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Institutional investors continue to accumulate Bitcoin at an unprecedented pace. This demand has come through the treasury companies, which are on the rise, and through the Bitcoin ETFs, which are again on a daily net inflow streak.
Institutions Announce More Bitcoin Buys This Week
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Bitcoin for Corporations data shows that treasury companies again bought Bitcoin between last week and this week. Strategy, the largest BTC treasury company, added 155 BTC to its treasury at an average price of $116,401 per BTC. This brings their total holdings to 628,946 BTC. Metaplanet, which was the first to replicate Strategy’s Bitcoin model, also bought more BTC.
The Japanese company announced that it bought 518
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