Memo to Bitcoin: Corporate Treasuries Just Went on Strike (Except for One Brave UK Company)

Corporate bitcoin buying just took a nap—a very, very long nap. We're talking comatose here, folks. SoSoValue data shows listed companies bought just $70,000 of bitcoin last week, a 99.93% drop from the week before, with only BHODL adding 1 BTC while the majors sat this one out. To put this in perspective, that's less than what most degens lose on a bad leveraged trade before lunch.

As of 8 a.m. Eastern on March 30, 2026, non-mining listed firms worldwide added a net 1 bitcoin over the period—compare that to hundreds of times that figure just seven days earlier. It's one of the weakest weekly prints since SoSoValue began tracking corporate treasuries, and it comes as spot prices chop sideways and ETF flows turn jittery. The corporate world basically looked at bitcoin's price action, shrugged, and went back to staring at spreadsheets.

The slowdown is especially visible among the usual suspects. Strategy, the firm formerly known as MicroStrategy and long the poster child for corporate bitcoin bets, "has not announced any Bitcoin purchases" for the week, SoSoValue notes. Japanese listed company Metaplanet also stayed on the sidelines, registering "eleven consecutive weeks without purchases" after a run of smaller but regular buys in 2025. Together, these two have been among the most consistent incremental buyers in past quarters—with Strategy alone at one point holding over 1% of total supply in its treasury. Apparently even the most degened-out corporate treasuries need a coffee break sometimes.

Only BHODL steps in as others pause

Against that backdrop, UK-based bitcoin company BHODL was the only listed entity SoSoValue records as adding to its stack last week. On March 26, BHODL "announced it invested $72,832 to buy 1 Bitcoin"—a modest purchase in absolute terms but one that stands out in an otherwise barren week. Someone get this company a cape.

Meanwhile, two European firms laid out plans to scale exposure via deals and fresh capital rather than immediate spot buying. Swedish health-tech company H100 said it intends to acquire Norwegian firms Moonshot AS and Never Say Die AS through an all-stock transaction, with the goal of increasing its bitcoin holdings to 3,501 BTC once the deal closes. French bitcoin asset manager Capital B, meanwhile, "announced it has completed a financing of 2.8 million euros to advance Bitcoin purchases," effectively raising dry powder rather than deploying it immediately. Translation: they're loading up the magazine but haven't started shooting yet.

Despite the near-zero weekly flow, corporate treasuries remain a meaningful structural holder of the asset. SoSoValue calculates that publicly listed companies (excluding miners) now hold a combined 1,