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Bitcoin under pressure at $87,000, $30 billion options settle on Friday; Japanese company benchmarks MicroStrategy, vows to acquire 210,000 BTC
【Crypto World】Under the dual pressure of continuous outflows from spot ETFs and light holiday trading, Bitcoin’s price is stuck at $87,472, still short of the $90,000 mark.
Even more concerning, Bitcoin options worth $30.3 billion are set to expire this Friday. A large number of call options with strike prices of $100,000 and $200,000 are already in the money, which could trigger a new round of market volatility and capital reshuffling.
However, amidst this gloom, signals of long-term institutional accumulation continue to flicker. Japanese listed company Metaplanet has received unanimous shareholder approval to expand its Bitcoin holdings to 210,000 coins by 2027. The company currently holds 30,823 BTC and plans to achieve this gradually through a $5.4 billion warrants financing plan.
This approach is very similar to MicroStrategy’s strategy—using a combination of financing and periodic purchases to accumulate Bitcoin assets over the long term. Institutional confidence and retail investor anxiety are playing out on both ends of the market.
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303 billion options exploded on Friday, the bears are going to have a bad day.
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90,000 is just around the corner, don't worry, let's talk after the holiday.
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Japanese companies are learning from MicroStrategy's move, showing that everyone believes in BTC's long-term value.
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ETF redemption pressure is a bit intense, but for Bitcoin believers, it's really no big deal.
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Over 300,000 BTC are planned to be expanded to 210,000 BTC, this pace is truly crazy.
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Why panic over option losses? Long-term holders have already won.
Institutions are really something else. When the market falls, they buy, buy, buy. This wave of Metaplanet learning from MicroStrategy's playbook is really fierce.
Waiting for the Friday options expiration; whether the margin call wave comes depends on whether the 90,000 level can be broken.
Losing money while financing to buy coins—that's the game of big funds.
21 million BTC. This Japanese company really dares to gamble. If they complete it before 2027...
This time is truly different. It's not retail investors cutting retail investors; it's institutions taking advantage of retail panic sell-offs.
If this continues, ordinary people really have fewer and fewer chances.
MicroStrategy's method of financing and accumulating is now full of apprentices, and the Japanese are starting to copy the moves too.
87K is stuck, just waiting to see who can push it to 90,000.
Options big players will be crying this weekend; the 100,000 call options have long been unprofitable.
Institutions are playing chess, retail investors are watching the show. Without the capital of a family office, you really can't play this game.
21 million BTC, a big dream. Can the financing keep up...
Spot ETF is bleeding, options are about to settle, a perfect storm is coming.