These are serious companies with great resources and specialists who have obviously come to the conclusion that bitcoin will go up and at some point will decouple from stocks as it was often in the past. This will give the desired insurance and more companies will invest.
Another interesting fact is that in the last 6 months the balance of spot exchanges has decreased by about 500K bitcoins, which is close to the amount owned by some companies listed in my post above. This trend will obviously continue with further purchases.
The real question here is how much we can expect companies to invest in bitcoin over the next 4-5 years. It is clear that not everyone will buy large quantities at once, so 1-2 month bubbles cannot be expected from there. But according to fidelity, the estimated fiat that will be invested is about $1.3 trillion. A simple calculation shows that this amount at the current price would buy more than 100 million bitcoins, which is impossible of course. Therefore, even only the institutions will move the price to at least 100K, which would correspond to 10 million bitcoins - again more than is actually achievable, because there will be more than 8 million bitcoins that are either lost or not sold below 100K.
So definitely this news is very important and we should be happy. And be patient. The decline in bitcoins on spot exchanges is only a sign (but a definite one) of an impending price increase. The real rise can be postponed for several months, at most 2 years, if there are violent manipulations through the derivatives. However, as the pathetic troll proudcon would say, mathematics and science prove that with such an investment the price will become at least 100K in the coming years. And if we add the natural retail growth which will be enough by itself to push the price above 100K, we can expect a peak well above 100K.
#confirmedbymathandscience
