Here is the reason for the 12 % decrease in bitcoin in the first quarter, despite the purchase of heavy companies

It was found that the first quarter of 2025 is the worst Bitcoin first in the seven years. The leading digital assets lost at least 12 % of its value between January and March, despite the intense accumulation of corporate entities.

Cryptoquant market analysis platform Make up This long -term activity on the series is the reason why BTC decreased dramatically despite the purchase of major companies.

Corporate entities accumulate greatly

Public companies that embraced Bitcoin acquired a total of 91,781 BTC in the first quarter of 2025. The business intelligence company (previously known as Microstrate) was the highest purchases, with a total of 81,785 BTC about 8 billion dollars. The entity now has 528185 BTC with a value of $ 45.64 billion at the time of the press.

Cryptoquant said the acquisition of 8,888 BTC by Tether Tether was surprising. The purchase of the company’s BTC cache raised the company to 92,646 BTC, at a value of approximately $ 7.96 billion at the current Bitcoin price.

Besides strategy and spices, other companies that bought BTC include Metaplanet, health care technology provider, Semler Scientific, and Blockchain group, which develops Blockchain technologies for business sectors. Between January and March, Metaplanet topped the Bitcoin hood with 2,285 BTC, Semler Scientific got 1,108 BTC, while bought Blockchain 605 BTC group.

In addition to the acquisitions, some other companies have revealed plans to obtain BTC in the new quarter. One of them is the pioneer in Marchhon Digital Digital Bitco Mining, who unveiled the sale of $ 2 billion directed towards the purchase of BTC. Also, Gamestop Gamestop has suggested that retail electronics have a $ 1.5 billion transfer notes that offer BTC purchase after adopting a Bitcoin reserve strategy.

Long -term holders have been sold

Amid all these acquisitions and BTC purchase ads, BTC Q1 2025 closed with a negative return of 12 %. Cryptoquant attributed the decrease in activity by long -term holders. The supplies of this group of investors decreased by 178,000 BTC, adding the pressure pressure on the cryptocurrency and compensation for the bullish momentum from the purchase of companies.

Moreover, the pressure pressure was intensified through external flows from the boxes circulating on the Bitcoin Stock Exchange (ETFS)-investors withdrawing at least $ 4.8 billion from this money in the first quarter.

With the start of the second quarter, Cryptoquant sees an imminent battle between the new purchases caused by the demand for companies and the pressure of the current exchange owners. It remains to see whether the BTC will end in a positive note.