2359: Bitcoin Crash Accelerates Institutional Accumulation

Bitcoin just suffered a major correction, but the biggest story isn't the price decline. Strategy CEO Phong Le says the company could potentially out-raise SpaceX's proposed $80 billion IPO, opening the door to acquiring more than 1.1 million additional Bitcoin. Meanwhile, the Strategic Bitcoin Reserve continues advancing, Charles Schwab expands its Bitcoin framework, UAE sovereign funds increase exposure, and the first Federal National Mortgage Association-backed Bitcoin mortgage officially closes.

As panic dominates the headlines, institutions, governments, and sovereign funds continue positioning for the future. We break down what may be the most misunderstood Bitcoin selloff of the cycle.

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