<ul><li>Standard Chartered reiterates Bitcoin's price is expected to reach $500,000 before President Donald Trump leaves office.</li><li>Government entities increased their exposure to Bitcoin indirectly through holdings in MicroStrategy (MSTR) in the first quarter.</li><li>Various government bodies globally added to their MSTR holdings, reflecting a desire to gain Bitcoin exposure where direct BTC holdings are restricted by local regulations.</li><li>Standard Chartered believes that increasing institutional interest in Bitcoin, as indicated by MSTR holdings, will drive the price of Bitcoin toward the $500,000 milestone.</li></ul>

Bitcoin Explosion To $500,000 Still On Track Amid Growing Sovereign BTC Exposure — Standard Chartered

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