The Bitcoin capital allocation pattern is undergoing profound changes. Currently, the holdings of global institutional investors have exceeded 670,000 BTC, which is no longer a simple asset allocation move but a systemic financial decision. Listed companies in mature markets like the UK and Norway are not gambling but gradually building positions in a more prudent manner—continuously adding to their holdings one by one. This "small steps but fast pace" strategy reflects institutional investors' deep recognition of Bitcoin's long-term value. From the accumulation strategies of super whales to the participation boom of small and medium holders, the entire market is forming a consensus from top to bottom. This expanding participation is redefining the logic of digital asset proportions on corporate balance sheets.