Strategy CEO: Major Global Banks Will Enter Bitcoin Market Within a Year
- —Strategy holds 845,050 BTC and calls its strategy "buy bitcoin forever"
- —The CEO expects SEC, CFTC and Treasury rules within a month
- —Banks will compete with Coinbase in crypto custody
- —STRC recovered from $73 to $99, and Strategy has $5.1B in cash
Why it matters: Major banks entering custody and tokenization could accelerate institutional inflows into bitcoin and intensify competition with crypto exchanges.
Source: TokenPost