Meanwhile, Michael Saylor, a bold Bitcoin maximalist who has long been purchasing Bitcoin for the balance sheet of his company "MSTR - MicroStrategy," has issued another $800 million in bonds to buy more Bitcoin.

Currently, the company holds 226,331 BTC. Institutional investors began buying the company's shares back in 2022, with the average purchase price of Bitcoin around $37,000.

Through his company, we witnessed the beginning of institutional expansion into the crypto market even before there was talk of creating a spot Bitcoin ETF.

I remember people mocking him in 2022, but since then, his company's stock has risen by more than 1000%.

He who laughs last, laughs best.