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Two firms control corporate Bitcoin buys, even as business adoption broadens

River’s net holdings figures show concentration, while issuer disclosures separate fresh purchases from merger transfers, expected financing and share buybacks. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Two firms control corporate Bitcoin buys, even as business adoption broadens
CryptoSlate
AI summary

River data shows that two firms account for the bulk of corporate Bitcoin purchases, even as more businesses adopt BTC. The report notes that issuer disclosures mix fresh buying with merger transfers, expected financing, and share buybacks, complicating the true picture of corporate demand. Traders watching institutional flows should treat headline corporate BTC totals with caution since not all reported holdings reflect new market buying.

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