Institutions Buy Dip: +18.7K BTC to Bitcoin Treasuries
Bitcoin treasuries accumulated a net 18,700 BTC in November, despite a 15.6% price correction from $103K to $86K. This institutional accumulation pushes total corporate and institutional Bitcoin treasuries to 1,860,977 BTC, roughly 9% of the circulating supply. Even as retail sentiment weakened, long-term holders stepped in, making November’s inflow one of the strongest monthly additions of 2025. The six-month trend line for treasury holdings shows consistent accumulation through rallies and corrections, signaling continued institutional conviction. MicroStrategy, the world’s largest corporate BTC holder, underlined this strategy by raising $21 billion year-to-date across equity and debt, and reiterated plans to keep buying. With new Bitcoin issuance remaining low, the growing supply squeeze could support price recovery. Overall, recent treasury flows suggest institutions view this dip as a buying opportunity rather than a risk.
Bullish
Institutional net purchases of 18,700 BTC in November signal strong institutional conviction despite a sharp 15.6% price correction. By locking 1.86 million BTC in corporate treasuries—nearly 9% of circulating supply—major holders like MicroStrategy are tightening market supply, creating a supply squeeze that typically underpins bullish price momentum. Historical parallels include the 2020 bull run, when large-scale institutional accumulation preceded sustained rallies. The continued inflow into Bitcoin treasuries through both up and down markets suggests that long-term investors view dips as buying opportunities, bolstering market stability and setting the stage for potential upside recovery. While short-term volatility may persist, concentrated treasury holdings and low new issuance reinforce a bullish outlook for Bitcoin.