Parataxis Holdings just announced plans to buy up to $640M worth of #Bitcoin for its corporate treasury đ
Why it matters
Another major asset manager joins the $BTC
club
Signals growing institutional trust in BTC as a store of value + hedge
Theyâll deploy the funds gradually, depending on market conditions, but the message is clear Bitcoin is becoming a serious reserve asset.
Institutional adoption is heating up, a bullish signal for long-term Bitcoin holders.
#BTC #BinanceHODLerPLUME #MarketPullback #StrategyBTCPurchase