Strategy just made a significant move on Bitcoin. The firm scooped up 13,627 BTC for $1.25 billion, averaging around $91,519 per coin. With this purchase, Strategy's total Bitcoin stash now sits at 687,410 BTC. A major play for sure—institutional players are continuing to stack sats even as market conditions shift.
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AltcoinTherapist
· 19h ago
Institutions are secretly accumulating again. If you ask me, this is like playing chess, while retail investors are still struggling with the ups and downs.
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LiquidationWatcher
· 01-12 16:53
Institutions really aren't afraid, buying 13,627 Bitcoins on a whim... such a move.
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ILCollector
· 01-12 16:50
Institutions are still pouring money wildly; how long can this pace last?
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StableGenius
· 01-12 16:41
lol 687k btc? that's genuinely concerning if you think about the actual distribution math here. institutional accumulation at these prices just sets up the inevitable dump that everyone claims they didn't see coming
Strategy just made a significant move on Bitcoin. The firm scooped up 13,627 BTC for $1.25 billion, averaging around $91,519 per coin. With this purchase, Strategy's total Bitcoin stash now sits at 687,410 BTC. A major play for sure—institutional players are continuing to stack sats even as market conditions shift.