why are there many big us and international institutions investing in bitcoin ?

[Twinkledoe]

Bitcoin has been rising since 2009 and it had many ath and hype , especially on december 2017 where it reached its bigger ATH , but why did institutions did that now ?

Bitcoin space is way more mature now. And probably one of the reason for some companies fomoing in is because bigger investment companies have come "out of the closet" as BTC investors. These purchaces that were made public are raising a lot of confidence in the fundamentals of BTC.

The foundation now is more solid, than 3 years ago. So these institutions are quite confident that bitcoin will not go down fast, in case it will go down. They now believe that bitcoin has future and strengthen its use case during this pandemic crisis. As we are aiming to have digital payments to avoid the use of cash, one thing that comes up to be viable alternative is the use of crypto. So they are looking at it as a good alternative payment option, which will bring massive adoption just like what PayPal did, integrating crypto in their system.

[Baofeng]

It's because what we saw in covid-19, the negative effects of it, no asset was performing this year except bitcoin., Gold, oil, stocks are all down and there is only one logical asset that around October Square and followed by MicroStrategy and then Stone Ridge chooses bitcoin as an alternative asset to put their treasury reserves. So bitcoin becomes the new Gold, and emergence as a safe haven for big to mid level companies. They now understand that bitcoin is a deflationary asset and could really be used as an hedge to the worsening financial conditions globally.

[jademaxsuy]

There are so many factors why btc had been bullish. Other than that to what I believe are the ICO, DEFI, EIO or STO crowdfunding which they collecting funds from the crowd for their project to work out. The collection of funds from the investors will be through digital currency like btc and eth. So, this is why many are buying btc and as time goes by these little by little buying of btc will then help the btc market grow and that it can became bullish. Well, other obvious reason are those rich people investing in bitcoin to earn. They are also the reason why bitcoin market move so fast in terms of its market price after buying bulk bitcoins.

[Yatsan]

That is a result of late realization coming from institutional investors for at first they thought of Bitcoin not to be a progressive type of currency in terms of crypto and just ignore and not being bothered by its existence. But upon seeing that Bitcoin have resisted the negative effect of the pandemic and stock market have been severely affected by it, many institutional investors as well as normal people are soon to realize Bitcoin's real worth and value making them into a big switch choosing to get engage into investment with Bitcoin. It takes time for them to come up into realization for they at first seeking for proof and strong reason to get into Bitcoin. Now those qualifications they are looking for are just right infront of their noses.