Study: Bitcoin 'Accumulator' Better for Businesses Than Dollar-Cost Averaging

 According to the latest research by the encryption market maker OrBit Markets, the "Accumulator" strategy for Bitcoin has outperformed the Dollar Cost Averaging (DCA) strategy since 2023. This structured product regularly buys BTC at a discounted price, with an average cost lower than DCA by 10%-26% during a bull market, but it requires the obligation to double the purchase when the price falls below the execution price. Research data shows that during the testing period from January 2023 to June 2025, the 3-month Accumulator reduced the average purchase cost of BTC to $39,035 (10% lower than DCA), the 6-month and 12-month strategies achieved average costs of $37,654 and $32,079 respectively. The product has a knock-out clause that automatically terminates when the BTC price rises to a predetermined barrier (such as $115,000). OrBit Markets trading director Pulkit Goyal pointed out that this disciplined buying method is particularly suitable for enterprise-level cryptocurrency asset allocation, but the feature of doubling the purchase when the price falls makes it unsuitable for short-term traders. (CoinDesk)