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Fidelity Survey: Institutions Are Still Bullish on Crypto

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According to the Fidelity Survey, in the first half of 2022, 58% of institutional investors had invested in digital assets, a 6% rise over the previous year. They also noted that 74% of institutions planned to acquire digital assets in the future, while 51% viewed digital assets favorably, up from 45% in 2021.

As reported,  the software company MicroStrategy opted to include the most prominent cryptocurrency on its balance sheet. Other major companies and investment firms followed suit, leading to a price surge.

MicroStrategy has increased its Bitcoin holdings to 130,000 BTC, or $3 billion, despite the decline in Bitcoin’s value this year. The company has invested hundreds of millions of dollars in Bitcoin, increasing its total holdings to $3 billion.

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