PANews reported on August 4th that according to SoSoValue data, global listed companies (excluding mining companies) had a net purchase of $2.56 billion worth of Bitcoin last week. Strategy acquired 21,021 BTC, Metaplanet purchased 463, and companies such as Convano, The Smarter Web, Sequans, and ANAP also increased their holdings. Listed companies' total holdings reached 709,420 BTC, with a market capitalization of approximately $81.2 billion, representing 3.56% of the circulating supply of Bitcoin.


Bitcoin traders revealed new BTC price bottom targets as BTC price action wobbles, while a dovish Fed speech offered bulls little relief. Key points:Bitcoin faces problems recovering from its dip to $112,000 as traders agree on the odds of a fresh dip.Nasdaq Performance is on the radar as overheated RSI conditions raise concerns over a crypto knock-on effect. Read more
