Bitcoin is once again proving its strength as a store of value – even during global uncertainty. Between June 16 and June 22, major companies invested hundreds of millions of dollars in BTC, sending a clear signal of growing institutional confidence.

🔹 Strategy Continues Its Buying Spree

Strategy (formerly MicroStrategy) expanded its Bitcoin reserves by another 245 BTC, worth nearly $25 million, at an average price of over $105,800 per coin. Although this is one of the company’s smaller purchases this year, it shows ongoing belief in Bitcoin’s long-term value. Strategy now holds more than 592,000 BTC.

🔹 Other Firms Join the Bitcoin Bandwagon

📌 Blockchain Group acquired 75 BTC for €6.9 million, financing the purchase through its Luxembourg-based subsidiary.

📌 Smarter Web Company announced two purchases in June – totaling 543 BTC at an average price of €77,988. CEO Andrew Webley stated this is part of a long-term 10-year plan, and the company actively accepts digital currencies.

📌 Vinanz Limited added 37 BTC, using its newly established institutional account with Fidelity Digital Assets. The firm now holds almost 59 BTC.

📌 Cardone Capital, a real estate company led by Grant Cardone, made a bold move by purchasing 1,000 BTC and plans to add 3,000 more BTC by year’s end. This puts the company ahead of mining firms like Core Scientific in terms of BTC holdings.

🌍 Geopolitical Turmoil and Fragile Ceasefire

This wave of institutional purchases came amid rising tensions between Israel and Iran. As both countries exchanged missile fire, investors shifted toward safer assets like gold.

Despite briefly dipping below $100,000, Bitcoin is currently trading at around $105,000, gaining 3% in the past 24 hours. However, the overall crypto market cap dropped 6% over the past week, reflecting ongoing volatility.

📊 Despite global instability, major players continue to show faith in Bitcoin. BTC appears to be an increasingly attractive alternative to traditional assets for institutions—even in the face of geopolitical shocks.



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