by COINS NEWS 14 Views

Corporate Bitcoin Purchases are Cooling of from $2.57B in August to $33.74M per week in "Trumptober"

There has been a noticeable decline in the capital inflow into Bitcoin treasuries over the past few months. According to SoSoValue data, weekly net inflows into non-Bitcoin mining companies hit $2.57 billion in early August, but since then, the trend has steadily declined, averaging $33.74 million in the week ending October 20.

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