Those corps seem to believe in BTC, we'll see if it's well placed or not. I see this inflated price as leaving BTC vulnerable to banking-style contagion if confidence is lost.

Let's say the speculators take their money out of BTC to place it on the next pyramid scheme. Would the price not drop? That isn't a store of value.

Or what if large owners like Blackrock sell up to put the money in something better, what happens to confidence?

And in contagion style, other big holders get out and save their money before it crashes?

It's not like gold where the value remains despite temporary drops in price. BTC is just electrons. It is a currency, nothing else.