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Bitcoin-listed company Strive recently disclosed its holdings data. Between November and the end of December, the company accumulated approximately 101.8 BTC, with an average purchase price of about $94,525. As of the end of the year, Strive's total Bitcoin holdings reached 7,626.8 BTC, with an overall average cost of approximately $113,153. From the data, the company's recent accumulation pace appears relatively cautious, with new purchase prices below the historical average cost, reflecting the institution's allocation strategy at the current price levels. Such changes in holdings often indicate the judgment of large participants on Bitcoin's medium-term trend.
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Over 7600 BTC in hand, now that's a real signal.
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Continuing to buy below historical cost indicates that big players are still optimistic about the future market.
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Institution-level position changes are indeed worth paying attention to, but the ones who truly make money are always those who dare to go all-in.
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Strive's recent move was really overly cautious; if it were me, I would have already gone all-in.