PANews May 8 news, Bitcoin Magazine CEO David Bailey mentioned in an interview that Bitcoin is gradually being adopted by countries and institutions, sharing relevant data and projects. He stated that currently about 50 countries are participating in Bitcoin mining through public-private partnerships, with some countries' mining scales reaching hundreds of megawatts or even gigawatts, for example, Bitcoin mining revenue in Bhutan has accounted for over 50% of its GDP. In addition, he expects that this year more sovereign countries will purchase Bitcoin through sovereign wealth funds or other forms, and mentioned that currently 700,000 Bitcoins are held by Bitcoin-related securities, a number that could increase significantly. Bailey also pointed out that companies like MicroStrategy are widely replicating the model of purchasing Bitcoin through asset securitization strategies, with about 200 companies currently adopting similar strategies, and this trend will further expand in the future.
