Bitcoin treasuries sell for three weeks as U.S. spot ETFs post fifth outflow

Corporate Bitcoin treasuries have posted three consecutive weeks of selling over the past three weeks, according to Capriole Investments, as reported by Odaily Planet Daily, which cited the firm's data. Among named holders, Bitdeer sold 943 bitcoins and reduced its treasury balance to zero; Cango Inc., ranked 27th among listed companies, cut its Bitcoin holdings by over 54% in the past two weeks, moving from 8,095 BTC to 3,644 BTC and valued at $246 million; Exodus Movement's Bitcoin balance decreased from 1,704 to 1,694 BTC, valued at $114 million; and Genius Group, an AI education company, reduced its holding from 180 to 84 tokens, valued at $5.6 million. In addition to corporate sales, U.S. spot Bitcoin ETFs have recorded net outflows for five consecutive weeks, with total outflows of approximately $2.6 billion since the beginning of 2026, according to Cointelegraph. Nic Puckrin, cofounder of Coin Bureau, said Bitcoin's price could decline toward bear market lows if corporate selling continues.