{"id":20258,"date":"2025-04-02T15:46:32","date_gmt":"2025-04-02T15:46:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=20258"},"modified":"2025-04-02T15:46:32","modified_gmt":"2025-04-02T15:46:32","slug":"bitcoin-slips-12-in-3-months-despite-corporate-buying-whats-behind-the-decline-and-whats-next","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=20258","title":{"rendered":"Bitcoin Slips 12% In 3 Months Despite Corporate Buying \u2013 What&#8217;s Behind The Decline And What&#8217;s Next?"},"content":{"rendered":"<div>\n<p><strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) is increasingly popular <a href=\"https:\/\/www.benzinga.com\/25\/03\/44569292\/congressman-buys-up-to-600k-in-bitcoin-etf-after-selling-1-million-in-goldman-sachs-stock-committee-assignment-could-be-red-flag\">among corporate buyers<\/a>, with on-chain data suggesting ongoing accumulation by other large entities.<\/p>\n<p><strong>What Happened: <\/strong>In a detailed X <a href=\"https:\/\/x.com\/cryptoquant_com\/status\/1907377531143016915\">thread<\/a> on Wedneday, research firm CryptoQuant pointed out that despite public companies accumulating 91,781 BTC in Q1, Bitcoin dropped 12%, from $94,400 to $82,500. <\/p>\n<p>Tether emerged as a surprise buyer, adding 8,888 BTC, while <strong>Strategy <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSTR#NASDAQ\">MSTR<\/a>) made the largest move, acquiring 81,785 BTC for more than $8 billion.<\/p>\n<p>Other buyers included The Blockchain Company (+605 BTC), <strong>Semler Scientific Inc<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/SMLR#NASDAQ\">SMLR<\/a>) (+1,108 BTC) and <strong>Metaplanet<\/strong> (+2,285 BTC) (OTC:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MTPLF#OTC\">MTPLF<\/a>). <\/p>\n<p>On-chain analytics shows more corporate buying could be on the horizon, with <strong>Marathon Digital <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MARA#NASDAQ\">MARA<\/a>) planning a $2 billion stock sale &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/04\/44609608\/bitcoin-slips-12-in-3-months-despite-corporate-buying-whats-behind-the-decline-and-whats-n\" alt=\"Bitcoin\" slips in months despite corporate buying what behind the decline and next>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (CRYPTO: BTC) is increasingly popular among corporate buyers, with on-chain data suggesting ongoing accumulation by other large entities. What Happened: In a detailed X thread on Wedneday, research firm CryptoQuant pointed out that despite public companies accumulating 91,781 BTC in Q1, Bitcoin dropped 12%, from $94,400 to $82,500. Tether emerged as a surprise buyer, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-20258","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20258"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20258\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}