Bitcoin Hits $108K; MicroStrategy Profits $22.7 Billion

Bitcoin recently surged to a new all-time high above $108,000 as of May 21, 2025, driven by bullish technical signals and positive momentum in traditional equity markets such as the S&P 500 and Nasdaq. Prediction markets now estimate a 43% chance that Bitcoin will surpass $150,000 by the end of 2025, reflecting growing institutional interest. Michael Saylor, executive chairman of MicroStrategy, continues to advocate for buying and holding Bitcoin, a strategy that has resulted in $22.7 billion in profit for the company. The convergence of bullish technical indicators, institutional accumulation, and influential market commentary has intensified FOMO and increased trading volumes across major crypto exchanges. Bitcoin's performance is increasingly seen as a reflection of risk appetite in both crypto and traditional markets. This period highlights the deepening connection between digital assets and equities.