Institutions Investing In Bitcoin Isn’t About Money

Bitcoin is now a $1 trillion asset. It is extra helpful than Tesla and Facebook, And as of now, solely six corporations have greater market capitalizations than Bitcoin.

However, I’m not occupied with speaking about Bitcoin’s “mad positive factors.” I need to discuss concerning the dominating narrative behind Bitcoin in late 2020 and up to now in 2021: elevated institutional funding.

Before I do, here’s a small primer. What precisely is Bitcoin? Well, in accordance with Lily, a 3-year-old who can also be a bitcoin HODLer, “Bitcoin is digital money.” I couldn’t have put it higher myself!

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About the Author: Daniel