If you're still selling every time a public company buys Bitcoin, stop now. That reflex is how traders hand their coins to the same treasuries they complain about a month later.
Last week the top public buyers took in over 2,914 BTC, roughly $240 million. Almost all of it was $ASST. Strive picked up 2,822 BTC for $235 million at $83,266 each and now holds 35,595 BTC. $MSTR added 250 BTC for $21.5 million at $86,194, which barely dents a pile already near 848,250 BTC. In the same stretch $CLSK sold 173 BTC and still holds 13,530, while BitFuFu bought 15 and moved to 1,388.
Set it next to the last few corporate waves and the roles look familiar. Strategy is still the slow accumulator, the way it has been since the treasury became the product. Strive just wrote a check that resembles those earlier accumulation weeks, and it paid less per coin than Strategy did this round. Miners remain the ones willing to clip supply when they need cash. Net, the big public holders are adding, not distributing.
Are you positioned with that bid, or still trying to outsmart it?
#Bitcoin #BTC #Crypto
Last week the top public buyers took in over 2,914 BTC, roughly $240 million. Almost all of it was $ASST. Strive picked up 2,822 BTC for $235 million at $83,266 each and now holds 35,595 BTC. $MSTR added 250 BTC for $21.5 million at $86,194, which barely dents a pile already near 848,250 BTC. In the same stretch $CLSK sold 173 BTC and still holds 13,530, while BitFuFu bought 15 and moved to 1,388.
Set it next to the last few corporate waves and the roles look familiar. Strategy is still the slow accumulator, the way it has been since the treasury became the product. Strive just wrote a check that resembles those earlier accumulation weeks, and it paid less per coin than Strategy did this round. Miners remain the ones willing to clip supply when they need cash. Net, the big public holders are adding, not distributing.
Are you positioned with that bid, or still trying to outsmart it?
#Bitcoin #BTC #Crypto