#比特币机构持仓 Seeing Saylor send another signal, my mind automatically recalls the timeline of institutional entry over the past decade.

In 2013, we were still debating whether Bitcoin is truly money; institutions? No one was touching it. By 2015, the first bold hedge funds started to dip their toes in. Then came the madness of 2017—everyone saw it—and after the bubble burst, the institutions that remained actually doubled down.

Now, the story is different. 67,1268 Bitcoins, with a cost basis of $74,972 each—this number itself speaks volumes. MicroStrategy’s holding history over these eight-plus years, from initial tentative purchases to now becoming a Bitcoin whale among publicly traded companies, is not gambling; it’s a systematic confirmation of long-term value by a capital-intensive enterprise.

The most interesting part is the pattern—every time Tracker information is released, there’s a buy-in announcement the next day. This rhythm has been used for so many years and is still in play—what does that mean? It indicates that this approach has long since shifted from market anomaly to some form of certainty. It’s not impulsive; it’s a process.

Looking back from the end of 2024 to now, the concentration of institutional holdings is increasing, and the size of individual purchases is also expanding. This is completely different from the retail-driven bull market of 2017. History tells me that when large capital begins to accumulate long-term in this "rhythmic and patterned" way, it often means they have reached a full consensus on the cycle bottom.

Saylor is just raising his hand again, but he’s merely confirming an already forming major trend.