#BigTechStablecoin

💥Breaking News💥

Fidelity buys 224.72 BTC worth $22.8 million.

Fidelity's purchase of 224.72 BTC worth $22.8 million reflects a growing trend among institutional investors, supported by a 2023 study from the National Bureau of Economic Research showing a 50% increase in institutional crypto holdings since 2020, signaling a shift toward mainstream financial acceptance.

This move coincides with Bitcoin's recent price surge past $100,000, as noted in a June 2024 CoinDesk report, contrasting with profit-taking by large holders (whales) who have reduced their supply by 40% over eight years, per data from June 4, 2025.

The timing aligns with EstateX's upcoming $ESX token launch on June 18, 2025, suggesting a potential intersection of real-world asset tokenization and traditional finance, as EstateX's blockchain aims to tokenize $300 trillion in real estate, per January 2025 analysis.