🐋 Whales continue to buy $ETH and $BTC en masse.

Japanese nail salon chain Convano plans to accumulate 21,000 BTC by March 2027. They already have coins on their balance sheet, but they are not going to stop there. The purchases are financed through the issuance of bonds. By the end of the month, the company plans to buy another ¥20B (~$124M) worth of BTC. The company has created a separate BTC strategy department, managed by crypto veteran Teruaki Higashi. Since July, Convano has purchased 165 BTC worth ¥2.9B (~$18M).

Cumberland withdrew 36,918 ETH (132.8m) from Coinbase.

Abraxas Capital also continues to buy, withdrawing another 7,191 ETH ($26m) from Binance.

H100 Group has become the largest public company with a Bitcoin treasury in Northern Europe. Today, they purchased another 60.6 Bitcoins, bringing their balance to 763.2 BTC.

Michael Saylor's strategy remains to purchase only 1,209 Bitcoins to own 3% of the total BTC supply.