Behind the Surge in Institutional Bitcoin Demand: What the Numbers Really Say

This story was originally published on HackerNoon at: https://hackernoon.com/behind-the-surge-in-institutional-bitcoin-demand-what-the-numbers-really-say . Institutions and countries are ape-ing into bitcoin. Why? Do they know something we don't? Check more stories related to web3 at: https://hackernoon.com/c/web3 . You can also check exclusive content about #Bitcoin , #instituitional-investments , #institutional-investors , #financial-institutions , #cryptocurrency-investment , #crypto-adoption , #crypto-trading , #good-company , and more. This story was written by: @Pauly2020 . Learn more about this writer by checking @Pauly2020's about page, and for more stories, please visit hackernoon.com . Companies don’t typically throw hundreds of millions at volatile assets without a thesis. But over the past four years, institutional Bitcoin buying has shifted from fringe experiment to boardroom strategy. Even traditional finance players like BlackRock and Fidelity have launched spot Bitcoin ETFs.