A post by @WuBlockchain on X.

Blockstream CEO Adam Back said in a Bitcoin Magazine interview that institutional allocation will power Bitcoin's third adoption wave, following earlier phases driven by individual miners and retail users. Back, a longtime Bitcoin advocate, framed the shift as the next structural driver of demand rather than a speculative cycle. The comments come as publicly traded companies, asset managers and exchange-traded products steadily expand their bitcoin holdings. Watch for further institutional inflows and corporate treasury disclosures as the clearest signal of whether that third wave is materializing.