#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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Financial Institutions are reducing their USD assets and increasing investments in the European market.
CoinVoice has learned that, according to the Financial Times, the world's largest Financial Institutions are reducing their holdings of dollar assets and increasing investments in the European market. Data shows that investors are withdrawing en masse from the U.S. stock and bond markets. This long-term divestment trend is influenced by political turmoil in Washington, declining confidence in The Federal Reserve (FED), and the latest tariff disputes initiated by Trump.
Since January of this year, the US dollar has depreciated by more than 7%, and traders are now watching for signs of a shift in funds to safer European investments such as German bonds. According to a Bank of America survey, in March, investors made the largest-ever reduction in their holdings of US stocks, with the speed of the shift to Europe being the fastest since 1999.
Multinational pension funds are leading this divestment wave. Finland's Veritas Pension Insurance Company, Australia's UniSuper fund, and Denmark's pension fund have all reduced their holdings in U.S. assets. The strategy chief at BNP Paribas stated that if European pension funds reduce their exposure to U.S. assets to 2015 levels, it would mean selling off €300 billion worth of dollar-denominated investments.