A major revelation in an SEC filing:
Bitcoin treasury company Strive made a massive purchase of 2,000 BTC between September 28 and October 2.
The average cost was about $84,422 per BTC, for a total investment of $169 million.
Just how huge is this purchase?
That’s six times the amount MicroStrategy bought over the same period!
Many people see only the numbers and miss the signal behind them.
Everyone knows MicroStrategy, which has been steadily accumulating Bitcoin in batches for years.
This time, Strive is buying in bulk with a concentrated deployment of capital—institutions are putting real money on the line, not just talking bullish.
The market is now split into two completely opposing camps:
✅A bullish view:
Institutions are willing to invest heavily around $84,000, which suggests they’re bullish on Bitcoin in the long term.
Big money has already positioned itself ahead of time, and another rally is still to come. We’re in the bottom range now.
⚠️A level-headed bearish view:
Don’t blindly follow just because institutions are buying.
Institutional investors have completely different costs and time horizons from ordinary retail investors.
They can hold on for years, while most retail investors can’t withstand a pullback.
Institutions can get stuck in losing positions too. They can have unrealized losses. Their entry doesn’t mean prices will rise immediately, nor does it mean there won’t be a steep drop.
History has taught us time and again: even after institutions publicly make large-scale purchases, deep short-term pullbacks can still follow.
Institutions are deploying hundreds of millions of dollars and can afford to wait out losses;
Ordinary people like us are investing our hard-earned money, and getting stuck in a deep loss even once can be very hard to endure.
💬Two questions for everyone—let’s discuss in the comments:
1. Seeing an institution spend $169 million to buy 2,000 BTC, would you dare to increase your position now?
2. Does massive institutional buying at the bottom mean a new major bull-market rally is about to begin?
#Strive斥资1.69亿美元增持2000枚BTC #InstitutionalBTCBuying #Bitcoin