Bitcoin Nears $92K as NYSE Unveils Satoshi Statue and Corporate Buyers Add $962M
Bitcoin traded around $92,178 on Friday, gaining nearly 2% over the past 24 hours as a symbolic milestone unfolded on Wall Street.
Quick overview
- Bitcoin traded around $92,178, gaining nearly 2% as the NYSE unveiled a new statue honoring its creator, Satoshi Nakamoto.
- The statue, created by Valentina Picozzi, symbolizes the growing acceptance of cryptocurrency within traditional finance.
- Despite a slowdown in Bitcoin treasury growth in Q4, large companies continue to accumulate significant holdings, indicating long-term confidence.
- Klarna is expanding into cryptocurrency by collaborating with Privy to enhance user-friendly wallet capabilities for its 114 million users.
Bitcoin traded around $92,178 on Friday, gaining nearly 2% over the past 24 hours as a symbolic milestone unfolded on Wall Street. The New York Stock Exchange revealed a new “disappearing” statue honoring Bitcoin’s creator, Satoshi Nakamoto — a recognition that would’ve been unthinkable during earlier years when the crypto sector was often dismissed by traditional finance.
Satoshi Nakamoto Statue Installed at NYSE in Major Symbolic Moment
A new “disappearing” statue of Bitcoin developer Satoshi Nakamoto has been revealed by the New York Stock Exchange. The sixth of 21 planned monuments to be erected worldwide is this piece of art by Italian artist Valentina Picozzi. There are already statues in Miami, El Salvador, Japan, Vietnam and Switzerland.
In contrast to previous years when Bitcoin was mostly disregarded or denounced on Wall Street the NYSE characterized the monument as a sign of the expanding relationship between traditional banking and the cryptocurrency industry. Twenty One Capital a Bitcoin-focused company started trading this week coinciding with the installation.
Additionally, the period coincides with the anniversary of Satoshi’s December 2008 inception of the Bitcoin mailing list. More than 3.7 million BTC are currently held by public companies, private businesses, ETFs and even nations demonstrating the progress that Bitcoin has made.
JUST IN: 🇺🇸 Jack Mallers’ Twenty One places a statue of Satoshi Nakamoto in the New York Stock Exchange.#Bitcoin is taking over Wall Street 🙌 pic.twitter.com/AxL98zFqi6
— Bitcoin Magazine (@BitcoinMagazine) December 11, 2025
Bitcoin prices may be supported by this symbolic acknowledgment at the NYSE which increases optimism and fortifies confidence.
Bitcoin Treasury Growth Slows in Q4, but Big Companies Keep Buying
The use of Bitcoin Treasury has drastically decreased in the fourth quarter of 2025. While 53 new treasury companies added Bitcoin to their balance sheets in Q3 just nine organizations have done so thus far this quarter. In 2025, 117 new businesses accepted Bitcoin, however the majority of them only have modest holdings.
Some businesses have even sold their holdings or put a halt to operations. While UK-based Satsuma Technology sold 579 BTC worth roughly $53 million Japan’s Metaplanet ceased purchases for two months.
The biggest corporate holdings continue to accumulate notwithstanding this downturn. The largest corporate Bitcoin holder, Strategy, made its largest purchase since July this week, purchasing $962 million in BTC. More over 1 million BTC, or 4.7% of the total supply, are currently held by public firms, with an additional 7% held via Bitcoin ETFs.
Blackduck says Bitcoin treasuries stall in Q4, but largest holders keep stacking sats Quacktastic news pic.twitter.com/yV3IKGrd1Y
— blackduck (@blackducktradfi) December 11, 2025
Even if smaller participants slow down large companies’ continued purchases of Bitcoin maintain price strength and demonstrate long-term confidence.
Klarna and Privy Collaborate to Investigate Crypto Wallets
Only a few weeks after introducing its KlarnaUSD stablecoin the Swedish finance behemoth Klarna is branching out into cryptocurrency. The business has now teamed up with Privy a Stripe-owned cryptocurrency wallet infrastructure platform to investigate and create additional capabilities for its users.
Klarna believes that with more than 114 million users it is well-positioned to provide common people with easy-to-use and secure cryptocurrency solutions. Through upcoming wallet capabilities the alliance hopes to make it simple for consumers to store, send and utilize digital assets.
More than 100 million accounts are currently supported by Privy, which also integrates with popular cryptocurrency apps like OpenSea.
KlarnaUSD is presently on Tempo’s testnet and is anticipated to launch in 2026. According to the business, it may reduce the cost of international payments. Additionally Klarna alluded to the possibility of future cryptocurrency-related announcements.
JUST IN: Fintech giant Klarna to develop #Bitcoin and crypto wallet features within its financial products.
Bullish 🚀 pic.twitter.com/UChKCUyOzZ
— Bitcoin Magazine (@BitcoinMagazine) December 11, 2025
This action raises market confidence and expands the use of cryptocurrencies both of which can help Bitcoin prices.
Bitcoin Technical Outlook
Bitcoin is trading near $92,240, consolidating within a narrowing structure formed by resistance at $94,612 and rising trendline support from early December. Recent candles show repeated upper-wick rejections around $94,000, signaling persistent selling pressure. The 50-EMA near $92,600 continues to cap intraday attempts higher, while the 200-EMA at $95,700 remains the key breakout level.
RSI sits near 45, pointing to slowing momentum without a clear reversal signal. A drop below the ascending trendline could expose $91,599, followed by $88,628 if sellers strengthen.
A decisive close above $94,612 would target $96,788 and $99,207, an area reinforced by Fibonacci resistance and long-term moving averages. Until price escapes this triangle, Bitcoin is likely to remain range-bound.
- Check out our free forex signals
- Follow the top economic events on FX Leaders economic calendar
- Trade better, discover more Forex Trading Strategies
- Open a FREE Trading Account
Save