> Bitcoin moved from “darkweb drug money” to an institution-grade store of value asset in the space of a decade without a central authority to guide it.
"Institution-grade store of value?" Maybe if you mean an asylum.
"Institution-grade store of value?" Maybe if you mean an asylum.
You can see the current tallies at https://bitcointreasuries.net/
At the time I looked, MicroStrategy’s market cap is lower than the amount of bitcoin it holds. That has to be awkward if you’re an employee there.
[0] https://en.wikipedia.org/wiki/Collateralized_debt_obligation
A few billion in speculative investments doesn't make this "institutional" in a hundreds-of-trillion-dollar market, either.