Companies: Cut 360 BTC in Weekly Treasury Moves
Public companies reduced 360 BTC last week as Bitmine added 9,946 ETH; stablecoin supply rose $113.2M while DEX volumes fell.
SourceAnalysis
Public companies reduced corporate Bitcoin treasury holdings by 360 BTC ($23.22M) during July 20–26, 2026, according to Lookonchain data, while Bitmine accumulated just 9,946 ETH ($19.38M).
Total stablecoin market cap grew only $113.2M as spot DEX volume dropped 6.65% and perp volume fell 14.9% week-over-week.
On the 4h chart BTC trades at $64606.58 inside the Bollinger band with upper resistance at $65452.59; the bearish structure holds above EMA200 support at $63932.76 yet below EMA50 at $64821.82, and the MACD golden cross at -4.21 suggests any bounce toward upper-band resistance will likely stall before testing the 50-EMA level.
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