LS&C's Strategic Bitcoin Reserve

In 2020, LS&C began building a Bitcoin reserve—not out of speculation, but conviction. With fiat debasement accelerating and institutional adoption rising, we see Bitcoin not as risk, but as escape. This article outlines why we’ve allocated over 75% of our liquid capital into BTC and why we believe the 21st century will be defined by a return to hard money. Backed by scientific modeling and historical logic, we share why Bitcoin is no longer optional for sovereign capital allocators—and why the real game hasn’t even begun.