Bitcoin is in conflict where most people see it coming. Large companies added thousands of BTC to their balances in the first quarter of 2025, but the currency prices did not reflect the expected enthusiasm.
Bitcoin fell from 94,000 to $82,000 instead of filming, according to the Crypto Analysis Company Report.
The data reveals the long-term battle between Hodlers, which benefited in large quantities, And institutional investors whose purchase pressures were unable to overcome the offer.
Companies have entered Bitcoin games strongly
Bitcoin’s institutional appetite marked a milestone in the first few months of 2025. The public company has obtained 91,781 BTC.
Among the outstanding names was that on April 1, 8,888 BTC added 8,888 BTC to its portfolio, with the company behind USDT Stablinin appearing on Tether at a cost of around $735 million. This operation has resulted in their holdings reaching 92,647 BTC..
The decision has not been surprised since Tether announced it in May 2023. Allocate 15% of your quarterly profit to buy Bitcoin.
but, The true giant is strategy, and he merged his position as the biggest corporate whale. The company purchased 81,785 BTC in the first quarter and invested more than $8,000 million.
His last acquisition, registered on March 31, included 22,048 BTC, as reported by Cryptootics. At the end of the quarter, the strategy had 528,185 BTCtotaling $350 million, with an average price of $67,458 per unit.
Other companies also took part in the heat. The blockchain company, a European company focused on data and consulting, purchased 580 BTC on March 26th and sourced the Treasury Ministry at 620 BTC.
Semler Scientific, the US health division, acquired 1,108 BTC in the first quarter of 2025, reaching a total of 3,192 BTC. Japanese investment company Metaplenet added 160 BTC on April 1, adding $13.4 million in investment. Carrying holdings at 4,206 BTC.
Bitcoin purchase plan on the horizon
The profits of the companies didn’t stop there. Bitcoin mining heavyweight Digital Holdings Marathon launched its stock offer on March 31st $2,000 million to get more BTC.
Currently, the company owns 46,376 BTC, and according to Bitcoin Treasuries data, it remains only MicroStrategy, and is located as the second largest spare among trading companies.
Also, GameStop, a well-known video game company, announced on April 1st. raised $1.5 billion with the main purpose of purchasing Bitcoin as a strategic asset.
So, if a company accumulates almost 95,000 BTC, why do prices fall apart? The answer is on the other side of the battlefield.
Hodler took control
Long term holders were sold while the company purchased. According to Cryptoquant, These Hodler’s hands supply fell to 178,000 BTC in the first quarterThe movement compensated for the purchase of institutions and created strong sales pressure.
They participated in this $4.8 billion in cash from Bitcoin ETFsthe cause that worsened the price decline.
Furthermore, the global uncertainty driven by the “customs war” unleashed by the US added weight to the bearish balance.
on the other hand, Bitcoin network showed concerning signs. Julio Moreno, head of research at Cryptoquant, said network activity has entered the bear market.
Despite previous price increases, the actual use of the network was not accompanied by rhythm. This separation suggests that the value of Bitcoin is more related to speculation and accumulation than actual adoption. If purchasing pressure does not exceed the offer in the coming months, prices could face new challenges.
