Anchorage Digital Goes Big: Crypto Bank Drops a Staggering $1.2 Billion on Bitcoin – Here’s Why It Matters

Bitcoin just got a billion-dollar vote of confidence—and it’s coming from inside the house.

Anchorage Digital, the institutional crypto bank that’s quietly become a heavyweight, just deployed $1.2 billion into Bitcoin. No hype, no memes—just cold, hard capital moving into the OG cryptocurrency.

Why now? The timing screams institutional FOMO. With Bitcoin’s volatility smoothing out and ETFs sucking up supply like a vacuum, Anchorage might be locking in positions before Wall Street picks the carcass clean. Or maybe they’ve finally realized gold is for boomers.

Either way, this isn’t some hedge fund’s leveraged gamble. It’s a regulated bank—one that handles pensions and endowments—betting big on crypto’s future. The message? Bitcoin’s not just ‘digital gold’ anymore. It’s becoming the bedrock.

Of course, the usual suspects will call it reckless. Meanwhile, traditional banks will keep losing deposits to crypto yield—and pretending they don’t notice.

Anchorage Makes A Bold Move

According to Arkham Intelligence data, Anchorage Digital spread its orders across multiple wallets and counterparties. That approach helped avoid sudden price swings.

Anchorage Digital has accumulated 10,141 $BTC($1.19B) from multiple wallets over the past 9 hours.https://t.co/zdNKM8YyQk pic.twitter.com/KCibu3t62l

— Lookonchain (@lookonchain) July 30, 2025

By using over‑the‑counter trades, the bank could buy large blocks of bitcoin without alerting the broader market. Spreading out orders over nine hours meant each hour saw roughly 1,126 BTC join Anchorage’s holdings.

In a market that’s up 10% over the past month, acting during a slight dip suggests the bank sees even more upside ahead.

Institutional Buyers Step In

Several big names are now treating bitcoin as a mainstream asset. Just this month, Strategy announced it WOULD pour $2.46 billion into crypto.

Anchorage’s MOVE sits alongside these mega allocations. Once acquired, the coins get locked away in cold storage protected by multi‑signature wallets.

That’s in line with Anchorage’s role as a regulated custodian for banks, asset managers, and fintech firms seeking SAFE harbor for digital assets.

Quiet Trades Behind The Scenes

While Anchorage hasn’t made a public statement on the buy, the trading patterns tell the story. Breaking up orders across different times and providers is textbook for institutions that want to hide their footprint.

It keeps slippage low and prices steady. It also buys time for the bank to build a reserve before jumping into the stablecoin market.

Last week, Anchorage struck a deal with Ethena Labs to bring the USDtb stablecoin to the US under the new GENIUS Act.

That law lays out clear rules for issuing dollar‑pegged tokens. Ethena’s USDtb currently circulates offshore. Anchorage plans to issue it domestically through its newly chartered bank. If all goes to plan, it could be the first stablecoin with a solid path to federal compliance.

Featured image from Pexels, chart from TradingView