Treasury holdings just crossed a massive threshold—over 4 million Bitcoin now sits on institutional balance sheets. This milestone captures a broader trend: from exchange-traded funds absorbing supply to publicly traded firms stacking sats, even sovereign entities and DeFi protocols are entering the game. What we're watching unfold is a structural pivot in how major players view Bitcoin—not as speculation, but as a strategic reserve asset.
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Treasury holdings just crossed a massive threshold—over 4 million Bitcoin now sits on institutional balance sheets. This milestone captures a broader trend: from exchange-traded funds absorbing supply to publicly traded firms stacking sats, even sovereign entities and DeFi protocols are entering the game. What we're watching unfold is a structural pivot in how major players view Bitcoin—not as speculation, but as a strategic reserve asset.