Companies Keep Buying Bitcoin Even When It Drops: What Do They Know?
Bitcoin’s price has fluctuated by over 20% in the past month, dropping from $67,000 to $53,000. Despite this, institutional investors have continued to invest in cryptocurrency, adding over 100,000 BTC to their portfolios, indicating strong confidence in Bitcoin’s long-term value, according to data from CryptoQuant. Institutional investors’ interest in Bitcoin has increased. Given the downward…