$BTC
Last week, publicly listed companies worldwide spent $953 million on Bitcoin.
Among them, Strategy (formerly MicroStrategy) was the most aggressive, spending $739.8 million to acquire 6,220 coins, now holding a total of 607,770 coins.
Japan's Metaplanet did not make any purchases last week, having bought continuously for the previous five weeks.
The French company Sequans Communication, listed in the U.S., joined in, spending $150 million to buy 1,264 coins, now holding a total of 2,317 coins.
Three other companies also made purchases: The Smarter Web from the UK spent $36.1 million to acquire 325 coins, now holding a total of 1,600 coins; Semler Scientific from the U.S. spent $25 million to buy 210 coins, now holding a total of 4,846 coins; and Blockchain Group from France spent $2.56 million to acquire 22 coins, now holding a total of 1,955 coins.
Currently, these companies collectively hold 681,680 Bitcoins, worth approximately $80.4 billion, accounting for 3.43% of Bitcoin's circulating market value.
Why are these companies so optimistic about Bitcoin? What market signals are hidden behind this? Feel free to comment!
