Bitcoin reserves are becoming institutionalized! Ark's Cathie Wood, Strive and other institutions clarify why buying BTC is the best strategy.

ARK Invest (ARK Invest), Fold, 1031 VC and Strive, the CEOs and founders of these four institutions, gathered on 4/25 to discuss the trend of "Bitcoin being included in corporate financial statements." From MicroStrategy's (Strategy) aggressive coin buying strategy to the more moderate "Bitcoin reserve account model." This discussion breaks down the overall picture of how different companies and strategies approach the corporate adoption of Bitcoin.

ARK Wood: Corporate financial reports showing Bitcoin are becoming a "new normal".

ARK Cathie Wood stated that the global reserve status of the US dollar is being challenged, and the decline of China's foreign exchange reserves from 1.3 trillion to 700 billion USD is a clear signal. This has led many asset managers to start looking for hedging tools, with Bitcoin and gold becoming the primary assets to consider. She cited an example:

特斯拉 (Tesla)

Square ( is now Block)

MicroStrategy ( is now Strategy)

The aforementioned companies have included Bitcoin in their balance sheets. Although they faced ESG controversies at first, Bitcoin has now turned into an important role as a hedge against inflation.

Strive CEO: AI transforms business structure, and companies need to hold "scarce assets" more than ever.

Strive CEO Matt Cole stated that AI has rendered many originally profitable products worthless. He cited the example that tax software TurboTax could potentially be replaced by free AI models in the future, leading companies to be unable to profit from these businesses and only able to find new ways to preserve the value of their assets or profits.

He believes that Bitcoin is the "ultimate scarce asset," suitable as the core of the company's long-term capital allocation.

Fold CEO: We have survived the winter relying on Bitcoin, and now we are entering the leverage era.

Will Reeves, founder of Fold, shared that before going public, the company relied on "bitcoin reserves" to survive many crypto winters, and now it is considering expanding assets through bond issuance.

"For every new investment case, you must first ask: can this return on investment beat directly buying Bitcoin?" he emphasized.

Founder Odell: Private companies can also lay out plans as long as they have sufficient cash flow.

Odell emphasized that the Bitcoin financial strategy is not only suitable for publicly traded companies; any small clinic or startup with a stable cash flow can start holding coins.

He also candidly stated that although private enterprises do not have the operating space of public markets, they excel in having "low internal control risks" and can diversify risks through multi-signature wallets.

Leverage strategies and ETF alternatives, Bitcoin corporate holding models are flourishing.

Many companies are now starting to imitate MicroStrategy's operations, issuing convertible bonds and building positions through spot Bitcoin ETFs to reduce management risks.

However, there are opposing voices pointing out that MicroStrategy's current stock price premium is actually 80% to 110% higher than its actual coin value. If this "first mover" halo fades as more companies enter the market, it may potentially reverse into a discount in the future.

The Education Board understands that Bitcoin is becoming critical, and national entities have also begun to frantically seize coins.

Four members pointed out in unison that many board members currently do not understand how Bitcoin operates, and education and system design have become the first step in promoting holding policies.

Strive CEO Cole predicts that the next phase will be the "sovereign nation coin grabbing era." ARK Digital Asset Director Lorenzo Valente also emphasized that Bitcoin has no counterparty risk and will stand out in the future amidst "de-dollarization" and sanction risks.

But whether it is a startup, a small and medium-sized enterprise, a large corporation, or a country, we should start thinking about one thing: "In this wave of global de-trust and de-dollarization, where our asset security lies remains crucial."

This article discusses the corporateization of Bitcoin reserves! Ark's Cathie Wood and institutions like Strive clarify why buying BTC is the best strategy. Originally appeared in Chain News ABMedia.