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Michael Saylor states that the Bitcoin winter has ended, with institutional and national-level adoption becoming the focus
Golden Finance reports that on April 24th, according to CoinDesk, Strategy co-founder Michael Saylor said “Winter’s over” when Bitcoin reached approximately $78k.
Analyst Mati Greenspan pointed out that the recent decline since the “flash crash” has been more of a correction within a bull market, and believes that the Bitcoin bottom has been reached, with the next phase of growth 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.