🔥BRUTAL🔥
👀Bitcoin recorded a NEW ALL-TIME 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 BIG INSTITUTIONS that are BUYING #Bitcoin ⁉️
👉In this cycle, even giants like JP Morgan are announcing that they will allow clients to buy bitcoin and corporations are integrating it as a treasury asset
👉Some of the major 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 they bought for the first time
▪️Metaplanet, known as the "MicroStrategy of Asia", accumulated 7,800 BTC, valued at approximately $807M
▪️MicroStrategy: Holds 576,230 BTC, representing approximately 2.74% of the total supply.
▪️BlackRock: Through its iShares Bitcoin Trust ETF, manages 636,120 BTC, establishing 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 more institutions that are also BUYING.
📍Undoubtedly, this difference SUPPORTS the LONG-TERM growth PROJECTIONS for #Bitcoin and