Grayscale is officially a hungry hungry hippo. They have been on an absolute tear lately, gobbling up 17,100 Bitcoin according to its website. Grayscale was created back in 2013, which now owns 2.5% of all Bitcoin, nearly 450,000 valued at over $4.7 billion. Remember that meme? “Institutional FOMO when?” – Well… RIGHT NOW!
Day after day, we’re seeing record high volume alerts from the Bakkt bot. You have to wonder, if it’s not retail interest, then who? Institutions! MicroStrategy, Grayscale, and many others are ACTIVELY buying large portions of Bitcoin. Hell, Peter Schiff is fudding the market so he can accumulate longer, don’t play dumb Peter!
We are in the lull that will forever change our lives. Soon™, we will be able to buy a house with 1 Bitcoin. Soon we will be free from the shackles of wage cuckery.
Soon… we will make it. Stay strong my friends – stay strong.