Summary
- The Block reported that institutional investors' Bitcoin holdings have reached 3.64 million, valued at $428 billion.
- Strategy purchased 31,466 Bitcoins in three separate transactions last month, raising its holdings to 628,791.
- Institutional buying of Ethereum (ETH) is also continuing, with the holdings of 64 companies that each own over 100 units of Ethereum totaling around 3.04 million.
The amount of Bitcoin (BTC) held by institutional investors has reached a value of $428 billion (about ₩594 trillion).
The Block reported on the 6th (local time), citing Bitcoin Treasury data, that institutional investors purchased approximately 166,000 additional Bitcoins last month. The Block stated, "As of the end of last month, institutional investors held a total of 3.64 million Bitcoins, valued at $428 billion."
The institution that bought the most Bitcoin last month was Strategy. Strategy purchased 31,466 Bitcoins in three separate transactions last month. As of the end of last month, Strategy held 628,791 Bitcoins.
Institutional purchases of Ethereum (ETH) are also increasing. According to the Strategic Ethereum Reserve, the Ethereum holdings of 64 companies that each own over 100 Ether amounted to about 3.04 million as of that day. This is approximately 2.5% of the total Ethereum supply.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul![[Market] Bitcoin slips below $77,000…Ethereum also breaks below $2,300](https://media.bloomingbit.io/PROD/news/f368fdee-cfea-4682-a5a1-926caa66b807.webp?w=250)
!['Easy money is over' as Trump pick triggers turmoil…Bitcoin tumbles too [Bin Nansa’s Wall Street, No Gaps]](https://media.bloomingbit.io/PROD/news/c5552397-3200-4794-a27b-2fabde64d4e2.webp?w=250)