Institutions Buy Bitcoin In Record Numbers, But Why Is Price Still Below $111,900 ATH?
2025-07-09 23:12:27
Main Idea
Institutional investors like BlackRock and Metaplanet are accumulating Bitcoin in record numbers, but the price remains below its all-time high due to selling pressure from early whales and other market factors.
Key Points
1. BlackRock has surpassed 700,000 BTC in holdings, accounting for 3.5% of Bitcoin's total supply, and is on track to accumulate 1.2 million BTC by May 2026.
2. Metaplanet has acquired 15,555 BTC, achieving a 416.6% year-to-date yield, positioning itself as a significant Bitcoin treasury company.
3. Bitcoin's price remains below its all-time high due to selling pressure from early whales, who have sold over 500,000 BTC in the past year.
4. Other companies like MARA Holdings, Semler Scientific, and ProCap BTC have also expanded their Bitcoin treasuries, indicating strong institutional demand.
5. The Bitcoin price dropped from its weekly high above $109,000 amid selling pressure and is at risk of reaching new weekly lows.
Description
Institutions like BlackRock and Metaplanet continue to actively accumulate Bitcoin, providing a bullish outlook for the flagship crypto. BTC has, however, remained below its current all-time high (ATH) due to factors such as tariffs and selling pressure from old whales. BlackRock And Metaplanet Hit New Milestones With Bitcoin Accumulation SosoValue data shows that BlackRock has officially surpassed the 700,000 BTC milestone and now holds $76.35 billion in assets under management (AuM). The asset...
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