Listed firms net-sold $21.63M BTC last week; Strategy skips buying a second week

The more telling signal is the composition, not the net figure: a single buyer in Strive is now offsetting sellers like KULR, while Strategy and Metaplanet sit out simultaneously. That shifts the marginal corporate bid away from the two names the market has treated as bellwethers and toward smaller, less predictable treasuries. Whether Strategy's pause stays a pause or becomes a pattern is the open question, since its absence removes the most visible source of steady demand.