Strategy Calls Bitcoin 'Core of Digital Capital Markets' — Skeptics Push Back

Strategy has declared that Bitcoin (BTC) is no longer merely a speculative asset but rather a core asset of digital capital markets. The company's assessment is that Bitcoin's role is fundamentally expanding as institutional investor access improves and market infrastructure matures.

According to crypto-focused media outlet Odaily, Strategy laid out this view in its latest "Bitcoin Investor Guide." The company explained that Bitcoin's long-term value rests on four pillars: scarcity, open access, global liquidity, and independent verifiability.

Strategy further projected that Bitcoin could absorb some of the monetary premium currently attached to traditional assets such as gold, real estate, equities, bonds, and art. The logic: Bitcoin is not simply a vehicle for price appreciation but a store of value capable of encroaching on the territory of established asset classes.

Market indicators cited in the guide support the narrative of Bitcoin's institutional integration. As of the 4th, Bitcoin traded at approximately $79,809, about 23.3% above its 200-week moving average of $64,715. While the one-year return was a disappointing -28.3%, the 10-year annualized return stood at approximately 62.8%.