Bitcoin Dey On Track to Be Global Reserve Currency
Ex-Binance CEO Changpeng Zhao (CZ) dey predict say Bitcoin go become global reserve currency as institutional adoption dey speed up. As old financial companies and countries dey add BTC to their balance sheets, Bitcoin case as global reserve currency dey stronger. Data from Bitcoin Treasuries show say 309 entities hold 3.68 million BTC for their balance sheets, including 177 public companies. For just first half of 2025, 51 companies add Bitcoin treasuries, compared to 37 new adopters for 2024. Over 35 firms hold at least 1,000 BTC each, boosted by share price rallies after dem announce purchase. Leading na Michael Saylor’s MicroStrategy with 632,457 BTC, wey be 3% of circulating supply. Even though 19.9 million BTC dey in circulation, plenty supply still dey available for new corporate treasuries, showing growing confidence in Bitcoin as store-of-value and supporting im journey toward global reserve currency status.
Bullish
Di increase wey dey happen for institutional adoption of Bitcoin na beta sign. When companies and country dem add BTC for their treasury, demand go increase and market confidence go rise. For history, announcement wey MicroStrategy and Tesla do na im bring big price rally. The 51 companies wey join for first half of 2025, compared to 37 wey join for whole of 2024, show say adoption dey quick quick. This kind demand wey dey develop fit support Bitcoin price both short term — with immediate buying pressure — and long term — by making e strong as store of value and possible global reserve asset.