Michael Saylor Says ‘Bringing Bitcoin To Billions’ Matters – Bitwise Points To Wall Street’s $20T Pipeline

• Some are all about "bringing Bitcoin to billions," said Michael Saylor, while Bitwise CIO Matt Hougan said the next wave of big adoption will be from Wall Street, not crypto social media.

• Hougan named Morgan Stanley, Wells Fargo, UBS and Merrill Lynch as major catalysts, citing their wealth management platforms that control some $20 trillion in client assets and could see outsized inflows with small allocations to crypto.

• He cited the adaptability of Bitcoin to negative headlines like the Coldcard hack, CLARITY Act delays, and Strategy-related concerns as evidence of a possible market bottom.

Strategy (MSTR) Executive Chairman Saylor said on X on Wednesday that "some are trying to bring Bitcoin to billions" while "others are trying to win arguments on the internet." His comments echo Bitwise Chief Investment Officer (CIO) Matt Hougan's view that Bitcoin (BTC) may be nearing a market bottom. 

Hougan said last week in an interview with The Rollup that "when you have a market that entirely stops reacting to bad news, that's often a sign that you actually have a bottom."

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