Companies Cut Bitcoin Holdings by a Net 11,647 BTC Last Week

Companies collectively reduced their Bitcoin (BTC) holdings by a net 11,647 BTC last week, a change valued at about $869 million. The figure captures the combined weekly movement in company-held Bitcoin after increases and reductions are offset against one another. It describes a decline of 11,647 BTC in the aggregate balance, rather than a gross count of every bitcoin transferred or sold during the period. The dollar estimate expresses the same net change in U.S. currency; it is not a separate amount to add to the BTC total. The two reported values imply an approximate valuation of $74,600 for each bitcoin in the net decrease, based on dividing $869 million by 11,647 BTC. That is an average derived from the aggregate figures, not a separate market-price quote.

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