Institutional bottom-fishing speed slows down? Only 5 of the top 100 listed companies have increased their BTC holdings

According to the latest news, the top 100 publicly listed BTC holding companies worldwide collectively hold 1,090,949 Bitcoins, valued at approximately $99.4 billion based on current prices. However, it is noteworthy that in the past 7 days, only 5 companies increased their BTC holdings, with a total increase of just 8,511.888 coins. This data may reflect a significant cooling of institutional enthusiasm for accumulation.

Phenomenon Behind the Slowing of Accumulation

Significant Drop in Accumulation Volume

In the past 7 days, only 5 companies increased their holdings, which is relatively few. More importantly, although the total increase from these 5 companies seems substantial, when distributed among individual firms, the scale of each company’s increase is not large. Besides MetaplanetJP’s 4,279 and Strategy’s 1,229 coins, the other three companies added less than 2 coins each. This may indicate two signals: first, market participants are more cautious about current price levels; second, accumulation behavior is becoming more fragmented.

Analysis of the Company Structure of Accumulators

From the table, it can be seen that MetaplanetJP and Strategy account for about 65% of the total increase, with the Japanese company MetaplanetJP being the main force behind the accumulation. This may be related to the improved regulatory environment for cryptocurrencies in Japan.

Market Context Supplement

The current BTC price is $91,242, with a market capitalization of $1.82 trillion, accounting for 58.42% of the total cryptocurrency market cap. At this price level, the institutional holding of 1.09 million BTC is already quite substantial. In comparison, the slowdown in accumulation may reflect a phased market adjustment expectation.

Looking at recent trends, BTC has risen 3.80% over the past 7 days, with a 24-hour increase of 1.33%, showing an overall positive trend. However, the cooling of accumulation activity indicates that even in an environment of rising prices, listed companies remain relatively cautious about increasing their holdings.

Summary

The 1.09 million BTC held by the top 100 listed companies worldwide represents institutional recognition of Bitcoin’s long-term value. However, the phenomenon of only 5 companies increasing their holdings in the past 7 days is indeed noteworthy, possibly implying that institutions are shifting from active accumulation to a more cautious and observant stance at current price levels. The relatively prominent accumulation by Japanese companies may become a direction worth monitoring in the future. Overall, the movement of listed companies’ holdings remains an important indicator for assessing institutional confidence.