Michael Saylor’s Strategy saw its Bitcoin holdings decrease in October, reflecting broader trends of corporate treasury growth. While still holding the largest share (60%) of corporate Bitcoin holdings, its dominance declined as new companies added crypto to their reserves. 2025 has seen a shift towards increased public and private company buying of Bitcoin, though purchases are now at a slower pace. Metaplanet led October’s acquisitions with 5,268 BTC, while Coinbase also significantly boosted its holdings, increasing by 2,772 BTC. The surge in corporate treasuries, along with stock buyback programs, signifies a growing trend of holding Bitcoin for long-term purposes.