Currently, the number of coins held by all institutions and the number purchased by the company has reached 960,000 coins, with MicroStrategy accounting for 65%. Of course, this does not include ETFs; if ETFs are included, the overall proportion has exceeded 10%. In my previous articles, I mentioned that in the future, the proportion of institutions will exceed 60%, while the proportion of retail investors will be below 20%. This is because the US stock market has an institutional proportion of 60%, so retail investors must cherish the coins they hold.