#StateStreetAcquiresStrategyShares TradFi vacuuming the spot
While you guys are fretting in chats about ETF outflows, the TradFi giants are quietly scooping up this market. Financial behemoth State Street just bought an additional $147.9 million in Strategy (MSTR) shares, boosting its position in the Bitcoin whale MicroStrategy to a staggering ten billion. The institutions are just vacuuming the spot through proxy stocks while we nervously adjust our stops at $76,000.