Crypto custodian Anchorage Digital has made waves by acquiring 10,141 BTC, valued at $1.19 billion, signaling strong institutional confidence. This significant purchase, reported today on X, highlights the firm’s strategic move to deepen its Bitcoin exposure. Anchorage, a federally chartered crypto custodian, continues to solidify its role in institutional crypto adoption.
Institutional BTC Purchase Continues
The purchase of 10,141 BTC has sent ripples through the crypto market, fueling investor interest. The acquisition, noted by Lookonchain, reflects the company’s belief in Bitcoin’s long-term value. With the apex coin trading at $118,000, the purchase highlights the firm’s aggressive strategy to bolster its portfolio.
The move aligns with Anchorage’s history of bridging traditional finance and crypto through secure custody solutions. As the only federally chartered crypto bank in the U.S., it serves major institutions like BlackRock. This purchase could enhance Anchorage’s reputation as a trusted custodian for digital assets.
Recently, the crypto custodian firm teamed up with Ethena Labs to launch USDtb, marking the debut of a stablecoin in compliance with the GENIUS Act, which was enacted on July 18, 2025. This significant legislation introduces strict standards for stablecoin issuance, requiring federal oversight by the Federal Reserve.
Institutional Crypto Adoption
Anchorage’s acquisition signals a broader trend of institutional investment in Bitcoin. The crypto market has seen growing interest from Wall Street, with firms like Cantor Fitzgerald tapping Anchorage for custody. Bitcoin’s market cap of $2.35 trillion and 24.60% growth over 90 days reflect robust demand.
This purchase may encourage other institutions to increase their crypto holdings, boosting market confidence, as dormant whales are waking up to move substantial amounts of Bitcoin. However, regulatory scrutiny, like the 2022 OCC consent order, remains a challenge for Anchorage.
Meanwhile, the Smarter Web Company, a UK-based web design and development firm, has taken a bold step to boost its strategic bitcoin (BTC) reserve. The company just announced a purchase of an additional 225 BTC, bringing its current total holdings to 2,050 BTC.
The company’s latest acquisition of 225 BTC aligns with its “10 Year Plan” to integrate Bitcoin into corporate treasury, a strategy mirroring recent moves by firms like Strategy, which holds 628,791 BTC as of today, signaling a growing corporate trend in crypto adoption.
