Bitcoin has again demonstrated its typical volatility with sharp price fluctuations ahead of a crucial FED decision.
Active Bitcoin Purchases by Strategy
From September 8 to 14, Strategy acquired 525 BTC for $60.2 million at an average price of $114,562 per coin. It now holds 638,985 BTC, about 3% of the total bitcoin supply.
Difference Between Speculators and Institutional Investors
The movement of significant capital in the crypto market shows a contrast between the actions of speculators and institutional investors. While whales actively sell their assets, companies like Strategy accumulate Bitcoin for the long term, indifferent to volatility.
Bitcoin as a Treasury Instrument
Currently, over one million BTC belongs to corporate treasuries, representing 5% of the total supply. This reflects a change in the perception of Bitcoin not only as a speculative asset but as a tool for asset management.
Amid ongoing volatility, Bitcoin is gaining growing recognition among institutional investors, indicating a continued shift in the perception of cryptocurrency in financial markets.
