Public Companies' Bitcoin Additions Fall 94% in Third Quarter

Publicly traded companies added a net 7,283 Bitcoin (BTC) in the third quarter of 2026, a 94% drop from the previous quarter as narrower share premiums made it harder for treasury companies to finance purchases. Strategy increased its holdings by 1,666 BTC, compared with 83,901 BTC in the second quarter. Other listed companies added a combined 5,617 BTC, down from 45,725 BTC. Together, the two groups had added 129,626 BTC in the prior quarter. The slowdown reflects a constraint in a financing approach used during the 2025 corporate treasury boom. Some companies issued shares and spent the proceeds on Bitcoin.

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