🎉 Gate xStocks Trading is Now Live! Spot, Futures, and Alpha Zone – All Open!
📝 Share your trading experience or screenshots on Gate Square to unlock $1,000 rewards!
🎁 5 top Square creators * $100 Futures Voucher
🎉 Share your post on X – Top 10 posts by views * extra $50
How to Participate:
1️⃣ Follow Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate xStocks Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
Note: You may submit the form multiple times. More posts, higher chances to win!
📅 July 3, 7:00 – July 9,
The price of Bitcoin has recently surpassed the $105,000 mark again, attracting market attention. According to reports, last week the total net purchases of Bitcoin by global listed companies amounted to $198 million, with 6 companies making new purchases. This phenomenon seems to confirm that institutional investors are taking the opportunity to accumulate chips, while retail investors may choose to exit due to previous price fluctuations.
The most notable is Strategy (formerly MicroStrategy) company, which has maintained an increasing position for 12 consecutive weeks. Last week, the company invested $26 million to purchase 245 Bitcoins at an average price of $105,856, bringing its total holdings to an astonishing 592,345 coins.
The Japanese listed company Metaplanet also demonstrated strong buying intentions, investing $118 million to purchase 1,111 Bitcoins at an average price of $106,408. This move brought Metaplanet's total Bitcoin holdings to 11,111 coins.
It is worth mentioning that four publicly listed companies have entered the Bitcoin investment field for the first time. The American healthcare company Prenetics, the French Web3 service company Blockchain Group, the British digital advertising company The Smarter Web, and the Japanese clothing company ANAP have each invested varying amounts of funds to purchase Bitcoin, demonstrating that interest in cryptocurrencies is increasing across various industries.
According to statistics from SoSoValue, the number of non-mining listed companies holding more than 100 Bitcoins has increased to 21. As of the time of writing, global listed companies (excluding mining companies) hold a total of 655,520 Bitcoins, valued at approximately 66.3 billion USD based on current market prices, accounting for 3.3% of Bitcoin's circulating market value.
This series of data reflects that, despite the significant fluctuation in Bitcoin prices, institutional investors maintain a positive investment attitude. Meanwhile, retail investors seem more inclined to wait and see or withdraw, and this change in the investor structure could have a profound impact on the future Bitcoin market.
However, for retail investors, the high Fluctuation of the Bitcoin market remains a double-edged sword. While some may achieve considerable gains in the short term, many investors also suffer losses due to improper investment strategies. Therefore, before making any cryptocurrency investments, it is still crucial to thoroughly understand the market, assess risks, and develop reasonable investment strategies.