Corporate Bitcoin holdings reached a record cumulative level in early 2026, with treasury buyers adding nearly 62,000 BTC net in the first quarter to date. This finding comes from a BitcoinTreasuries.net report covering February 2026 corporate adoption data. The report confirmed that public and private companies added 7,798 BTC in gross purchases during February before accounting for sales.
By the end of February, all public companies held 1.13 million BTC, which is part of roughly 4 million BTC held by all tracked entities. The report estimated that corporate treasuries added almost 62,000 BTC net in Q1 2026, driven primarily by the buying activity of a single company, referred to as "Strategy."
However, February 2026 itself was the first net-negative month in the dataset's history. While gross additions were 7,798 BTC, companies sold or reduced holdings by 8,600 BTC during the same period, resulting in a net change of -807 BTC. This nuance corrects a circulating narrative that framed early-2026 corporate holdings as uniformly accumulating at a record pace.
The quarterly accumulation story leans heavily on Strategy. The company disclosed on March 2 that it acquired 3,015 BTC, bringing its total to 720,737 BTC. One week later, on March 9, it announced a much larger purchase of 17,994 BTC, pushing its holdings to 738,731 BTC. Those two March disclosures account for 21,009 BTC. Combined with Strategy's January purchase of 40,150 BTC, the company is responsible for the vast majority of the quarter's net additions.
Bitcoin Magazine noted that institutions were buying Bitcoin at 2.8 times the rate of new mining supply in early 2026, underscoring how concentrated corporate demand has become. This trend resembles the pattern seen when Tether expanded its own Bitcoin treasury, reflecting a broader shift in how companies treat BTC as a reserve asset.
This corporate conviction contrasts sharply with broader market sentiment at the time. Bitcoin traded near $74,993 while the Fear & Greed Index sat at 23, deep in Extreme Fear territory. The gap suggests corporate buyers are operating on longer time horizons than the wider retail market.
Whether the Q1 accumulation pace holds depends largely on whether Strategy continues buying and if companies that sold in February re-enter the market. The data shows a record cumulative position but a weakening monthly trend that initial headlines failed to capture.
