In an exclusive interview, Udi Wertheimer reveals how institutional investors are quietly reshaping the Bitcoin market.
Institutional Bitcoin Purchases
Udi Wertheimer asserts that over the past five years, institutional investors have been actively buying Bitcoin from old holders. "For the last five years, they’ve been buying out old holders of Bitcoin," Udi explains. The new buyers are not flippers; they are 'forced buyers.'
Michael Saylor's Strategy
Wertheimer points to Michael Saylor's strategy as a prime example of forced buyers. "If Saylor stops buying Bitcoin for a sustained period of time, his company loses all of its value... he has to keep coming up with more new, original ways to raise capital to buy Bitcoin."
Future of Bitcoin and Predictions
According to Wertheimer, we are at the tail end of old holders rotating out and may face a supply crunch that could ignite explosive moves. He shares an optimistic price target: "I think 400K is conservative."
Wertheimer's interview offers a unique perspective on how changes in market structure driven by institutional purchases could redefine the future of Bitcoin.