🧐As the crypto market falls, mining companies and asset management giants have increased their holdings. What signals are revealed?
In the latest round of market correction, we can see that Bitcoin mining company Hut 8 has invested $100 million to buy more Bitcoin, bringing the total number of Bitcoins they hold to 10,096, with a market value of about $1 billion.
And the largest Bitcoin mining company in the United States, MARA Holdings, is also taking active action. Yesterday, it invested another $1.53 billion to buy Bitcoin, and has purchased a total of $3.2 billion in Bitcoin in the past 6 weeks.
In addition, asset management giant BlackRock is not far behind, and yesterday it also added $359 million worth of Bitcoin to its IBIT fund.
At the same time, all Bitcoin spot ETFs have received a total of $6.7 billion in inflows in the 15 consecutive days ending yesterday.
Combining this information, we can see that whether it is Bitcoin mining company Hut 8, MARA Holdings, or BlackRock's IBIT fund, they are all buying Bitcoin on a large scale.
There may even be countries that you have not noticed, and may have quietly started a competition to hoard Bitcoin. This also makes Bitcoin no longer just an object of layout for institutions, venture capital, investment banks and smart money, it may have become a key asset in international competition.
Therefore, in the field of investment, we need to look further and consider long-term investment goals. Only in this way can we achieve long-term profitability in investment.
In summary, it is important for investors to be aware of the long-term value and growth potential of Bitcoin and have the right investment mentality. At the same time, the strategic position of Bitcoin in the global economic and political arena should also be taken into account.
💬 Combined with the current market situation, how do you think the price trend of Bitcoin will develop in the future? Will it continue to rise, or will there be large fluctuations or even declines? Tell us your predictions and basis!
