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Bitwise Research head Ryan Rasmussen said that among the 15 large institutions he surveyed, none sold during Bitcoin's decline, and some increased their holdings. The institutions included pension funds, endowments, and sovereign wealth funds.
According to PANews, citing PRNewswire, Bitmine Chairman Tom Lee said the company's ETH holdings have exceeded 6000000 units, and said that this crypto bull market began at the end of June with institutions still underweight crypto assets.
SoSoValue data shows that, as of September 28 global listed companies' weekly net purchases of Bitcoin amounted to 239000000 USD, an increase of 30.4%；Strategy accumulated 1,665 Bitcoin.