NewsNTech
Coinbase is orienting its product development around artificial intelligence, even as MicroStrategy co-founder Michael Saylor argues that a narrow set of institutions is doing the heavy lifting to keep $BTC in the mainstream financial conversation.
The pairing of those two signals — one about infrastructure, one about market structure — puts the spotlight on who is actually driving Bitcoin adoption at this stage of the cycle.
Saylor's Concentration Thesis Saylor's framing is pointed: mainstream Bitcoin exposure is not broadly distributed but held up by a small group of firms.
The implication is that retail enthusiasm has given way to a more concentrated corporate and institutional base as the primary source of demand and legitimacy.
Keep reading