Corporate Bitcoin treasuries have recorded a rare three-week selling streak, according to market data. Analysts suggest this trend, led by smaller companies trimming their holdings, could pressure Bitcoin’s price if fresh demand does not emerge. The activity coincides with sustained outflows from U.S. spot Bitcoin ETFs and increased macroeconomic uncertainty.
Bitcoin treasury companies have logged their first three-week selling streak in the segment’s short history. Data from Capriole Investments’ buy and sell indicator shows a net sell-off by public companies holding Bitcoin on their balance sheets.
Most of the selling has come from smaller corporate holders. Data from Bitcoin Treasuries shows China-based Cango Inc. reduced its holdings by over 54% over two weeks to 3,644 BTC worth $246 million.
Exodus Movement and Genius Group also trimmed their Bitcoin treasury positions. Bitdeer sold all of its corporate Bitcoin holdings, reducing its treasury balance to zero.
Analysts link the weakness to broader market headwinds and weak fund flows. Spot Bitcoin exchange-traded funds have posted five consecutive weeks of net outflows, down about $2.6 billion so far in 2026 according to Farside Investors.
President Donald Trump’s recent announcement on raising global tariff rates has increased trade policy uncertainty. “For Bitcoin, a policy uncertainty environment often triggers a short-term risk-off state, as investors prioritize cash and bonds over high-volatility assets,” said Linh Tran, a senior market analyst at XS.com.
