Fidelity is being super bullish on Bitcoin right now. I remember a few months ago rumors were flying of leaked documents saying they told their largest investors they saw Bitcoin going past a billion a coin one day. Now they’re being publicly bullish.

A few months ago, documents were leaked from a behind closed door meeting Fidelity had with their largest investors, that showed they presented their largest investors with a projection of seeing Bitcoin potentially going past a billion dollars per coin by the 2040’s through the 2050’s.

Here’s a video on it that I found:

https://youtu.be/p71snW63M5g

Medium article on it:

https://medium.com/coinmonks/fidelity-predicts-1-billion-bitcoin-db635f226195

The original Reddit post that leaked the documents:

https://np.reddit.com/r/Bitcoin/comments/pc6iav/fidelity_bitcoin_analysis/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

This was all leaked before they publicly started posting things like this on their socials for their retail investors to see:

https://twitter.com/digitalassets/status/1488273815180349440?s=21

Tweet:

Fidelity Digital Assets @DigitalAssets

Our latest piece argues that bitcoin' first technological breakthrough wasn't as a superior payment technology but as a superior form of money. As a monetary good, bitcoin should be considered separately from other digital assets. Read Bitcoin First:

https://www.fidelitydigitalassets.com/articles/bitcoin-first

What do they know? Who opened their mouth to these institutional investors like this? Now we have to compete with them to stack sats?!?! Fuck! Jk