#BTC still belongs to individuals, not to corporations.

Despite the large institutional purchases, the genius of Satoshi ensured that Bitcoin remains dominated by individuals.

Most of the supply is still in the hands of individuals. Corporations are struggling for the million of #BTC that is yet to be mined.

From a media perspective, Bitcoin seems to be going through a moment of transition. With so much news about companies adopting bitcoin as a Treasury asset, it may seem like the days when this revolutionary asset promised to return power to individuals are in the past. As is often the case with #BTC, it is necessary to zoom out to see that the forest is more than just the biggest trees.

It is undeniable that Strategy has unleashed an accumulation race of which we are probably only seeing the first steps. The voracity with which this company buys bitcoin is something that will be studied in the history of monetary history. Strategy has taught, even to companies native to the industry, what the logical actions a company should take are once it understands the value of bitcoin. It has made us all feel that we did not understand how to play aggressively the game of digital scarcity.