Strategy Head Says Bitcoin Bear Market Structure Has Changed
Show original
On March 8th, Strategy Head of Strategy Chaitanya Jain posted on the X platform, stating that Strategy purchased approximately 8,000 bitcoins for about $300 million throughout 2022, and in the first two months of 2026 has already invested a total of about $4.3 billion to acquire around 48,000 bitcoins. He believes that this continuous and large-scale institutional buying pattern may permanently change the market structure of bitcoin bear markets, and pointed out that Strategy's perpetual preferred shares STRC and MSTR will together form the "ultimate bitcoin accumulation machine."
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$67,303.9
-0.89%
Ethereum
ETH
$1,953.08
-1.61%
Tether USDt
USDT
$1.0000
+0.00%
BNB
BNB
$618.68
-1.64%
XRP
XRP
$1.36
-0.72%
USDC
USDC
$1
+0.01%
Solana
SOL
$82.8
-2.02%
TRON
TRX
$0.2864
+0.96%
Dogecoin
DOGE
$0.08915
-1.81%
Cardano
ADA
$0.2518
-2.70%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now