The ongoing Bitcoin MENA conference at Abu Dhabi entered its second day on Tuesday. Coin Headlines, caught up with BTC leaders to capture the mood for the asset as 2026 inches closer to its start.
David Bailey, counted among key advisers to U.S. President Donald Trump has predicted that the trend of adopting BTC will become a norm among already public companies. Bailey is the CEO of KindlyMD Inc – that started as a healthcare provider company but recently announced a merger with Nakamoto Holdings to now also operate as a BTC treasury firm.
“Investors are going to be looking for companies that can strain income, that’s non-diluted income. Every public company is eventually going to own Bitcoin, and I would recommend to anyone that’s looking at this ecosystem that they should put Bitcoin on their balance sheet,” Bailey said, noting that KindlyMD has already put 5,300 BTC tokens on its balance sheet.
He said President Trump is really interested in exploring partnerships with international governments to collaborate on BTC-focussed agendas. As per Bailey, governments responding to the U.S. are showing an interest in exploring BTC reserves, BTC mining as well as in issuing BTC-backed debts and bonds.
“There’s always challenges, you know, ever since I’ve been in Bitcoin, there’s always been challenges, but overcoming those challenges is like what makes the network,” Bailey noted.
Bailey’s comments come against the backdrop of a sharp decline in BTC’s price over the last one month – having slipped from the $120,000 mark to its present price point of $90,130.
Abdulla Al Dhaheri, the CEO of the Blockchain Center in Abu Dhabi told Coin Headlines that Bitcoin’s volatility is not something that should dishearten the community.
“Bitcoin even if there is volatility in this space is something that’s like the dotcom bubble back in the days. We believe in his ecosystem and the pathway that’s taking us forward in the next five to 10 years,” Dhaheri said.
The Blockchain Center Abu Dhabi (ADBC) explains itself as a central hub for blockchain and Web3 innovation in the UAE capital. It offers startup incubation and acceleration as well as funding opportunities to industry startups that demonstrate potential. It plans to bring UAE-based Web3 firms under the spotlight as part of the country’s Vision 2031 initiative.
“We’ll try to push BTC and crypto products to and from Abu Dhabi in the times to come,” he said in conversation with Coin Headlines.
As per CoinGlass data, over $54.2 million have been liquidated from the BTC ecosystem in the last 24 hours.