Recent data shows that the Bitcoin holdings of the top 100 listed companies worldwide have reached an astonishing 975,475 coins, a rise of 375% compared to the same period last year, far exceeding twice that of Bitcoin ETFs. Among them, the tech company Strategy leads with a holding of 628,791 coins. Notably, 46 new companies have joined the Bitcoin investment ranks this quarter, including Italian banks and Japanese retail giants.

This week, 13 institutions have intensively increased their holdings of Bitcoin, with BlackRock's ETF seeing a net inflow of $935 million in a single day. At the same time, the price of Bitcoin also hit a new high, breaking $124,545 on August 14, leading to 230,000 short positions being liquidated, with losses reaching as high as $541 million. Technical analysis shows that the MACD golden cross and RSI indicator are in a healthy range; if the price can stabilize above $120,000, it may trigger a new round of short funds being forced to close positions.

It is worth noting that institutional capital's share in the Bitcoin market has exceeded 60%, and the over-the-counter options trading volume has risen by 412% year-on-year. However, retail investors seem to prefer investing in Memecoins, leading to a widening gap of 30 percentage points compared to institutional investors.

The logic behind institutional investors' preference for Bitcoin is mainly based on the backdrop of the global fiat currency overproduction and the scale of U.S. Treasury bonds exceeding $37 trillion. In this context, Bitcoin's scarcity makes it a powerful tool against inflation. Furthermore, tech giants like Apple and Microsoft are promoting institutional investment enthusiasm by holding Bitcoin to lay out their strategies in the metaverse and blockchain tracing technology.

Looking ahead, Standard Chartered Bank and VanEck have raised their 2025 Bitcoin target price to a range of $180,000 to $250,000. A total of 143 companies worldwide have included Bitcoin in their balance sheets, and the Bitcoin reserves in the UK (61,245 coins) even exceed its gold reserves. These signs indicate that Bitcoin is becoming an important symbol in the restructuring of global capital order, and a silent financial revolution is quietly unfolding.

However, investors should remain cautious and closely monitor market changes. The high volatility of the cryptocurrency market means potential high risks, and investors should make informed decisions based on their own risk tolerance.