Despite a significant market downturn, key investors are increasing their cryptocurrency holdings. Michael Saylor's MicroStrategy has acquired 8,795 Bitcoin, while El Salvador has added 1,122 Bitcoin to its national reserves. Additionally, Strive Inc. purchased 1,567 Bitcoin. In the Ethereum market, Bitmine Immersion Technologies has expanded its holdings by 331,064 ETH.
This accumulation comes as Bitcoin and Ethereum have experienced notable declines, with Bitcoin dropping 26% and Ethereum falling 38% from their October highs. The continued investment by these major players highlights ongoing confidence in the long-term potential of these digital assets.
Major Investors Accumulate Bitcoin and Ethereum Amid Market Decline
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