Analysis: BTC Faces Short-Term Pressure, Triggering First Three Consecutive Weeks of Selling by Bitcoin Treasury Companies; ETFs Record Net Outflows for Five Straight Weeks

Odaily According to data from Capriole Investments, corporate treasuries holding Bitcoin have seen three consecutive weeks of selling. Nic Puckrin, co-founder of Coin Bureau, stated that if companies continue to sell off, Bitcoin's price could fall towards bear market lows. Among specific holders:

1. Bitdeer has sold its entire holding of 943 Bitcoins, reducing its treasury balance to zero.

2. The publicly listed company Cango Inc., ranked 27th, reduced its Bitcoin holdings by over 54% in the past two weeks, from 8,095 BTC to 3,644 BTC, valued at $246 million.

3. Exodus Movement's Bitcoin holdings decreased from 1,704 BTC to 1,694 BTC, valued at $114 million.

4. AI education company Genius Group reduced its holdings from 180 BTC to 84 BTC, valued at $5.6 million.

Additionally, U.S. spot Bitcoin ETFs have recorded net outflows for five consecutive weeks, with outflows totaling approximately $2.6 billion year-to-date in 2026. (Cointelegraph)