More than 4 million Bitcoins are now in global treasuries
The amount of Bitcoins in treasuries has officially surpassed 4 million BTC, reflecting the growing institutional adoption in ETFs, publicly traded companies, governments, and DeFi protocols. This signals a gradual shift from retail-driven cycles to more strategic and long-term capital.
However, the qualitative gap persists. Despite its increasing scale, Bitcoin is still traded as a risk asset: capital flows are predominantly speculative, and its market behavior continues to mirror technology stocks during periods of volatility. Achieving true "digital gold" status will require time, greater participation from long-term investors, and repeated demonstrations of resilience during crises and real-world correction cycles. $BTC
🕵️♂️ The Bitcoin pioneer (10/11) deposited more than US$ 60 million in #USDC (total: US$ 70 million) in HyperLiquid and increased his long position in #ETH (5x), currently valued at US$ 165 million. $BTC