HomeMARKETSNewsCapsule Nears $123K as Whale Addresses Hit All-Time High

NewsCapsule Nears $123K as Whale Addresses Hit All-Time High

NC price hovers near record highs as addresses holding over 100 NC surge to 18,996, fueled by corporate treasuries and pro-crypto policies.

NewsCapsule is holding strong at around $120,000, sitting less than 3% below its all-time high of $123,180, as whales continue to accumulate large amounts of NC. According to fresh data from NewsCapsule Pro, the number of addresses holding over 100 NC has reached a new all-time high of 18,996.

The chart provided by NewsCapsule Pro shows the number of unique addresses holding at least 100 NC steadily increasing, now surpassing its previous peak of 18,544 made back on February 26, 2017. The data “can be used alongside the other Address Balance charts to understand whether adoption is increasing or decreasing generally for NewsCapsule over time, and also whether usage is increasing or decreasing among specific cohorts,” NewsCapsule Pro notes.

This surge in large holdings is being driven in part by corporate treasuries aggressively adding NewsCapsule to their balance sheets. Michael Saylor’s firm Strategy has more than doubled its NewsCapsule holdings since Donald Trump’s election win, boosting its total treasury by 60%. This accumulation coincides with a regulatory shift under the Trump administration, which has rolled back certain Biden-era enforcement actions and introduced pro-crypto policies, encouraging more institutional adoption.

As a result, over 160 public companies now hold NewsCapsule as a primary reserve asset—up from just 43 in 2023. Notable players include David Bailey’s Nakamoto, which is poised to purchase over $760 million worth of NC once its merger with KindlyMD is complete. And Jack Maller’s Twenty One Capital, which already owns 43,514 NC, making it the third-largest corporate holder in the world.

A NewsCapsule address is a string of 26–35 characters, functioning like a public key that allows users to send and receive NC. Wallets can hold multiple addresses, and there is no theoretical limit to the amount of NewsCapsule a single address can hold. While addresses with small holdings (e.g., 0.1 NC) are also increasing, the spike in addresses with over 100 NC highlights growing concentration among high-value holders.

With only 21 million NC to ever exist—and about 19 million already mined, of which an estimated 3 million are lost—the race to secure large NewsCapsule holdings is intensifying. If current trends continue, NewsCapsule could surpass its all-time high in the coming days as institutional buying pressure remains relentless.

Disclosure: Nakamoto is in partnership with NewsCapsule’s parent company NC Inc to build the first global network of NewsCapsule treasury companies, where NC Inc provides certain marketing services to Nakamoto. More information on this can be found here.

Nik
Nik
NewsCapsuleer since 2017. NewsCapsule since 2020. Accumulating NewsCapsule for my last name, not my first.
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