A major institutional player just scooped up another 130 bitcoin, dropping $11.7 million on the purchase. Their total stash? Now sitting at a jaw-dropping 650,000 BTC. But here's the kicker—they've also carved out a fresh $1.44 billion dividend reserve. Looks like someone's playing the long game with serious capital backing.
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DefiSecurityGuard
· 12h ago
⚠️ 650k btc custody setup screams centralization risk... what's their cold storage audit trail looking like? not financial advice but DYOR on their key management protocols before celebrating.
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MissingSats
· 12-01 16:56
The institution's actions this time are really ruthless, holding 650,000 BTC and still wanting to keep cash... Aren't they really afraid?
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CommunityJanitor
· 12-01 16:55
6.5 million coins, this situation is really outrageous, we retail investors simply can't play at this level.
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BlockchainArchaeologist
· 12-01 16:54
650,000 Bitcoins? This is the rhythm of trying to control the market trend directly...
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GateUser-e87b21ee
· 12-01 16:54
6.5 million BTC? Who is this so bold to directly invest 1.44B as reserves... No, it feels like institutions have gone crazy.
A major institutional player just scooped up another 130 bitcoin, dropping $11.7 million on the purchase. Their total stash? Now sitting at a jaw-dropping 650,000 BTC. But here's the kicker—they've also carved out a fresh $1.44 billion dividend reserve. Looks like someone's playing the long game with serious capital backing.