4⃣
Other parties are also playing a potentially larger and quiet role, and they are the companies 🏢
#MicroStrategy 📊 currently owns more than 592,000 BTC, and if we only count from June 2024 until now, we notice that they have added 378K currency #BTC at a cost of approximately 26.7 billion dollars.
Using the same calculation method as before, if we assume that they alone caused the increase, the multiplier would be 48x.
This means that every 1$ from Strategy equals 48$ in market value‼️
5⃣
🟢Currently, we will combine the impact of #etf and Strategy together
and try to benefit from the results by predicting future prices.
If the inflows continue at the same pace for one more year 👇
51.8$ billion from ETF
➕
26.5$ billion from Strategy
🟰
78.3$ billion
We multiply it by an average multiplier of about 35x
= Increase of 1.5 trillion in market cap.
6⃣
👌Finally, we have the governments and banks.
If a very small portion of the reserve #GOLD is allocated to Bitcoin, here are the results:
1% of gold = +69K on the current price
5% = +345K
#BinanceAlphaAlert 10% = +690K