Strive announced that it had purchased 2,000 bitcoins for $169 million, reflecting growing confidence in cryptocurrency as a store of value. Given Bitcoin’s recent price volatility, this move should be interpreted cautiously. In my view, strategic allocations by institutional hedge funds are a sign of market maturation, but the risks are also significant. In the current macroeconomic environment, cryptocurrency’s safe-haven appeal has been amplified, and Strive’s move may be part of a long-term strategy. However, we should remain alert to short-term speculative bubbles. #StriveBuys2000BTCFor$169M

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