Major Bitcoin Breakout Could be Brewing as Retail and Institutions Stack ‘Relentlessly’

Bitcoin is holding steady around $108,716, according to CoinDesk Data, but behind the flat price action are signs of a potential breakout as both retail and institutions ramp up accumulation. On Aug. 29, André Dragosch, European head of research at Bitwise, noted that corporate adoption of bitcoin has accelerated at a historic pace. He said that July and August alone saw the creation of 28 new bitcoin treasury companies and an increase of more than 140,000 BTC in aggregate corporate holdings. That figure is nearly equivalent to the total amount of new bitcoin mined in a year (which is around 164,000 BTC), underscoring how demand from treasuries is soaking up supply faster than it is produced. The accompanying Bitwise chart showed a steep upward curve, highlighting how companies are increasingly treating bitcoin as a reserve asset in the mold of Michael Saylors' Strategy (MSTR). Chart showing corporate bitcoin treasury growth in July and August 2025 [https://cdn.sanity.io/images/s3y3vcno/production/9710aa552cc4c26c1fa8503d372e4f7ac51e5fa0-1476x1476.jpg?auto=format] Moments later, Dragosch addressed a popular narrative among analysts that bitcoin could “top out” in 2025 because of post-halving cycle patterns seen in earlier…