๐ฐ BIG MONEY IS STILL BUYING CRYPTO โ EVEN WITH THE MARKET SHAKING
This is one of those stories that can easily get overlooked.
While $BTC, $ETH and $SOL have been having a rough September, some publicly traded companies are still quietly adding to their crypto treasuries. ๐
Strive just reached 25,000 $BTC after buying another 469 BTC.
BitMine added 27,180 ETH, bringing its holdings to nearly 5.96 million ETH.
And DeFi Development Corp. increased its treasury to around 2.39 million SOL.
Think about that for a second.
Retail traders are getting nervous when prices pull back โ but some companies are using the weakness to build bigger positions.
Of course, that doesn't mean prices have to go up. These companies can be wrong too.
But when billions of dollars are being committed while the market is weak, I pay attention.
The real question now is:
๐ฅ Are these companies earlyโฆ or are they buying into another major correction?
#Crypto #Bitcoin #BTC #Ethereum #ETH #Solana #SOL #CryptoNews #BitcoinNews #Altcoins
This is one of those stories that can easily get overlooked.
While $BTC, $ETH and $SOL have been having a rough September, some publicly traded companies are still quietly adding to their crypto treasuries. ๐
Strive just reached 25,000 $BTC after buying another 469 BTC.
BitMine added 27,180 ETH, bringing its holdings to nearly 5.96 million ETH.
And DeFi Development Corp. increased its treasury to around 2.39 million SOL.
Think about that for a second.
Retail traders are getting nervous when prices pull back โ but some companies are using the weakness to build bigger positions.
Of course, that doesn't mean prices have to go up. These companies can be wrong too.
But when billions of dollars are being committed while the market is weak, I pay attention.
The real question now is:
๐ฅ Are these companies earlyโฆ or are they buying into another major correction?
#Crypto #Bitcoin #BTC #Ethereum #ETH #Solana #SOL #CryptoNews #BitcoinNews #Altcoins
