Is Bitcoin going to become Wall Street's coin? BlackRock + Strategy have controlled nearly 1.2 million coins!
To be honest, the control of Bitcoin is no longer in the hands of retail investors.
The latest data shows: Strategy (formerly MicroStrategy) has already held 568,840 bitcoins, while BlackRock's IBIT has quietly acquired 627,985 coins. Together, they have nearly 1.2 million Bitcoins!
Do you know what that means?
The total circulating supply is only 21 million coins, and these two have taken almost 6%, and they are still buying.
Retail investors are trading in waves, while Wall Street is hoarding assets. Are you still worried about getting in? They have already bought out the garage. The future of Bitcoin is not about speculation; it's a contest for pricing power and a precursor to a reordering of asset hierarchies.
As large funds continue to lock up their holdings, the 'circulating' Bitcoin on the market is becoming less and less, and even a small increase in demand can trigger a frenzy of price surges.
It's not that a bull market has come; it's that large institutions are not giving you any more chances to wait.
