Bitcoin Treasury Firms Aren’t Soaking Up BTC Supply Anymore

"Bitcoin treasury firms are no longer aggressively purchasing Bitcoin, which has resulted in a noticeable decline in their absorption of the available supply of BTC in the market." source: https://www.coindesk.com/markets/2025/10/16/bitcoin-treasury-firms-aren-t-soaking-up-btc-supply-like-they-used-to