Bitcoin Defies Gravity at $100K—Corporate Whale Buying Could Trigger Next Leg Up

Bitcoin scoffs at sell pressure as it clings to the $100K psychological fortress. Meanwhile, corporate balance sheets are loading up—could this be the rocket fuel for the next surge?

Whales vs. Weak Hands

Retail traders panic-sell while Fortune 500 treasuries quietly accumulate. The irony? These same corporations mocked crypto three years ago—now they’re FOMO-buying at all-time highs.

The institutional dam is breaking. MicroStrategy’s playbook has gone mainstream, with CFOs suddenly discovering ‘digital gold’ after a decade of dismissing it as ‘rat poison squared.’

Watch the flows. When corporate buying meets hodler conviction, even $100K becomes a springboard. Just don’t expect Wall Street to admit they were wrong—again.

Corporate Bitcoin bid to the rescue?

While long-term holders have been exiting, Edwards pointed to a new class of buyers stepping in as corporate treasury allocators. 

Recent months have seen several institutions and governments around the globe turn to Bitcoin as a reserve asset, building strategic treasuries focused on long-term accumulation. The shift in investors is now driving what the Capriole Investments founder describes as a “flywheel” effect, a steady, conviction-driven buying that reinforces price support and attracts further institutional interest.

Supporting the trend, on-chain data shows that six-month-plus Bitcoin holders have risen sharply over the past two months. This group has been in a strong accumulation phase, absorbing more BTC than long-term holders sold over the past 18 months.

The consistent pace of accumulation suggests growing conviction among newer market participants. Historically, similar spikes in long-term holding have preceded upward price moves and should the trend continue, it could mark a bullish shift for Bitcoin.