A major institutional player just scooped up nearly a billion in Bitcoin—$963 million worth, to be exact. The purchase went through at an average of $90,615 per coin.

Here's where it gets interesting: this brings their total stash to a staggering $60.42 billion in BTC. Their average entry? $74,696. That's a pretty solid position considering current market dynamics. The accumulation strategy continues to make waves as institutional appetite shows no signs of cooling off.