Anchorage Digital, the federally chartered crypto bank, made a stealthy move on July 30 by acquiring 10,141 BTC—valued at roughly $1.19 billion—over a carefully timed nine-hour span.
The large-scale accumulation, confirmed by Arkham Intelligence, was executed across multiple wallets and counterparties to avoid spooking the market.
Despite the massive purchase, Bitcoin’s price barely flinched, sliding just 0.25% over the week and holding around $118,600. Each hour saw an average of over 1,100 BTC added to Anchorage’s holdings, with over-the-counter trades and strategic timing minimizing price disruption.
This move reflects Anchorage’s growing role as a regulated vault for institutional crypto exposure. Similar to recent large-scale buys from firms like Strategy, Anchorage’s accumulation underscores Bitcoin’s increasing acceptance as a reserve asset.
The timing is no coincidence. Anchorage recently partnered with Ethena Labs to bring the USDtb stablecoin into the U.S. market under the GENIUS Act framework. The quiet BTC haul may serve as a precursor to deeper involvement in stablecoin issuance, possibly positioning Anchorage at the forefront of federally compliant digital dollar initiatives.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.