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New Bitcoin Whales Outpace Old Guard in $6B Supply Tug-of-War
Bitcoin’s large holder composition is undergoing a fundamental shift as demand from deep-pocketed new entrants promises to reshape power dynamics.
The new whale cohort, including corporations like MicroStrategy and Twenty One Capital, isn't composed of early adopters, but of institutional investors whose collective actions are creating unprecedented market pressure.
“We do not want the market to think and price us just as a treasury asset. That is not us at all. We are going to acquire as much Bitcoin as we possibly can,” Twenty One Capital CEO Jack Mallers said in an interview with CNBC in December.
#bitcoin
Bitcoin’s large holder composition is undergoing a fundamental shift as demand from deep-pocketed new entrants promises to reshape power dynamics.
The new whale cohort, including corporations like MicroStrategy and Twenty One Capital, isn't composed of early adopters, but of institutional investors whose collective actions are creating unprecedented market pressure.
“We do not want the market to think and price us just as a treasury asset. That is not us at all. We are going to acquire as much Bitcoin as we possibly can,” Twenty One Capital CEO Jack Mallers said in an interview with CNBC in December.
#bitcoin
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