There’s a saying in investing where if you’re taking a screenshot to send to someone of how successful a trade has been that’s probably a good time to take some profit.
Then there’s the other side of the coin where after has taken a significant fall you “buy when there’s blood in the streets. Even if it’s your own.”
Here’s who has been buying and building in Bitcoin so far.
SAFU Enough For You?
On February 2nd, Binance completed the first tranche of a move from their SAFU fund by converting $100 million of their SAFU emergency fund from stablecoins into Bitcoin.
That’s 1,315 BTC bought at an average price of $77,410 per coin.
But here’s what matters: This is just the opening act.
Binance announced they’re converting the entire $1 billion SAFU fund from stablecoins to Bitcoin over the next 27 days. That means $900 million in buying pressure is still coming from just one company which by the way does 5X the volume of Coinbase.
And get this... if Bitcoin’s price drops far enough that the fund’s value falls below $800 million, Binance is required to buy more Bitcoin to top it back up.
So Binance, the largest crypto exchange has created a structural buying mechanism that every time Bitcoin dips they’re a forced buyer.
One analyst called it “central bank-style market intervention” and they’re not wrong.
This isn’t some trader making a bet. This is the world’s largest crypto exchange saying Bitcoin is a better reserve asset than stablecoins tied to banks and traditional finance.
They’re reducing counterparty risk by getting OUT of dollar-pegged tokens and INTO Bitcoin.
Let me put this in perspective: When Binance did something similar in 2023, converting SAFU into BTC, ETH, and BNB, Bitcoin’s price rose 250% over the next year.
Will that happen again?
We believe it will and Binance built a clever mechanism to buy the dip and give reassurance to the market.
Germany’s Biggest Bank Just Gave 9.5 Million People the Bitcoin Buy Button
While Binance was buying the dip, ING Deutschland was making history.
On February 2nd, Germany’s largest retail bank opened crypto ETN trading to its 9.5 million customers.
Bitcoin, Ethereum, Solana... all available right in their existing brokerage accounts.
No separate crypto exchange or private keys to manage or even wallets to set up.
Just click a button. Buy Bitcoin. Done.
Think about what this means.
ING is the third-largest bank in the world’s third-largest economy. And they just told 9.5 million people: “Yeah, you can buy Bitcoin the same way you buy Apple stock.”
The ETNs come from established players... 21Shares, Bitwise, VanEck. They’re physically backed and traded on regulated exchanges.
And here’s the kicker: In Germany, if you hold for more than a year, potential capital gains are tax-free.
VanEck Europe’s CEO, Martijn Rozemuller, said this: “Many investors want a solution that fits into existing depot structures and at the same time convinces with transparent costs. That’s exactly what this partnership stands for.”
Translation: People will buy Bitcoin if you make it as easy as buying a mutual fund.
And ING just made it that easy for nearly 10 million people.
That dear reader is what we call a growing network effect. The easier it gets to buy Bitcoin, the more people will buy Bitcoin. The more people who buy Bitcoin, the more legitimate it becomes. The more legitimate it becomes, the safer people feel and the more that they buy.
Another brick in the road to $1M Bitcoin.
📖 Wait... have you grabbed your copy of “The Million Dollar Bitcoin... And How You Can Profit” yet?
Because if today’s news doesn’t show you the $1M thesis playing out in real-time... I don’t know what will.
The world’s largest crypto exchange is converting $1 billion into Bitcoin. Germany’s biggest bank just opened the floodgates to 10 million retail investors. This isn’t happening “someday” or if it is, that day is today.
I wrote this book for one reason: To give you the complete case—the data, the stories, the math—behind why Bitcoin is heading to seven figures. Not hopium. Not hype. Just facts.
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What you get:
The complete 7-pillar thesis (deeper than this newsletter)
Real stories like Laleh’s escape from Afghanistan with her Bitcoin seed phrase
The exact risks you need to know (no sugarcoating)
How to calculate YOUR potential Bitcoin position
Why the suits finally “get it” and what that means for you
This isn’t about convincing you to buy Bitcoin. It’s about giving you the information to make your own informed decision.
Order now. Start reading today. Decide for yourself.
Bitwise Just Said the Quiet Part Out Loud
Bitwise, the crypto asset manager, dropped a prediction on February 3rd that said Bitcoin could hit a new all-time high in 2026. And $1 million within the next decade.
Not because of the halving cycle.
Not because of some four-year pattern that’s worked in the past.
BUT because those patterns are breaking down.
Ryan Rasmussen, Bitwise’s Head of Research, put it simply: “Bitcoin is well-positioned to set a new price record in 2026.”
The reason? Institutional participation is changing everything.
Here’s what Bitwise is seeing:
Bitcoin’s volatility has dropped to all-time lows.
It’s now less volatile than Tesla and Nvidia.
The correlation with U.S. stocks continues to weaken and more acting like its own asset class.
And the old boom-bust four-year halving cycles?
They’re fading because ETFs and brokerage access mean institutional money can flow in steadily... not just in explosive bursts.
Matt Hougan, Bitwise’s Chief Investment Officer, said the forces that once drove Bitcoin’s wild cycles “have weakened over time.”
Think about it, the halving cycle will continue to have less and less supply shock.
Many of the emotional retail investors have seen the Bitcoin song and dance over and over again and now and have become more unaffected by the ups and downs of the market.
What does that mean for us?
It means Bitcoin is maturing. It means the days of 80% drawdowns might be behind us - although never say never.
I wrote yesterday about how silver saw a 31% drop in a single day and even gold can see a 10% drop.
When Bitwise says Bitcoin could hit $1 million in ten years, they’re not guessing. They’re looking at the same institutional adoption trends we track every day in this newsletter.
BlackRock. Fidelity. Now Binance converting reserves. ING opening the doors to millions more.
Another day down.
P.S. If you haven’t ordered “The Million Dollar Bitcoin” yet, do it now. This newsletter gives you headlines. The book gives you the complete thesis. Available on Amazon right now. Start reading today when it can still change your tomorrow, not “someday.”