Latest update holds 12.4K bitcoins of listed companies along with 3.15K mined bitcoins

This article is machine translated
Show original

Listed Companies Simultaneously Increase Bitcoin Holdings

According to data from Bitcoin Historian, in the past week, public companies have increased their total Bitcoin holdings to 12,400 BTC. This number creates a notable push in the digital asset market, affirming the strong interest of institutional investors in the world's leading cryptocurrency.

Bitcoin Mining Output Continues to Stabilize

Meanwhile, during the past week, Miners have successfully mined 3,150 new BTC. This data shows that cryptocurrency mining activities continue to maintain a significant pace, ensuring the supply of newly released Bitcoin meets the network's deflationary mechanism. The balance between mining and corporate purchases creates a positive momentum for Bitcoin's price.

Impact of Increased Bitcoin Accumulation on the Market

The expansion of Bitcoin holdings by listed companies not only reflects the trend of institutionalization in cryptocurrency investment but also increases buying pressure in the market. This could lead to a consolidated Bitcoin market capitalization, while improving liquidation and order book depth. Individual investors should pay attention to this movement to optimize trading strategies and effectively manage risks.

Conclusion

The increase of 12,400 BTC accumulated by listed companies, alongside a mining output of 3,150 BTC, demonstrates the interaction between supply and demand in the cryptocurrency value chain. This is a key information that helps investors capture opportunities and enhance their ability to predict Bitcoin price fluctuations. Closely monitoring these indicators will support making investment decisions more accurately and with a long-term perspective.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments