Bitcoin treasuries log rare selling streak as BTC trades near $66K

CoinTelegraph

by Zoltan Vardai

February 23, 2026

AI-Generated Deep Dive Summary

Bitcoin corporate treasuries have experienced a rare three-week selling streak, marking an unusual shift in market dynamics. This sustained selling pressure, tracked by Capriole Investments' Bitcoin Treasuries buy and sell indicator via Coin Bureau, has raised concerns about potential price corrections for Bitcoin (BTC). Analysts warn that continued corporate selling could push BTC toward new bear market lows, potentially deepening its recent pullback. However, some see this as a sign of market health, suggesting it may be "flushing out" speculative leverage. The streak reflects a significant shift in behavior among public companies holding Bitcoin on their balance sheets. This metric, which tracks net buying and selling activity, has historically shown limited selling periods. The current trend is the first three-week stretch of continuous selling since BTC treasuries became more prevalent. Nic Puckrin, co-founder and lead market analyst at Coin Bureau, emphasized that this sustained selling could have broader implications for Bitcoin's price trajectory. For crypto enthusiasts and investors, this development highlights both risks and opportunities in the market. While some view increased corporate selling as a natural market correction, others see it as a potential precursor to further declines. The interplay between corporate selling, ETF activity, and speculative demand will likely shape Bitcoin's near-term outlook. For those closely monitoring the market, this trend underscores the importance of understanding institutional behavior and its impact on crypto asset prices.

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Originally published on CoinTelegraph on 2/23/2026