🔥BRUTAL🔥
👀Bitcoin recorded a NEW HISTORICAL HIGH, but NOT like in previous CYCLES
What do I mean by this⁉️
-Previous cycles were NOT driven by INSTITUTIONS like today
-This is a HUGE difference that is making history
What are some of the LARGE INSTITUTIONS that are BUYING #Bitcoin⁉️
👉In this cycle, even giants like JP Morgan announce that they will allow their clients to buy bitcoin and corporations are integrating $BTC as treasury assets
👉Some of the main institutions that are buying #Bitcoin:
▪️Abu Dhabi Sovereign Fund (Mubadala): Increased its holdings in Bitcoin ETFs to nearly $409 million.
▪️The Brazilian company Méliuz started acquiring #Bitcoin this month and already owns $30M in $BTC
▪️Tolleson Wealth, with $8.6B, and Northrock with $5.8B revealed that they bought $BTC for the first time
▪️Metaplanet known as the "MicroStrategy of Asia," accumulated 7,800 BTC, valued at approximately $807M
▪️MicroStrategy: Owns 576,230 BTC, representing approximately 2.74% of the total supply.
▪️BlackRock: Through its iShares Bitcoin Trust ETF, manages 636,120 BTC, solidifying itself as the largest BTC fund.
▪️Fidelity: Its Wise Origin Bitcoin Fund controls 199,840 BTC.
▪️Grayscale: The Grayscale Bitcoin Trust holds 187,847 BTC.
📍And there are MANY other institutions that are also BUYING.
📍Without a doubt, this difference SUPPORTS the LONG-TERM growth PROJECTIONS for #Bitcoin and #Cripto
