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BTC $76,710.25 -1.90%
ETH $2,284.29 -3.50%
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BCH $448.19 -1.19%
LINK $9.21 -3.13%
HYPE $41.49 -0.41%
AAVE $95.95 -1.32%
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eve

Strategy $255 million leads but momentum sharply declines: Increased holdings reduced by 90%, several global reserve companies slightly follow up with purchases

According to SoSoValue data, as of 8 AM Eastern Time on April 27, 2026, the total net purchase of Bitcoin by global listed companies (excluding mining companies) for the week was $260 million, a decrease of 89.8% compared to last week.Strategy (formerly MicroStrategy) announced an investment of $255 million (a decrease of 90% compared to last week) to purchase 3,273 Bitcoins at a price of $77,906, bringing the total holdings to 818,334 Bitcoins.The Japanese listed company Metaplanet did not purchase any Bitcoin last week.In addition, three other companies purchased Bitcoin last week. The Japanese fashion brand ANAP invested $770,000 on April 21 to increase its holdings by 9.1785 Bitcoins at a price of $84,239.7, bringing the total holdings to 1,431.9716 Bitcoins; the UK Bitcoin company The Smarter Web Company announced an investment of $3.39 million on April 24 to purchase 44 Bitcoins at a price of $77,071, bringing the total holdings to 2,750 Bitcoins; the French Bitcoin company announced an investment of $460,000 on April 27 to purchase 6 Bitcoins at a price of $77,151, bringing the total holdings to 2,943 Bitcoins.Metaplanet has issued zero-interest bonds worth 8 billion yen (approximately $50 million) for the purpose of purchasing Bitcoin.As of the time of writing, the total amount of Bitcoin held by the global listed companies (excluding mining companies) in the statistics is 1,084,909 Bitcoins, an increase of 0.3% compared to last week, with a current market value of approximately $8.434 billion, accounting for 5.4% of the circulating market value of Bitcoin.

Gold and silver are fluctuating at high levels, with Gate XAU's 24-hour contract trading volume ranking first across the network

International gold and silver prices are fluctuating at high levels. According to data from the Gate platform, the current price of gold (XAU) is $4,724.38; the current price of silver (XAG) is $76.47. Despite signs of a temporary easing in the international situation, market risk aversion remains strong, driving active trading and positions in related contracts.According to CoinGlass data, the 24-hour trading volume of Gate XAU contracts reached $41.85 million, an increase of 745.48% compared to the previous period, with a position size of $18.87 million, ranking first in the industry; the 24-hour trading volume of Gate XAG contracts reached $31.89 million, a significant increase of 3429.96%, with a position size of $16.51 million, also ranking among the top in the network. In the context of high-level fluctuations, Gate's trading activity has rapidly increased.Gate has pioneered the metal contract trading sector, providing 24/7 uninterrupted trading, offering users greater strategic flexibility and asset management efficiency in volatile markets. Gate contracts cover various traditional financial assets, including stocks, metals, foreign exchange, indices, and commodities, supporting trading in core targets such as gold, silver, and globally popular stocks. Gate continues to build a more efficient and professional multi-asset one-stop trading platform for global users.

first_img Chief Economist of New Fire Group, Fu Peng: The essence of Bitcoin perpetual contracts is that large holders earn rent from long-term positions, while retail investors pay for leverage to go long

The newly appointed chief economist of New Fire Group, Fu Peng, stated on Twitter that the underlying business model of Bitcoin perpetual contracts is essentially the same as the "rollover fee/overnight fee" in traditional finance's gold and industrial commodity spot exchanges.Fu Peng pointed out that back in the day, gold exchanges settled through daily forced liquidation, with longs and shorts paying each other rollover fees. When retail investors held a large number of high-leverage long positions, the rollover fee became the most stable and hidden source of income for the platform. Nowadays, Bitcoin spot platforms mainly rely on perpetual contracts, with both sides settling the funding rate every 8 hours. When longs dominate, retail investors holding long positions continuously pay funding rates to shorts.Although the platform does not directly collect this fee, it significantly enhances trading activity, open interest, and liquidity, indirectly generating a large amount of fee income and forming a stable and substantial cash flow. Essentially, it is a business model where large players/institutions "collect rent" from long-term holdings, retail investors pay for leverage to go long, and the platform indirectly takes a cut.
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