🐋 Institutional funds are making moves:
「Japanese Bitcoin treasury company Metaplanet plans to repurchase 96.93 million shares through an over-the-counter transaction, spending approximately ¥25.3 billion」
Large investors continue to accumulate, while the amount of tradable shares in the secondary market is dwindling. In the long run, that’s a positive for the supply dynamics.
$BTC 24h Trading volume: $1.27 billion. What do you think?
#BTC
「Japanese Bitcoin treasury company Metaplanet plans to repurchase 96.93 million shares through an over-the-counter transaction, spending approximately ¥25.3 billion」
Large investors continue to accumulate, while the amount of tradable shares in the secondary market is dwindling. In the long run, that’s a positive for the supply dynamics.
$BTC 24h Trading volume: $1.27 billion. What do you think?
#BTC