Bitcoin Institutional Buys Slow as Bitcoin Hyper Raises $14.4M in Presale
Institutional Bitcoin Demand Weakens August saw a slowdown in institutional Bitcoin activity. On-chain data shows corporate treasuries added fewer BTC compared to earlier months, with Strategy acquiring just 1,200 BTC and other firms averaging around 343 BTC. Meanwhile, ETFs posted net outflows of more than $1 billion during the week of August 18, one of…