Non-Mining Listed Companies’ Net Bitcoin Purchases Fall 85.2% as Bitmine Holds About 4.9% of Ether Supply

Publicly listed firms outside the mining sector recorded $75.49 million in net Bitcoin (BTC) purchases for the week ending Nov. 1, an 85.2% decline from the week before that marks a sharp pullback in corporate demand. The tally was measured at 8 a.m. ET (13:00 UTC) Nov. 2. The previous week’s figure was about $510 million, based on the earlier weekly tally of public-company Bitcoin buying. The new total remained positive, indicating the group continued to buy more than it sold on a net basis, but at a much slower pace.