Public Companies Net-Sold 11,647 BTC. Two Names Did Most of the Work
Lookonchain’s weekly tally is real. Strategy and Strive were still buyers in the same window, and ETF outflows were larger than the corporate net.
Follow the ideas, people and turning points behind the story.
Lookonchain’s weekly tally is real. Strategy and Strive were still buyers in the same window, and ETF outflows were larger than the corporate net.
Coverage puts difficulty about 5% under the October 2025 high after more than a year. That describes miner economics, not a halted chain.
Watcher Guru marked the break on November 6. Follow-up coverage ties the slide to ETF outflows and liquidations, not a single new protocol failure.
The miner ended Q3 with 2,418 BTC after a net drop of 8,962. The same release leases Corsicana’s 910 MW to a frontier AI lab.
The CEO’s Lugano line is real. It is not a verified new 50,000 BTC purchase, and the gap sits outside the USDT attestation math.
The Supreme Court upheld a robbery conviction over about 2.48 BTC. The Bank of Thailand’s “not legal tender” letter did not save the defense.
Kalshi and crypto.news say search interest slumped while BTC traded near $81,000. Trends measures relative curiosity, not holdings.
VSS disclosed about $7.5 million of Metaplanet stock. That is equity exposure to a bitcoin treasury company, not a bitcoin purchase by Vanguard.
FINMA approved BIT Asset Management’s BBIT for retail investors. The useful distinction is fund law versus the debt-style ETPs Switzerland already lists.
Watcher Guru said Strategy was out. CoinDesk’s reporting says the list lands November 11 and the change takes effect November 30.
Strategy did buy bitcoin last week: 1,036 of them. It spent more than twice as much buying back its own preferred stock.
Watcher Guru made it sound like a forecast. The Barron’s interview behind it describes coins that already changed hands, and they are not new buying.
Farside’s Friday flow table shows $411.9 million leaving US spot Bitcoin funds. A Saturday price bounce is a different measure.
Matt Cole’s chart is real. A new Strive Bitcoin purchase is still unconfirmed.
The Sunday chart has people watching Strategy again. It does not confirm another purchase.
Strategy’s chairman has revived the familiar Sunday guessing game. His November 8 post contains no new purchase size or holdings total.
Read story↗October’s calendar trade ran into an ugly combination of weaker demand, rate anxiety and an exchange-security shock. The seasonality story did not pay the bills.
Read story↗ETFs absorbed more BTC than miners created in Q3. Most of that fund buying arrived in two short bursts, not a steady institutional march.
Read story↗Strategy disclosed $65.5 million of BTC purchases and $208.2 million of preferred-share repurchases in the same week. The balance sheet tells two stories.
Read story↗A roughly 7% September gain challenged a long-running seasonal pattern after August’s rally. It was a real market observation, not a completed monthly result.
Read story↗Bitcoin’s late-August surge coincided with substantial fresh ETF investment. Flows showed demand returning, not a permanent escape from reversals.
Read story↗The July 4 rebound reversed late-June losses. Thin trading and a short squeeze made the move worth watching, not a guaranteed signal that every seller had disappeared.
Read story↗A slide below $66,000 arrived alongside another large day of spot-ETF outflows. Strategy’s small sale became part of the debate, not a complete explanation for the selloff.
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