Strategy Acquires 1,895 Bitcoin, Boosts Total Holdings to 555,450 BTC

Institutional investment in Bitcoin continues to surge, with BlackRock's spot Bitcoin ETF (IBIT) surpassing MicroStrategy (now known as Strategy) as the largest public holder by acquiring 41,452 BTC worth nearly $4 billion in two weeks. Strategy, led by Michael Saylor, has also expanded its holdings, recently purchasing 1,895 BTC for $180.3 million, bringing its total to 555,450 BTC acquired at an average cost of $68,550 per coin. These aggressive accumulations come amid a broader wave of institutional interest, as digital asset investment products saw $2 billion in net inflows last week, predominantly into Bitcoin. Positive sentiment is also reflected in rising BTC prices, increased trading volumes, and a notable uptick in large Bitcoin wallet addresses, signaling growing confidence among institutional and retail investors alike. The correlation between BTC and related equities like Strategy's stock presents further opportunities for traders, especially as both the Nasdaq 100 and crypto markets benefit from risk-on sentiment. Overall, analysts and market data point to bullish momentum for Bitcoin, with several indicators suggesting the potential for a new all-time high in the near future.