$1.715 Billion Gamble! Mysterious Whale Aggressively Buys BTC—What Does This Move Reveal?

While the US government is shutting down and the market is awash in red, one strategy firm is going against the grain—directly doubling its fundraising from €350 million to €620 million (about $715 million USD), with a clear goal: buying the dip.

Even more striking, they already hold 641,205 Bitcoins, accounting for 3.05% of the global supply. In other words, 1 out of every 33 BTC is sitting in this company’s vault.

The logic of this on-chain whale is simple:

  • Now that BTC has dropped below $100,000 → seize the opportunity to increase holdings → once buyers return, it will surge directly to $105,700
  • With their current position size, after completing this round of fundraising, they might purchase another 200,000 to 300,000 BTC

What the market is asking: Is this an institutional bottom signal, or just another gamble? Just look at their holdings—this isn’t playing around, this is going ALL IN with real money.

BTC2.46%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)