"Bitcoin is a Service," Bitwise CIO Highlights the Essence of Value

2025/11/20 09:03 (Updated 2025/11/20 15:01)
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Written by K.Kobayashi
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"Bitcoin is a Service," Bitwise CIO Highlights the Essence of Value

The Value of Bitcoin

Matt Hogan, the Chief Investment Officer at cryptocurrency management firm Bitwise, indicated in a regular memo that Bitcoin (BTC) is a 'service'.

He argued that the value of Bitcoin lies in the service it provides, allowing for the storage of assets in digital form without reliance on governments, banks, or third parties. He also discussed the increasing number of institutional investors who are investing in Bitcoin because they desire this service.

The memo written by Hogan was released on the 11th, and its contents were reported by international media on the 19th, currently attracting significant interest.

Hogan stated that Bit...

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