Strategic, a company specializing in Bitcoin asset management, purchased an additional 1,550 Bitcoins worth nearly $101 million on June 8.


This came after the company revealed the sale of 32 Bitcoins at the end of May, a move that raised market concerns despite representing only a small part of its total holdings.
Strategic currently owns more than 845,000 Bitcoins valued at approximately $53.6 billion, partly raised through $7.5 billion in equity this year.
Bernstein describes the sale as a "boring" cycle.
Analysts at Bernstein published a separate research note on June 8, describing Bitcoin's outlook as "boring in this cycle."
The company pointed out that retail investors have shifted significantly toward stocks of AI-related companies, making the Bitcoin holder base dominated by financial institutions, pension funds, and sovereign wealth funds.
Net cash flows from ETFs and corporate Treasury bond buyers have decreased to about $12 billion since the start of the year, compared to $60 billion over the course of 2025.
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AngelEye
· 06-09 11:15
LFG 🔥
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AngelEye
· 06-09 11:15
To The Moon 🌕
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AngelEye
· 06-09 11:15
2026 GOGOGO 👊
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