Today, the Financial Times, one of the world's most popular daily newspapers, published a front page story on Bitcoin.
"Why listed company piling into Bitcoin?"
In fact, the world's largest listed companies are constantly increasing their strategic reserves of Bitcoin.
Why are the world's most popular listed companies getting so serious about Bitcoin? Where the world's superpowers are getting serious about Bitcoin? So this indicates something about Bitcoin in the future.
With just a few thousand more Bitcoin purchases on MicroStrategy, Michael Saylor will own 3% of the total supply. And the world's most popular celebrity is getting serious about Bitcoin, and why?
https://x.com/BitcoinNewsCom/status/1953795579085025751?t=xSCtugXS7NBMzqh45tNEUQ&s=19I'm interested in the conversation but try and remove celebrity influence on Bitcoin adoption, they are the worst set of people I don't like to see about their interest on Bitcoin. Almost all celebrities on X has bad reputation with cryptocurrency, there could be real ones that are holding Bitcoin lowkey and aren't listening to what people think nor do they want to influence about it but all the ones I know on X that are active are guilty of launching ICO tokens and meme coins, some reports are still in court unresolved.
Now let's talk about institutional investors interest, if any company has held Bitcoin when it was price at $10k and they refused to sell, now that it's trading at 11x it's price, that's some good profits you know for companies that has 7 and 8 figures. It's the same opportunities that were missed they are trying to avoid again. It's risk they are willing to take so they don't end up becoming the only companies without Bitcoin strategic reserve. Many companies have Bitcoin but don't want to disclose they have it for safety and privacy.