Strike CEO Mallers: Wall Street Inflows Validate Unbreakable Bitcoin at $80K
Strike CEO Jack Mallers declared Wall Street's Bitcoin participation a validation of its resilient design, arguing institutions can't 'break' its decentralization amid $60 billion in U.S. spot ETF inflows across 11 funds. This follows Blockstream CEO Adam Back's May 7 Consensus Miami remarks, where DeFi exploits were framed as accelerating institutional shifts to Bitcoin's secure infrastructure, including Layer-2 solutions like Liquid Network. Back outlined three adoption waves—retail, spot-ETFs, and upcoming pensions/sovereigns—and estimated ~200 global bitcoin treasury companies. BTC trades around $80K, buoyed by bullish institutional outlook.