#AirdropStepByStep

Institutional adoption of Bitcoin has received significant momentum from the bold actions of visionary companies. One important moment in Bitcoin's history in 2024 is the strategic decision of MicroStrategy.

Liputan6.com, Jakarta - The year 2024 is noted as an important moment when Bitcoin (BTC) officially transforms into an asset that can no longer be ignored. This achievement is inseparable from various monumental events, including the launch of spot Bitcoin Exchange-Traded Funds (ETFs) and the strategic adoption of BTC by several large companies, even as its price surpasses the psychological threshold of USD 100,000.

Not only that, Bitcoin has also become a central issue in political dynamics, receiving attention on par with other major topics in the United States presidential election. At the beginning of the year, specifically in January 2024, the financial world was shaken by the decision of the U.S. Securities and Exchange Commission (SEC) to approve the launch of 11 spot Bitcoin ETFs.

This step marked a significant turning point, considering that for years the SEC had insisted on rejecting similar applications due to concerns over market manipulation and investor protection.

"This approval reflects a profound change in attitude from regulators, which not only opens the door for billions of dollars in liquidity to flow into the crypto market but also strengthens the legitimacy of Bitcoin as an asset class," quoted from Nanovest research, cited on Monday (1/6/2025).