Volcon and Refine Group AB Buy the Dip as BTC Supply on Exchanges Hits Multi-Year Low Bitcoin dipped under $115,000, and institutions didn’t blink. Instead, they bought more. As BTC traded between $114,000 and $119,000, a fresh wave of corporate accumulation kicked in. Trading volume surged 40% in 24 hours. Buyers saw opportunity. They acted. At the time of writing, Bitcoin trades at $116,200, with a market cap of $2.46 trillion and 24-hour volume sitting at $45 billion, according to CoinMarketCap. Supply on centralized exchanges has now dropped to just 2.1 million BTC—the lowest since 2018. That’s a strong signal of conviction from long-term holders. Volcon Goes Big on BTC U.S.-based electric vehicle company Volcon made headlines by scooping up 2,903 BTC in a single day, raising its total holdings to 3,183 BTC. The company’s CFO called it a strategic play—hedging fiat risk and locking in long-term upside while prices sit below all-time highs. “We see Bitcoin fitting our long-term view,” the CFO said, noting that their treasury acted quickly once the price dipped. It’s a bold, high-conviction bet—and one that mirrors moves from other major corporate players. Sweden’s Refine Group Backs Digital Gold Swedish tech and investment firm Refine Group AB also made a move, raising 5 million SEK (about $520,000 USD) and channeling those funds directly into Bitcoin. Their CFO explained the decision as one rooted in capital preservation and diversification, viewing BTC as “digital gold” in an era of inflation and macro uncertainty. CÁC CÔNG TY TOÀN CẦU TIẾP TỤC TÍCH LŨY BTC Volcon đã mua thêm 2.903 BTC, nâng tổng số Bitcoin nắm giữ lên 3.183 BTC. Đây là một công ty của Mỹ chuyên sản xuất xe điện địa hình. Refine Group AB huy động thêm 5 triệu SEK (khoảng 520.000 USD) với mục… pic.twitter.com/G6JHQ8HUab — ThuanCapital (@ThuanCapital) July 25, 2025 Their timing matches the broader sentiment. With price weakness and improving regulatory clarity, firms are seeing this as the right moment to stack. The Trend: Corporate Accumulation Is Heating Up This isn’t isolated behavior. Over the past year, we’ve watched the corporate accumulation playbook evolve. Tesla led the charge. MicroStrategy doubled down. Then came Cornerstone, Marathon, and now Volcon and Refine Group AB. Across sectors—EVs, miners, tech, and investment firms— Bitcoin is becoming a strategic asset. The 40% spike in trading volume underscores what’s happening: institutional conviction is rising. Deep liquidity and low supply create a setup where large buyers move quietly, yet meaningfully. These aren’t retail frenzies. These are calculated treasury decisions. According to CoinMarketCap , Bitcoin dominance has climbed to 54.2%. Active addresses remain high, with over 1.2 million interacting with the network in the past 24 hours. BTC’s utility remains strong even in a volatile market. If Bitcoin can hold above $115,000, more companies are expected to step in. If it slips below $110,000, dry powder from institutional desks may flood in quickly. Either way, corporate treasuries are watching closely, and many are ready to buy. Right now, companies aren’t waiting for perfect timing. They’re moving on conviction. They see Bitcoin as scarce, durable, and increasingly strategic. With exchange supply at a six-year low and volume ramping up, the accumulation trend is nowhere near done. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
