Cointelegraph(@Cointelegraph):MidChains (@MidChains_) CEO Basil Al Askari said that “at least one” sovereign wealth fund is accumulating spot Bitcoin while the price is down, with another potentially set to begin buying in the coming weeks. “It sends a very clear signal to let’s say other institutions that are maybe sitting on the sidelines and looking at these larger funds as kind of leaders of the asset class.” #CHAINREACTION

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Cointelegraph@Cointelegraph

2026.06.30 07:36

MidChains (@MidChains_) CEO Basil Al Askari said that “at least one” sovereign wealth fund is accumulating spot Bitcoin while the price is down, with another potentially set to begin buying in the coming weeks. “It sends a very clear signal to let’s say other institutions that are maybe sitting on the sidelines and looking at these larger funds as kind of leaders of the asset class.” #CHAINREACTION#