Another listed company DDC has launched a Bitcoin strategic reserve plan, aiming to accumulate 5,000 Bitcoins within three years.
As I mentioned before, a structural buying trend has begun to emerge:
As companies face a declining consumer power environment, all the benefits of hard assets are fading, and they have no choice but to turn to BTC as a lifeline.
It’s not that companies choose BTC; rather, companies can only choose BTC!
This will gradually form a principle of thought—
Whenever there is a demand for hedging in the future, there will definitely be a dish of #Bitcoin on the table, which cannot be skipped.
This is the source of structural buying!
Wall Street brokerage firm Bernstein predicts that by 2029, global companies will add $330 billion in Bitcoin holdings.
So in the future, it will prove that saying:
Institutional buying of Bitcoin is not good news for Bitcoin; Bitcoin being bought by institutions is good news for institutions.