MicroStrategy bought again! This time it's 4,980 BTC, at an average price of $106,800, totaling over $530 million, with holdings approaching 600,000.

Source: Barron’s

As someone who has been closely watching institutional movements, I am increasingly convinced of one thing:

Retail investors are exiting, while big whales are entering.

This round of the bull market is not supported by 'enthusiasm', but by 'heavy conviction'.

MSTR seems to treat BTC like government bonds. Next time there's a crash, do you really dare to trade against it?

#BTC #MicroStrategy #Bitcoin #InstitutionalAccumulation #CryptoNarrative