- Michael Saylor’s strategy BTC has acquired 4,980 BTC, which brought the total to 597,325 BTC.
- Just like recent bids, the newest buy of $ 532 million did not collect BTC in the midst of a high profit.
On June 30, Michael Saylor announced That strategy (formerly micro strategy) bought an extra $ 531.9 million from Bitcoin (4,98k coins), which increases the total participations to 597,325 BTC.
In H1 2025 alone, strategy acquired 170.038 BTC – 35% of its total possession – which pursued to cryptoquant.
Now the pioneer in BTC Corporate Treasury has 2.85% of the total offer, making it an important sentiment factor for the market.
Source: Cryptuquant
BTC is falling in the midst of making a profit
Despite the considerable purchase, Bitcoin hardly collapsed. The active climbed briefly to $ 108k on Sunday, but fell more than 2% on the way to July.
Source: BTC/USDT, TradingView
That is true BTC, even after the controversial purchase of the strategy, by indication of deeper headwind that overwhelmes the company question.
In fact, it was actively resilient during the escalations of Iran-Israel, but failed to break higher, even after the tensions had calmed down, and the ETF inflow rose above $ 11 billion.
Whales and lths cash
Onchain -analysts noted That the pressure on BTC came from long -term holders (LTH) and whale sale.
According to a Glassnode analyst, LTH dumped $ 800 million daily with more than 1 year of holding period at the beginning of June. In addition, whales charged on average $ 440 million, which exerted the pressure on BTC.
Source: Glassnode
In the meantime, the Retracement seemed to be driven from the beginning of July by falling demand from American investors.
The Coinbase Premium Index, often seen as a proxy for the appetite of American investors, somewhat immersed. From 1 July it was hiding above zero, but did not broke higher to suggest aggressively.
Source: Cryptuquant
In general, BTC continues to be confronted with sales pressure of whales and LTH, which compensates for the demand from strategy, other treasury companies and ETFs.