Bitcoin is now a $1 trillion asset. It is more valuable than Tesla and Facebook, And as of now, only six companies have higher market capitalizations than Bitcoin. However, I am not interested in talking about Bitcoin’s “mad gains.” I want to talk about the dominating narrative behind Bitcoin in late 2020 and so far in 2021: increased institutional investment. Before I do, here is a small primer. What exactly is Bitcoin? Well, according to Lily, a 3-year-old who is also a bitcoin HODLer, “Bitcoin is digital money.” I couldn’t have put it better myself! As far as institutions are concerned, Bitcoin has jumped from ... (full story)