Bitcoin is transitioning from a passive store of value to a productive capital asset, offering yield and driving market growth. Key figures like Michael Saylor and Adam Back have championed this shift, which has seen Bitcoin’s utility expand beyond its traditional role as ‘digital gold.’ This evolution is driven by native yield options, attracting increased interest in BTC-based finance. Protocols like BitVM are further evidence of Bitcoin’s growing influence in decentralized finance. 2025 saw prominent industry voices such as Michael Saylor and Adam Back articulate this shift in Bitcoin’s role. The introduction of protocols like BitVM underscores this change, paving the way for a new era of decentralized financial innovation. 78% of crypto investors are bullish on the future of Bitcoin.