Corporate treasuries and large exchange-linked whales now hold an estimated 1 million BTC, signaling a fresh wave of institutional allocation. Names from J.P. Morgan to major Coinbase whales are cited among buyers as firms move to avoid being left behind.
Michael Saylor’s MicroStrategy remains the largest corporate Bitcoin holder, but its share slipped in October as accumulation slowed and other firms expanded holdings. The shift highlights growing competition among corporate treasuries for BTC exposure.