The demand for $BTC and $ETH from traditional institutions, sovereign entities, and companies exceeds the imagination of most people in the industry.
-Metaplanet Company has purchased $133 million worth of Bitcoin and plans to inject $5 billion into its U.S. subsidiary to continue buying.
-Texas has confirmed it will purchase $10 million worth of Bitcoin as reserves.
-Bhutan has now become the third largest holder of Bitcoin in the world.
-Bakkt Holdings, Green Minerals ($1.2 billion), Pompalino ($750 million), Pomp's ProCap ($386.5 million), and GameStop (through $2.7 billion in debt financing) have all joined this Bitcoin accumulation race.
-Coinbase CEO Brian Armstrong stated that the company is buying Bitcoin every week.
-Sharplink has increased its holdings of Ethereum (ETH) by $30 million, significantly shifting towards a strategy of supporting cryptocurrencies with corporate asset reserves.
-The White House has also hinted at a “Bitcoin accumulation plan.”
-U.S. regulators are considering allowing cryptocurrencies to provide backing for federal housing mortgages.
This is a global crypto storm; it sounds exaggerated, but we have entered an era of large-scale crypto applications and investments, continuously accumulating $BTC to avoid being left behind by the trends of the times.