Picture this: last week a handful of public companies quietly bought over 2,914 Bitcoin worth roughly $240 million while the rest of the market argued over a few percent.
Most traders know the pain of chasing pumps and panic selling dips. Institutions don't seem to have that problem and just keep adding size on the days that scare everyone else out.
Strive, trading as $ASST, dropped $235 million on 2,822 Bitcoin at $83,266 a piece and now holds 35,595. Strategy $MSTR added a comparatively small 250 coins at $86,194, but when you already own 848,250 it barely moves the needle. CleanSpark actually sold 173 BTC, and BitFuFu picked up just 15. Net result for the week: over 2,900 coins into public company treasuries.
This feels like a rerun of MicroStrategy's original 2020 bet, except the cast is bigger. Strive is compressing years of accumulation into single weeks. $MSTR is still the slow and steady giant. Miners taking profits versus treasury companies treating $BTC as a core reserve asset. Same market, opposite incentives.
The pattern is becoming hard to ignore. The entities that can ignore daily noise keep buying the coins that traders keep circulating.
Where do you think this corporate stacking trend goes from here?
#Bitcoin #BTCTreasury #Crypto
Most traders know the pain of chasing pumps and panic selling dips. Institutions don't seem to have that problem and just keep adding size on the days that scare everyone else out.
Strive, trading as $ASST, dropped $235 million on 2,822 Bitcoin at $83,266 a piece and now holds 35,595. Strategy $MSTR added a comparatively small 250 coins at $86,194, but when you already own 848,250 it barely moves the needle. CleanSpark actually sold 173 BTC, and BitFuFu picked up just 15. Net result for the week: over 2,900 coins into public company treasuries.
This feels like a rerun of MicroStrategy's original 2020 bet, except the cast is bigger. Strive is compressing years of accumulation into single weeks. $MSTR is still the slow and steady giant. Miners taking profits versus treasury companies treating $BTC as a core reserve asset. Same market, opposite incentives.
The pattern is becoming hard to ignore. The entities that can ignore daily noise keep buying the coins that traders keep circulating.
Where do you think this corporate stacking trend goes from here?
#Bitcoin #BTCTreasury #Crypto