Recent news in the crypto world has revealed that Grayscale, in early 2026, made a bold move by raising 1.25 billion USD to directly purchase 13,627 Bitcoins. Its total holdings have already surpassed 687,400 coins, accounting for 3.27% of the entire circulating supply. What does this number mean? It’s more substantial than the foreign exchange reserves of many countries. Seeing this, I understand that this wave is not just short-term speculation but a major shift in institutional-level asset allocation.

Why are enterprises collectively treating Bitcoin as a hot commodity? Essentially, there are three driving forces. First is the anti-inflation property—global money printing machines never stop, and Bitcoin, as a hard currency independent of traditional financial systems, demonstrates its value at this point. Second is the risk diversification logic—Bitcoin’s correlation with stocks and bonds is extremely low, and adding it to an investment portfolio can significantly reduce overall volatility. Lastly is the pure yield—during the market from 2019 to 2026, the increase has exceeded 2157%, which traditional assets simply cannot compare to. Coupled with the increasingly clear regulatory framework in the past two years, the confidence of institutional entry has grown even stronger.

But here, a cold shower is necessary. Institutional enthusiasm does not mean retail investors can sit back and win. The key support level in the current market is at $94,000, which is actually the average cost for new entrants over the past year. Once it falls below this, panic selling can easily trigger a stampede. Moreover, Bitcoin’s large fluctuations will directly amplify the stock price risk of holding companies, not to mention regulatory policy changes and accounting/tax issues that could explode at any time. Grayscale itself experienced a quarterly unrealized loss of 17.4 billion USD—what does this indicate? It shows that even professional institutions need to stay alert at all times.

The key difference is that corporate Bitcoin allocation is a long-term strategic layout. They have financing ammunition and a complete risk hedging system behind them, and can withstand long-term fluctuations. Retail investors shouting to buy in are easily the targets of being harvested. However, from another perspective, there is indeed certainty behind this trend—the consensus on Bitcoin’s value is shifting from individuals to institutions, and this evolution is almost irreversible. Lightning Network and cross-chain technology are continuously enhancing Bitcoin’s practicality. More and more countries are beginning to formulate regulatory frameworks for crypto assets. In the next decade, the probability of Bitcoin becoming a global supplementary reserve asset is quite high.

In other words, this major shift in asset allocation deserves ongoing attention, but it must be rational. For enterprises, decisions should be based on their own strategic and financial structures. Retail investors need to clearly understand their risk tolerance. Don’t be swept away by market sentiment, and definitely don’t chase highs and sell lows. The shift of Bitcoin’s value consensus from individual investors to institutions is itself the greatest opportunity—but opportunities and traps are often separated by a single thought.