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Ethereum shows strong bullish momentum as a major investor buys $127M in ETH, boosting confidence. The cryptocurrency is consolidating and holding key support, with potential for an altseason breakout if resistance is cleared.

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Strategy now holds 592,100 Bitcoin, less than 20K BTC behind Binance

CryptoSlateMonday, June 16, 2025 at 3:56:30 PM
Strategy now holds 592,100 Bitcoin, less than 20K BTC behind Binance
Business intelligence firm Strategy (previously MicroStrategy) just dropped over $1 billion to buy another 10,100 Bitcoin, pushing its total stash to 592,100 BTC. That puts them within spitting distance of overtaking Binance as the world's second-largest corporate Bitcoin holder—they're now less than 20,000 coins behind the crypto exchange giant.
Editor’s Note: This isn't just another corporate Bitcoin buy—it's a billion-dollar bet that could reshape the crypto landscape. Strategy's relentless accumulation (now holding nearly 3% of all Bitcoin in existence) signals institutional confidence in BTC as a long-term asset, even as retail investors fret over price swings. If they keep this pace, they might soon dethrone Binance, turning what was once a software company into one of crypto's most influential whales. That kind of concentration could ripple through markets, for better or worse.
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