The pace to which companies increase their exposure to Bitcoin (BTC) shows no signs of slowdown, with new developments confirming that institutional interest in this digital active is firm. A notable example is Sequans Communications, a company based in France, which has made another significant addition to its Bitcoin reserves.
In short
- Sequans buys 85 additional bitcoins for $ 10 million, bringing its total assets to 3,157 BTC on August 1.
- The company spent nearly $ 368.5 million in Bitcoin, with an average cost of 116,708 dollars per room after costs.
- Institutional portfolios added 50,000 BTC in 30 days, while the offer on the freezing platforms (OTC) fell to only 145,000 bitcoins.
Sequans deepens its BTC cash strategy with a purchase of $ 10 million
Sequans, who positioned himself as a leader in Bitcoin cash strategies, recently added 85 additional bitcoins to his balance sheet. The acquisition cost the company around $ 10 million, an average price of $ 117,360 per room, taking into account all the associated costs. This last purchase is aligned with the wider objective of the company to have Bitcoin as a long -term treasury active.
On July 28, Sequans had acquired 755 BTC, bringing its total to 3,072. This number has since increased, the company now holding 3,157 bitcoins on August 1. In total, Sequans spent nearly $ 368.5 million to build its position, with an average cost of around 116,708 dollars per room after costs.
Bitcoin's global accumulation is intensifying while businesses and nations redouble their efforts
The world's interest in Bitcoin does not slow down, several public companies increasing their assets on key markets:
- South Korea Bitmax added 56 BTC, carrying his assets at 500,123 and signaling a regular accumulation.
- Sweden H100 group has Rise $ 2.2 million To increase its Bitcoin reserves, mobilizing a new capital to strengthen its position.
- In the United Kingdom, Coinsilium forza bought 57.54 BTC, now holding nearly 182 pieces As part of its expansion strategy.
- In Japan, Convuno planned to acquire 21,000 BTC By 2027, showing a long -term commitment to the integration of bitcoin.
On the governments side, Salvador remains constant in its approach. The Arkham market intelligence company reported that the Central America Nation is continuing its daily Bitcoin acquisition strategy.
According to data, the country has bought a bitcoin per day for 992 consecutive days. This continuous commitment brought the total Salvador assets to 6,259 BTC, with total recovery exceeding $ 715 million at a unit price of $ 114,558.
The movements of companies and governments indicate an increasing change towards a long -term Bitcoin accumulation. They reflect an increased global interest in holding BTC not only for short -term gains, but as a serious reserve asset.
Strong hands accumulate bitcoin while the offer is tightening
While bitcoin continues to negotiate around $ 114,000, market signs show that The demand remains solid. Recent Cryptoquant data reveal that more than 160,000 BTCs have been removed from the market in the past 30 days.
The portfolios used only for the purchase – known as accumulative addresses – have also experienced strong growth. These addresses added around 50,000 BTC in the last month, reflecting a strong conviction among long -term holders who continue to strengthen their positions.
A major change has also occurred on the private market. Bitcoin offer on over -the -counter platforms, which serve institutional buyers, has dropped sharply. In 2021, these platforms held around 550,000 BTC. This figure has now fell to only 145,000. This drop indicates that more parts are removed from traffic and kept without real intention of resale.
Taken together, these indicators set up a clear picture. Whether on public procurement or in private channels, Bitcoin is always accumulated aggressively. The current market behavior suggests that institutional and long-term actors look beyond short-term volatility and position themselves for the future.
This approach corresponds to a warning recently shared by the co -founder and former CEO of Binance, Changpeng Zhao. He predicted a global race for bitcoin and crypto, warning that countries dragging their feet might have to buy later at much higher prices. Judging by the recent institutional and government adoption of the BTC, this race could already be in progress.
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