Bitcoin is experiencing significant accumulation by large investors, known as whales, and institutions. Strategy, formerly MicroStrategy, has hinted at further Bitcoin investments. This comes after the company acquired $555 million worth of Bitcoin at an average price of $84,785 per coin earlier this month.
As of April 21, 2025, Strategy holds 538,200 Bitcoins. These holdings are worth over $50.5 billion. Data indicates that whale wallets, holding at least $1 million worth of Bitcoin, have increased from 124,000 on April 7 to over 137,600 on April 26.
US spot Bitcoin ETFs have also seen substantial inflows. Last week, they recorded over $3 billion in cumulative net inflows, marking their second-highest week of investments since launching. The current price of Bitcoin is around $93,945.09 USD as of today.