Odaily Planet Daily reports that Bitcoin and Ethereum have recently outperformed gold and global stock markets, highlighting increased safe-haven demand amid geopolitical tensions. Wall Street brokerage Bernstein noted that Bitcoin’s resilience reflects a fundamental shift in its ownership structure, with institutional investors now dominating the market. On the institutional side, Strategy, dubbed the “last central bank of Bitcoin,” has consistently purchased Bitcoin during market downturns. Recently, it added 22,337 BTC at approximately $70,194 per coin, bringing its total holdings to 761,068 BTC with an average cost of about $75,696. Analysts point out that Bitcoin’s recent performance under geopolitical pressure has reignited discussions around its role as “digital gold.” Strategy’s stock (MSTR) is currently trading at a 14% discount to its Bitcoin net asset value, offering equity investors a high-beta way to participate in Bitcoin’s upside. Through high-yield financing products offered via STRC, Strategy further secures liquidity to support additional market purchases.
Meanwhile, spot Bitcoin ETFs have attracted approximately $2.1 billion in inflows over the past three weeks, accounting for about 6.1% of the total supply, with institutional investors including wealth management firms, pension funds, and sovereign investors. Retail investors have recently shown net selling, but long-term holders still represent a high proportion—approximately 60% of Bitcoin has not moved in a year, indicating that its long-term store-of-value characteristics remain intact. (CoinDesk)