As Bitcoin consolidates between $107K and $110K during the 2025 Bitcoin Conference in Las Vegas, the spotlight is shifting from price action to the future utility of Bitcoin. With spot BTC ETFs recording nine straight days of inflows and political support mounting for long-term Bitcoin accumulation, institutional players are no longer just buying—they’re preparing to put BTC to work.
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Amid this backdrop, Alexei Zamyatin, Co-Founder of BOB (Build on Bitcoin), shared timely commentary from the conference floor. BOB is a hybrid Layer-2 network that brings together Bitcoin’s security and Ethereum’s DeFi capabilities, making it possible for users to earn yield and deploy BTC in decentralized applications.
Backed by Castle Island Ventures, Coinbase Ventures, Ledger Ventures, and Mechanism Capital, BOB is at the forefront of building a productive financial layer on Bitcoin. Alexei shared his perspective on where the industry is headed:
“Institutional adoption of Bitcoin is accelerating. We’ve seen corporate demand jump by 25% in two months and spot ETFs recording nine straight days of inflows. But as Bitcoin consolidates above $100K, the conversation is shifting. Institutions are not just accumulating BTC—they’re looking for ways to put it to work.”
Alexei Zamyatin, Co-Founder of BOB (Build on Bitcoin)
This institutional pivot is playing out in real time. Today, June 2, 2025, Japan-based investment firm Metaplanet—dubbed “Asia’s MicroStrategy”—announced the purchase of 1,088 BTC worth $114 million, bringing their total holdings to 8,888 BTC, valued at approximately $930 million. Metaplanet has publicly stated its intention to accumulate 10,000 BTC by year’s end, issuing zero-interest bonds to fund its aggressive Bitcoin strategy without diluting shareholders.
From Passive Asset to Productive Capital: Bitcoin Finds Its DeFi Home
The broader backdrop includes surging ETF inflows—$5.77 billion in May alone, the third-largest monthly total since the ETFs launched in January 2024—and rising corporate adoption. 113 public companies now hold 800,000 BTC collectively, a 25% increase since April, according to data from BitcoinTreasuries.net.
“That shift is precisely what BOB set out to solve when it launched one year ago. Combining Bitcoin’s security with Ethereum’s DeFi innovation, BOB has become the home of Bitcoin DeFi—enabling trust-minimized BTC liquidity and secure yield generation. The infrastructure is live, institutions are engaging, and the demand is rising.”
Alexei Zamyatin, Co-Founder of BOB (Build on Bitcoin)
Since launching in 2024, BOB has recorded $300 million in deposits, onboarded 500,000 users, and attracted over 100 projects building directly on its infrastructure. The platform is designed to enable BTC holders—whether individuals or institutions—to put their assets to work through decentralized applications, yield protocols, and cross-chain integrations without compromising security.
Policy Momentum Accelerates Bitcoin’s Financial Evolution
At the Bitcoin 2025 Conference in Las Vegas, which runs from May 27–29, discussions have focused heavily on the proposed Bitcoin Act, a bill supported by the Trump administration that would authorize the U.S. government to acquire up to 1 million BTC over five years. High-profile speakers including Vice President JD Vance, Michael Saylor, and Eric Trump have voiced support, adding fuel to the fire of long-term Bitcoin accumulation narratives.
“This recognition will drive demand for yield-generating Bitcoin products, making DeFi the natural next step. With governments and institutions now actively shaping Bitcoin’s future, Bitcoin DeFi is positioned to scale faster than ever before.”
Alexei Zamyatin, Co-Founder of BOB (Build on Bitcoin)
While technical analysts caution that seasonality may temper near-term gains—June is historically one of Bitcoin’s weakest-performing months—the fundamentals tell a different story. Bitcoin has rallied nearly 50% from its April low of $74.5K, with the RSI still in bullish territory and the market holding above key support levels at $107K.
Alexei’s perspective is clear: Bitcoin isn’t just maturing—it’s transforming. “Bitcoin is no longer just digital gold—it’s programmable, yield-generating, and ready for prime time.”
