TechFlow News: According to a CryptoQuant research report dated March 25, 2026, the Bitcoin treasury market has become highly concentrated on a single entity. Strategy accelerated its BTC purchases by approximately 45,000 BTC over the past 30 days—the fastest pace in the past year—and now holds about 76% of all BTC held in corporate treasuries. Meanwhile, BTC purchases by other treasury-holding companies have plunged roughly 99% from their peak, totaling only about 1,000 BTC—just 2% of total purchases—and the number of participating companies has sharply declined from a peak of 54 to just 13. This indicates that enterprise-level Bitcoin demand is now heavily reliant on Strategy alone, with the market lacking diversified demand support.
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