Quick overview

Live BTC/USD Chart

---

Michael Saylor revealed that Strategy (MSTR)  added 1045 Bitcoin to its holdings with another significant purchase.

 

The business spent about $110,2 million at $105,426 per coin.

Strategy has yielded 17.1% BTC so far this year, and as of yesterday, it had 582,000 BTC that it had purchased for $70,086 each, worth over $42 billion. The company developed a Bitcoin playbook for diversifying corporate treasuries with the top digital asset, so the most recent acquisition is not shocking.

Saylor’s optimism about Bitcoin was strengthened by increased buying pressure from the Nasdaq-listed firm. He is adamant that once Wall Street firms begin investing just 10% of their reserves in Bitcoin, the price will rise to $1 million.

Bitcoin had risen above $108,320 during the U.S. afternoon trading session.

Throughout the morning session, the digital asset traded below $106,000, but the bulls took over and drove the price higher, clearing out about $65 million worth of short positions in just the last six hours. Rekindled hopes of a successful tariff settlement between the US and China are probably linked to the bullish run.

Walter Bloomberg on X reports that the two nations’ delegations reached London and are set to begin negotiations to strengthen the shaky trade truce. Vice Premier He Lifeng leads the Chinese delegation, while Treasury Secretary Scott Bessent heads the US team.