A major institutional player just made another massive bitcoin move. They've scooped up 10,624 BTC in their latest purchase spree—dropping roughly $962.7 million at an average price of about $90,615 per coin.

Their year-to-date performance? A solid 24.7% BTC yield for 2025 so far. Not too shabby.

Zoom out to the bigger picture: as of December 7, 2025, their total stash has grown to 660,624 BTC. The entire position cost them around $49.35 billion, averaging out to approximately $74,696 per bitcoin across all purchases.

With bitcoin's price volatility, that average cost basis tells an interesting story—they've been accumulating through various market cycles, and their current unrealized gains are significant given recent price action.

This kind of institutional accumulation continues to reshape the bitcoin landscape. When corporate treasuries commit billions to BTC, it signals a fundamental shift in how traditional finance views digital assets.