On July 12, according to BlockBeats citing statistics from @btcNLNico, entities implementing Bitcoin treasury strategies bought a total of 4,700 BTC this week, indicating a continued advancement of institutional positioning in Bitcoin.

Specifically, 6 new entities have joined the Bitcoin treasury strategy, collectively purchasing 491.2 BTC; at the same time, 10 companies have announced plans to implement treasury strategies in the future, with ReserveOne having up to $1.05 billion available for this plan, indicating strong layout potential; in addition, 29 companies have chosen to increase their holdings, adding a total of 4209 BTC.

These dynamics reflect the recognition of some entities towards cryptocurrency assets represented by Bitcoin, and the continued buying and layout plans also bring certain financial support to the Bitcoin market.

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