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Institutional Whale Gobbles Up 705 Bitcoin—Now Holds $60B Stash in Defiant Bet Against Fiat

Institutional Whale Gobbles Up 705 Bitcoin—Now Holds $60B Stash in Defiant Bet Against Fiat

Author:
CoindeskEN
Published:
2025-06-02 12:17:56
20
3

Strategy Expands Bitcoin Holdings by 705 BTC, Lifts Total BTC Stash to Over $60B

Another day, another nine-figure vote of confidence in hard money. While traditional finance clings to its spreadsheets and inflation-adjusted fairy tales, a deep-pocketed strategy just doubled down on crypto’s original disruptor.

The move—adding 705 BTC to its coffers—pushes its total holdings past the $60 billion mark. That’s enough to make even the most skeptical Wall Street suit check their Bloomberg terminal twice.

Funny how ’risky’ assets keep attracting institutional buyers while bond markets twitch at every Fed whisper. Maybe store-of-value narratives stick better when your currency isn’t programmed to depreciate.

|Square

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