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2024-10-31 12:32:57

Bitman on Nostr: Get ready to rethink your mental models. Institutional interest in Bitcoin is only in ...

Get ready to rethink your mental models.

Institutional interest in Bitcoin is only in its first year – and it’s not even over – but it’s already made one thing clear: they want your BTC.

Yesterday, ETFs had the second-best day in their history, with net inflows of $893 million, pushing ETF BTC holdings above 1 MILLION coins.

Meanwhile, Saylor made another move, announcing a $42 billion funding plan over the next three years. This represents around 577,000 BTC at current prices, while only about 492,000 BTC will be mined in the same period.

You don’t need to be a math genius to understand: they’ll need to get BTC from those who already hold it.

Amid complex economic, social, and geopolitical scenarios, if you’re not bullish on BTC for the long term, I suggest a re-evaluation.

You have no idea of the scale of Bitcoin’s upcoming revaluation in the years ahead.

It’s not too late.

GM!
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