Michael Seller placed the adoption of a business at the heart of the next phase of development in Bitcoin. In his view, the balance sheets of enterprises, long-term capital and a more mature organizational system were indispensable if Bitcoin was to move from mere holding of assets to a global monetary network.
Strategy recently increased its cash reserves to $3 billion and allowed the market to reassess the stability of its currency holding patterns. In a study dated 15 July, Chase Morgan stated that the change was positive for the market for bitcoin, particularly in the context of the repeated performance of the spot bitcoin ETF.
$3 billion in reserves to ease stress.
Morgan Chase had previously suggested that if Strategy retained sufficient cash to cover the next two to three years ' priority dividends, the market ' s concern about its forced sale of bitcoin would diminish. Today, the cash reserve rises to $3 billion and is seen by the bank as another sign of Ledo.
The bank also mentioned that the spot bitcoin ETF had recovered net inflows last week, but had returned net outflows this week. By contrast, for the seventh week in a row, the leverage ETF linked to Strategy has recorded an inflow of funds, a part of which, according to Chase Morgan, comes to a large extent from the diaspora.
Enterprise currency is extended to the Japanese market
The trend of growing bitcoin is not exclusive to the United States. The Tokyo Stock Exchange company, Bitcoin Japan, is financing approximately US$ 59.5 million, of which about US$ 4.08 million will be spent on the company ' s first Bitcoin reserve.
CoinPost reported that the company, formerly Horita Marusho, intended to issue 1.5 billion yen unguaranteed revolving debt with a share subscription. A second purchase order will be issued through the EVO FUND registered in the Cayman Islands.
If all the relevant securities are exercised, Bitcoin Japan is expected to raise some 9,657 million yen net. This means that the incorporation of bitcoin into the balance sheet is gradually expanding from the case of United States companies to Asian companies.
Bitcoin versus AI for funding concerns
As Seller spoke, the market was also comparing bitcoin to AI's attractiveness to finance. The CEO of Morgan Chase, Jamie Damon, predicts that this year the AI investment will reach $72.5 billion. At the same time, Bélédé considered that rising government debt and currency concerns still underpinned the long-term configuration logic of Bitcoin.
Zhao Chang Peng, co-founder of Bianan, also distinguished between the two. In his view, AI was the subject of investment in technology, while bitcoin was closer to a currency protection tool and had different effects. Zhao Chang Peng also previously indicated that in 2026 some of the speculative funds went to emerging AI enterprises, weakening the funds that might otherwise have entered the encryption market.
In this context, it is not short-term prices that Sélé emphasized this time, but bitcoin needs more enterprises to integrate it into the financial system in order to expand its use. For the market, the continued expansion of demand for such enterprises could affect the long-term narrative of bitcoin more than a single flow of funds.