#策略性加码BTC The Truth Behind Institutional Buying of Bitcoin: Asset Allocation Revolution or Retail Trap?

Recently, major asset management firms have been making big moves—raising $1.25 billion to acquire 13,627 BTC, with total holdings surpassing 687,400 BTC, accounting for 3.27% of the circulating supply. This scale is even heavier than some countries' foreign exchange reserves, raising a core question: why are corporations collectively betting on Bitcoin?

Three reasons support this wave of allocation: First, under global inflation pressure, Bitcoin has become a hard currency, completely independent of traditional financial systems; second, its correlation with stocks and bonds is very low, effectively diversifying investment risk; third, from 2019 to 2026, its gains exceeded 2157%, far outperforming traditional assets. Coupled with increasingly clear regulatory frameworks, concerns about institutional entry are diminishing.

But here’s a key point: the frenzy among institutions and retail investors’ passive gains are two different things. The current critical support level of $94,000 is exactly the average cost for new entrants over the past year. If it breaks below, it could trigger a chain reaction of panic selling. More painfully, Bitcoin’s price volatility directly amplifies corporate stock price risks, and regulatory policies, accounting, and tax changes all carry uncertainties—top institutions have even experienced quarterly unrealized losses of $17.4 billion.

The key difference lies here: corporate allocations are part of long-term strategic planning, with access to financing and professional risk hedging tools, but retail investors following the trend are easily left holding the bag. The real certainty is that the mainstreaming of Bitcoin is an irreversible trend—Lightning Network and cross-chain technologies are enhancing its practicality, more countries are establishing regulatory frameworks, and Bitcoin is increasingly likely to evolve into a global supplementary reserve asset.

From another perspective: this wave of asset allocation is indeed worth paying attention to, but blindly chasing highs is a recipe for disaster. Corporate allocations should align with their strategic goals and risk tolerance, while retail investors need to carefully consider their own situation. The consensus on Bitcoin’s value is expanding from individual investors to institutions, and this process represents a long-term opportunity. Can the $60,000 support level hold? What are your thoughts?