Despite a significant market downturn, institutional investors have shown renewed confidence in Bitcoin by adding 18,700 BTC to digital asset treasuries in November. This bold move comes amidst a steep 15.62% price drop, with Bitcoin falling from $103,000 to a low of $86,000, marking one of the biggest corrections this year.
Bitcoin Treasuries Surge Amid Market Decline
According to data from Sentora, the added 18,700 BTC pushes digital treasury holdings to a total of 1.86 million BTC. This accounts for 9% of Bitcoin’s circulating supply, now locked within corporate, institutional, and government allocations. While retail traders may have withdrawn during the decline, institutions stepped in to buy the dip.
Notably, November’s BTC additions rank among the strongest net inflows this year, reflecting a long-term accumulation strategy. Historical trends suggest that institutional buyers often capitalize during corrections, signaling bullish sentiment for Bitcoin’s long-term potential.
Michael Saylor’s Strategy and Increased Treasury Flows
MicroStrategy, led by Bitcoin advocate Michael Saylor, continues to make headlines with aggressive BTC acquisitions. It revealed raising $21 billion year-to-date through diversified securities, including $11.9 billion in common equity and $2 billion in convertible debt. This further cements MicroStrategy’s position as the largest corporate Bitcoin holder.
Saylor has reaffirmed the company’s commitment to Bitcoin, emphasizing that the recent dip presents an opportunity rather than a risk. His steadfast confidence resonates with other institutional investors, bolstering the belief that Bitcoin is a reliable store of value.
Tightening Market Supply
With 1.86 million BTC now effectively removed from liquidation pools, Bitcoin’s market supply continues to tighten. This scarcity occurs at a time when Bitcoin’s issuance rate remains historically low, driving expectations of future price appreciation as demand outstrips supply.
Though short-term price volatility persists, institutional accumulation shows that big players remain optimistic about Bitcoin’s long-term trajectory. The recent correction has proven a key buying opportunity for strategic investors, underscoring the resilience of crypto treasuries during market downturns.
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