#比特币机构配置与囤积 Seeing Strategy is once again accumulating Bitcoin aggressively, I have to say something honest—this is the true investment logic, not those tactics of chasing highs and selling lows, driven by emotions.

Take a close look at this data: Strategy already holds over 670,000 Bitcoins, with a total cost basis of just 750,000 per coin, and now Bitcoin is at 920,000. This is an institutional-level accumulation strategy. They don’t care about short-term fluctuations; they are looking at a five- or ten-year outlook. Compare this to retail investors, who often get greedy when prices rise, sell in a panic when prices fall, and always end up catching the last falling knife.

I agree more with Cathie Wood’s view—that Bitcoin is the first choice for institutions entering crypto—and this is no coincidence. The reasons are simple: first, it has the highest liquidity; second, its risk traceability is the clearest; third, it’s less susceptible to being manipulated by project teams. Smaller coins tend to fall more sharply precisely because they are easier for whales to manipulate, and retail investors are more easily controlled by FOMO psychology.

What I want to remind everyone is that many people look at institutional allocations and want to follow suit, but they overlook a key point—their costs, time cycles, and circumstances are completely different. Institutions have been gradually deploying in low positions over many years, and only now are these strategies becoming visible. If you want to participate now, you must be patient, prepare for long-term holding, and not be fooled by short-term price swings. Risk prevention is always the top priority; institutions play for certainty, and we should be more cautious about those uncertain factors.