How institutional investors decide the best time to purchase bitcoin

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Blockstream’s CSO, Samson Mow, thinks that institutional investors decide to buy Bitcoin regardless of its price movements. The Bitcoin maximalist took to Twitter on 5 January to explain that entities seeking to buy the digital asset do not plan to buy BTC at a particular price. Instead, heads of such institutions plan to purchase a certain amount of the popular crypto in US dollars.

According ^[1] to Samson Mow, financial entities that aim to invest in Bitcoin often buy it for hundreds of millions of US dollars:

Image Source: Twitter ^[2]

On 4 January, Mow compiled ^[3] a list of institutional investors that are planning to purchase Bitcoin in 2021. According to Samson Mow’s list, which is supposedly based ^[4] on news articles, entities such as One River, Guggenheim, SkyBridge, Ruffer ^[5] and MassMutual will buy Bitcoin (and some have already bought BTC). The firms have allocated or intend to allocate amounts ranging from $100 million to $600 million to invest in BTC.

To date, Galaxy Digital is said to hold 16,651 BTC and Square about 4,709 BTC. Additionally, Bitcointreausuries ^[6] projected that over 800,000 Bitcoin or 4% of the total circulating supply is held by public companies.

Moreover, Grayscale Investments announced ^[7] that its assets under management, such as Bitcoin, Ether and others, are now worth $19 billion in crypto. Recently, even

How institutional investors decide the best time to purchase bitcoin

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