📈While some weak hands have sold in the last few months, the rush to accumulate $BTC does not stop. Both public and private companies and government are accumulating. If Strategy is not a secret, Mara Holding, Galaxy Digital and XXI are also accumulating strongly and clearly. 

Among private companies, Block One and Tether hold more than 100k $BTC. Hayes (former CEO of Bitmex) when he talks about $BTC at 1M by 2028 is probably exaggerating, however if other large public companies (especially technology) or sports clubs enter the market... the price in the next few years could explode. If we go towards the concept of long term investment, even the 4-year cycles dictated by the Halving could be compromised (the Bear Market for $BTC could be less ugly compared to the past).

As for governments: USA, China and UK are the largest holders of $BTC in the world. North Korea data may not be accurate. El Salvador continues its DCA by buying 1 $BTC per day.