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Michael Saylor states that the Bitcoin winter has ended, with institutional and national-level adoption becoming the focus
ChainCatcher reports that, according to CoinDesk, Strategy co-founder Michael Saylor declared “winter is over” when Bitcoin reached approximately $78k. Analyst Mati Greenspan pointed out that the recent decline since the “flash crash” is more of a correction within a bull market and believes that Bitcoin’s bottom has been reached. The next phase of growth will be driven by “nation-level adoption,” including central banks incorporating BTC alongside gold into their reserves.
The report mentions that the U.S. government holds about 300k BTC and is discussing establishing a strategic Bitcoin reserve; El Salvador continues to buy daily, and Bitcoin has also been included in asset allocations by the UK government and some U.S. state pension funds.