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Last week, institutions hoarded another 21.86 million USD in BTC, with Strategy increasing the position by 130 coins.

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[Chain News] Last week, global listed companies were quietly hoarding coins again. According to the latest data, as of December 1, these institutional players (excluding mining companies) net bought $21.86 million worth of Bitcoin in one week.

The leader is still Strategy (formerly known as MicroStrategy). On December 1st, they made another move, spending $12 million to acquire 130 BTC at a cost price of $89,959. Now this company has hoarded 650,000 Bitcoins, and the scale of their holdings is truly terrifying.

Metaplanet in Japan has been quite inactive this week, not buying a single coin. However, other companies have been quite active:

The French Bitcoin company Capital B added 5 coins on November 25, spending $460,000, with an average price of 92,188. The total holding is now 2,823 coins. The Hong Kong gene testing company Prenetics also entered the market, investing $630,000 to buy 7 coins, with a total holding of 508.0341 coins. The most aggressive was the food content company DayDayCook, which directly spent $8.77 million on November 26 to acquire 100 coins at a price of 87,739.58, bringing its total holding to 1,183 coins.

Currently, the total amount of Bitcoin held by publicly listed companies (excluding mining companies) has reached 893,890 coins, with a market value of approximately $76.91 billion based on the current price, accounting for 4.48% of the total Bitcoin circulating supply. This ratio is steadily increasing.

BTC6.74%
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MetaverseHomelessvip
· 6h ago
650,000 pieces, Strategy this is going to the sky, like stacking blocks in storage.
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pumpamentalistvip
· 12-02 00:52
The institutions' crazy coin hoarding this time really caught me off guard, holding 650,000 BTC in hand, they must really be optimistic. The strategy is absurd, sweeping every week, and the cost has dropped to 89,000, while I, as a small retail investor, can only watch with drool. The Japanese are holding their ground, and we are still pushing forward, the landscape is truly different. That French company has also jumped on the bandwagon, even gene testing companies are getting into coins, I've never seen such momentum this year. The big players are all buying the dip, while retail investors are still debating whether to enter a position, it's honestly quite disappointing. If this pace continues, by next year, ordinary people wanting to buy will have to line up, right? If it weren't for being busy with work, I would also need to keep up with the rhythm, otherwise, I would really be left behind.
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SnapshotDayLaborervip
· 12-01 14:16
Wow, the strategy is really outrageous, 650,000 BTC have been accumulated... I am truly impressed by this open interest.
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ZenZKPlayervip
· 12-01 14:14
650,000 pieces, when the hell will this Holdings be until the monkey year and horse month? What is Strategy betting on?
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AirdropChaservip
· 12-01 14:07
650,000 pieces? Strategy is going to eat up the entire market, and the cost is still stuck at less than 90,000. This operation is really amazing.
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TokenomicsPolicevip
· 12-01 13:59
Strategy's move is really amazing, 650,000 Bitcoins, what kind of concept is that? This is playing with fire. Small institutions are following the trend, it seems everyone is betting on a rise later. Why hasn't Metaplanet made a move this time? Are they holding back a big trick? Institutions are buying aggressively while we retail investors are still hesitating whether to chase, the gap is really big. They dare to sweep at this cost price, which shows they are not worried at all. It's interesting that Prenetics from Hong Kong has entered the market, it feels like the circle is expanding. 21.86 million dollars a week, this is what true institutional Consensus looks like. Strategy has so many coins in hand, what if one day they decide to dump? I'm a bit scared. I see Capital B is increasing the position again, it really feels like no one wants to miss this wave.
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ForkThisDAOvip
· 12-01 13:56
The strategy is really amazing, 650,000 Bitcoins, they must be very optimistic. Institutions are entering one after another, while we retail investors are still hesitating about whether to buy. It feels like big funds have already caught a whiff of something. What's going on with Metaplanet suddenly being quiet? The cost price is 89959, aren't they afraid?
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HashRatePhilosophervip
· 12-01 13:50
The strategy is really outrageous, 650,000 BTC? Are they trying to buy up the whole network, haha And Prenetics, the genetic testing company, is also starting to play with coins, this trend is really here What's up with Metaplanet, suddenly not buying anymore? Are they holding back a big move or just being timid We retail investors just have to follow this group of whales and get a little soup Strategy's cost doesn't even matter, it's really a capital game
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