Saylor "Bitcoin Is Becoming Wall Street Infrastructure Amid Trump Support"
Bitcoin (BTC), bolstered by strong support from Donald Trump and an unprecedented influx of institutional capital from traditional finance, has established itself as core infrastructure of the digital asset market, solidifying its position as an unavoidable mainstream asset.
On February 6 (local time), Michael Saylor emphasized in an interview with the cryptocurrency-focused YouTube channel Bitcoin Magazine that Bitcoin’s status has fundamentally changed from the past. Calling Donald Trump a “Bitcoin president,” Saylor assessed that there is a firm determination to make the United States a Bitcoin superpower and the global capital of digital assets. Such support from the highest levels of politics is expected to become a critical foundation driving massive changes across the entire industry.
Changes in the composition of the government cabinet are a decisive factor strengthening the fundamentals of the digital asset market. While skepticism or ignorance toward Bitcoin was common within government in the past, key figures such as Vice President JD Vance, Treasury Secretary Scott Bessant, and Securities and Exchange Commission Chair Paul Atkins are now openly supportive of Bitcoin’s value. Kevin Warsh, a candidate for Federal Reserve Chair, also understands the utility of digital assets, signaling a sweeping shift in perception across government. In Congress as well, bipartisan consensus has formed around accepting Bitcoin as a legitimate asset.
The financial sector’s stance is also changing rapidly. As recently as 18 months ago, it was nearly impossible for major financial institutions to trade the spot Bitcoin ETF IBIT or offer credit using it as collateral. Now, large banks are racing to announce Bitcoin custody, trading support, and credit services. Banks activating Bitcoin-based credit lines carry an impact comparable to another halving occurring on the Bitcoin network. As traditional finance and fintech firms expand Bitcoin channels, an environment has been created in which all investors can access Bitcoin.
Holdings of Bitcoin by corporations and institutional investors are surging explosively. Currently, 125 exchange-traded funds (ETFs) or exchange-traded products (ETPs) have been launched, holding a total of 1.4 million BTC, with the trend continuing steadily upward. The number of publicly listed companies adopting Bitcoin as a treasury asset has grown from Strategy being the only one in 2019, to 64 in 2024, and now to 194. The inclusion of major companies such as Coinbase and Robinhood in the S&P 500 index serves as a signal proving the structural improvement of the digital asset industry.
The digital asset market has now passed a major turning point, moving away from being viewed as mere speculative instruments to being recognized as a legitimate asset class. As politics, finance, and corporations restructure the ecosystem around Bitcoin, its mainstream adoption has become irreversible. The phenomenon of major capital market forces embracing Bitcoin and competitively expanding access demonstrates that the fundamentals of digital assets have grown stronger than ever. Over the next decade, Bitcoin is expected to play a core role in digital capital and fundamentally reshape the structure of the global economy.
*Disclaimer: This article is for investment reference only, and no responsibility is taken for investment losses based on it. The content should be interpreted solely for informational purposes.*
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