Bitcoin-listed company Strive recently disclosed its holdings data. Between November and the end of December, the company accumulated approximately 101.8 BTC, with an average purchase price of about $94,525. As of the end of the year, Strive's total Bitcoin holdings reached 7,626.8 BTC, with an overall average cost of approximately $113,153. From the data, the company's recent accumulation pace appears relatively cautious, with new purchase prices below the historical average cost, reflecting the institution's allocation strategy at the current price levels. Such changes in holdings often indicate the judgment of large participants on Bitcoin's medium-term trend.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
18 Likes
Reward
18
7
Repost
Share
Comment
0/400
MetaverseVagrant
· 01-07 11:16
The signal for institutions to buy the dip—continue to accumulate below the average cost. These people really dare to gamble.
View OriginalReply0
OvertimeSquid
· 01-06 05:53
Institutions are bottom-fishing, this is a signal.
View OriginalReply0
WagmiOrRekt
· 01-06 05:49
Institutions continue to buy below average cost, indicating they are also not daring to be too arrogant.
View OriginalReply0
PuzzledScholar
· 01-06 05:48
Institutions are all bottoming out at low prices, while retail investors are still buying at high prices.
View OriginalReply0
SchrodingerAirdrop
· 01-06 05:47
Institutions are still slowly accumulating at the low levels, this rhythm... I just feel there's a trick behind it.
View OriginalReply0
LiquidityNinja
· 01-06 05:46
94525 Average price bottoming out? The institutions are still playing it cautiously.
---
Over 7600 BTC in hand, now that's a real signal.
---
Continuing to buy below historical cost indicates that big players are still optimistic about the future market.
---
Institution-level position changes are indeed worth paying attention to, but the ones who truly make money are always those who dare to go all-in.
---
Strive's recent move was really overly cautious; if it were me, I would have already gone all-in.
Bitcoin-listed company Strive recently disclosed its holdings data. Between November and the end of December, the company accumulated approximately 101.8 BTC, with an average purchase price of about $94,525. As of the end of the year, Strive's total Bitcoin holdings reached 7,626.8 BTC, with an overall average cost of approximately $113,153. From the data, the company's recent accumulation pace appears relatively cautious, with new purchase prices below the historical average cost, reflecting the institution's allocation strategy at the current price levels. Such changes in holdings often indicate the judgment of large participants on Bitcoin's medium-term trend.