#比特币价格 Seeing the actions of this round of Strategy, buying 10,624 Bitcoins for 962.7 million dollars at an average price of 90,615 dollars, what flashed through my mind were still the memories of those years.

The madness of 2017, the despair of 2018, the institutional entry in 2020... Now it's already 2025, looking back at the changes along this timeline is really interesting. Who would have thought back then that institutions would persistently buy Bitcoin like this? Strategy holds 660,624 coins at a cost of $74,696, behind this number are countless judgments and adjustments.

History always repeats itself, but never exactly the same. In every cycle, there are those who buy the dip and those who sell at the top. The key is how to understand this cycle itself. From 2020 to now, the way institutions enter has evolved from tentative investments to systematic layouts. The continuous accumulation of Strategy is not gambling, but treating Bitcoin as something akin to a gold reserve.

From an average price of $90,615, they clearly believe there are still opportunities at the current price level. This reminds me of every major buying moment in history - it always happens when most people are still hesitating. Looking back at the cycles, institutions that can persist with this strategy often weathered the previous rounds of declines. Whether it’s survivor bias or real demand, this signal is already very clear.