According to Eric Balchunas, Fidelity recently presented a targeted pitch to corporate CEOs emphasizing Bitcoin's value proposition using institutional language and referencing the well-known chart showing the dollar's declining purchasing power (source: Eric Balchunas on Twitter, May 8, 2025). This presentation is designed to appeal to institutional investors by framing Bitcoin as a hedge against fiat currency erosion, a narrative that has proven influential among corporate treasuries. The direct institutional approach from a major financial entity like Fidelity is likely to boost credibility and could drive further institutional inflows into Bitcoin and the broader crypto market, supporting bullish trading sentiment.