XXI Capital reported holding more than 40,000 Bitcoin, making it one of the larger institutional allocations disclosed this year.
Large accumulations like this usually reflect a longer-term strategy instead of active trading.
It highlights how some capital allocators are approaching Bitcoin as part of broader portfolio planning.
Developments like this tend to matter more over time than in a single session.
BTC
91,597.75
-2.32%
ETH
3,167.16
-3.50%