⚠️ALERT ⚠️ Banco Itaú Will Make a Purchase of 250 Million BTC
Don’t Sleep Anymore, Buy Now 👉 $BTC
When a company buys a large amount of Bitcoin, like $210 million, it generates impact in two main ways:
1. Buying Pressure:
Buying a lot of BTC at once increases demand. If the supply (quantity available for sale) is low, this tends to push the price up.
2. Market Sentiment:
A large purchase made by a relevant company (especially being advised by a giant bank like Itaú) increases confidence in Bitcoin. Other institutional investors or even individual investors may follow the movement, believing that the price will rise.
But be careful:
If they buy slowly and strategically (to avoid spiking the price while buying), the impact will be more gradual.
Bitcoin is a global and very large market. $210 million is a lot of money, but it is still a small fraction compared to the total market value of BTC (currently above $1 trillion).
Summary:
It can indeed help the price to rise, especially in the medium term, and mainly by improving confidence in the market.