Bitcome Cio Matt Hougan, MAG 7 Corporate Treasures are starting to accumulate fast Bitcoin – Here is the reason
Bitwise Chief Investment Officer Matt Hougan says that Bitcoin’s (BTC) corporate purchase is probably about to explode.
In a new interview with Kyle Chasse on the Youtube channel, Hougan says that it is still relatively unusual when keeping BTC in corporate treasures, and that the same thing can be said about Bitcoin stock market tastes (ETF) in the early days.
Hougan says sees It is a theme that develops in the adoption of Bitcoin as an institutional reserve presence in parallel with the embrace of BTC ETFs.
Im Let’s make an analogy to the ETF field… If you look at the corporate asset administrators in the crypto field, they were only crypto indigenous people in the first days. Gray toned. There were Bitweard and a few people. And then they are employed by a family, not as a company, but by a family.
You see the same thing in companies. It was Michael Saylor alone. Then Michael Saylor and Metaplanet and a few people. Oh, Block has some Bitcoin and Tesla may re -think, and Paypal is probably looking at him and expanding. Why do we think that Blackrock’s – Blackrock equivalent – will come and come to Bitcoin; To me, the pattern is fully matched. At that time, people were suspicious and looked at us today. People are skeptical now and I think we will be in the same place in a few years. “
During writing, Michael Saylor’s Microstrategy BTC’s corporate treasureAnd then the marathon of mining companies and rebellion platforms. Tesla has the largest fifth institutional Bitcoin pile.
https://www.youtube.com/watch?v=dvox1t3ycmu
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