Corporate Bitcoin Holdings Increase Modestly in August, Total $400 Billion

Bitcoin's rally slowed in August, potentially due to decreased corporate accumulation.

Corporate entities added 47,718 BTC in August, significantly less than July's 100,000 BTC.
Total holdings across public companies, private firms, governments, and ETFs reached 3.68 million BTC, valued at $400 billion.
The increase of 1.2% in August was weaker compared to July's 4.6% rise.
Bitcoin hit an all-time high in mid-August but fell by over 11.5% to below $109,000 by month's end.

Despite fundraising efforts exceeding $15 billion from firms like Strategy (MSTR), KindlyMD (NAKA), and Metaplanet (3350), these did not translate into immediate purchases.

Public company holdings surpassed the 1 million BTC mark for the first time, doubling from late 2024.
KindlyMD made a significant purchase of 5,744 BTC worth $679 million.
Metaplanet added 1,859 BTC through four transactions.
Crypto exchange Bullish (BLSH) joined treasury rankings after its IPO, holding 24,000 BTC since March, valued at $2.6 billion.

The aggregate value of tracked treasuries declined from $428 billion in July to $400 billion in August, with Bitcoin's price easing to $108,695 by the end of the month.