The great capital seems to be becoming more and more hungry when it comes to Bitcoin (BTC)

This shift also noticed John d'Agostino, head strategy at Coinbase Institutional. According to him, it is a clear indication that major players take Bitcoin more and more seriously as strategic property.

The great capital seems to be becoming more and more hungry when it comes to Bitcoin (BTC). While many private investors cash their profit through spot markets and Exchange Traded Funds (ETFs), we see that institutional parties eagerly absorb this offer.

This shift also noticed John d’Agostino, head strategy at Coinbase Institutional. According to him, it is a clear indication that major players take Bitcoin more and more seriously as strategic property.

Governments Tack

Sovereign Wealth Funds Buy Bitcoin at a pace that cannot be ignored. This concerns the practice in which state investment funds from countries BTC purchases “Bitcoin is now being traded exactly as proponents always saw for themselves,” says D’Agostino in an interview on CNBC. “It is scarce, unchanging and free of government influence. Exactly what you are looking for during economic uncertainty.”

Countries such as El Salvador and Bhutan clearly take the lead. They have included Bitcoin in their national reserves for a long time. At the local level, the interest is also growing, more and more cities and federal states are working on legislation to protect their treasury against the dropout of Fiatruututa. And of course America is not lagging behind either.

Donald Trump signed a national strategy for a BTC reserve fund last month. Although no new coins are purchased, the fund consists of previously confiscated bitcoins.

Saylor’s bitcoin vision becomes mainstream

Not only governments make their way, companies also get on a large scale. Michael Saylor’s MicroStrategy, now renamed Strategy, gave the starting shot in 2020 with a strikingly aggressive Bitcoin purchase strategy. Since then it has been acting as an example for other companies worldwide. The Japanese metaplanet, for example, occurs in their footsteps with considerable purchases. The company recently even exceeded the milestone of 5,000 BTC in possession.