In an interview, Bitcoin Magazine CEO David Bailey mentioned that Bitcoin is gradually being adopted by nations and institutions, sharing relevant data and projects. He stated that currently about 50 countries are involved in Bitcoin mining through public-private partnerships, with some countries' mining scales reaching hundreds of megawatts or even gigawatts. For example, Bhutan's Bitcoin mining revenue now accounts for more than 50% of its GDP. Additionally, he expects more sovereign nations to purchase Bitcoin through sovereign wealth funds or other means this year, noting that currently 700,000 Bitcoins are held by Bitcoin-related securities, a number that could grow significantly. Bailey also pointed out that the model of companies like MicroStrategy purchasing Bitcoin through asset securitization strategies is being widely replicated, with approximately 200 companies currently adopting similar strategies, and this trend is expected to expand further in the future.
Bitcoin Magazine CEO: Currently, around 50 countries are involved in Bitcoin mining, and 700,000 BTC are held by Bitcoin-related securities
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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