$BTC

Bitcoin rose slightly on Tuesday, stabilizing after a sharp rebound in the last week due to ongoing ETF inflows, additional coin purchases by Michael Saylor's MicroStrategy, and positive comments on US regulation boosting the crypto market.

Sentiment was also supported by the White House's statement that President Donald Trump is considering several concessions in his automotive tariffs to help mitigate their impact on the US economy. This raised hopes for greater de-escalation in Trump’s overall tariff agenda.

Bitcoin rose 0.1% to $94,335.3 at 01:36 ET (05:36 GMT), after reaching as high as $95,436.8 earlier in the session. The world’s largest cryptocurrency is near its strongest level in two months, with the focus now on breaking above $100,000.

Strategy buys more Bitcoin worth $1.4 billion

Strategy (NASDAQ:MSTR) (previously MicroStrategy) disclosed the purchase of 15,355 Bitcoin totaling $1.42 billion. The company acquired these coins between April 21 and April 27, as reported in a filing on Monday.

This purchase brings Strategy's total Bitcoin holdings to 553,555 coins, reinforcing its position as the largest corporate Bitcoin holder.

The company primarily funds its Bitcoin purchases through equity and debt issuance, and has seen an extraordinary rise in its stock in recent months as investors treat it as a vehicle for Bitcoin exposure.

Strategy's stock has also far outperformed Bitcoin so far in 2025, trading up 23%, compared to a nearly 1% increase in Bitcoin.