$BTC As of May 2, 2025, the price of Bitcoin is around $96,721, marking the highest level in the last two months. This increase was driven by reports that investment bank Morgan Stanley may introduce spot trading of cryptocurrencies on its E*Trade platform, and the company Strategy (formerly MicroStrategy), the largest corporate holder of Bitcoin, plans to acquire even more BTC through a stock issuance worth $21 billion.
🏦 Institutional adoption and government initiatives
Strategy increases investments in Bitcoin: The company Strategy reported significant profits of $5.8 billion from its Bitcoin assets since the beginning of the year and has raised its investment plan to $84 billion, reinforcing its position as the largest corporate holder of Bitcoin.
Government initiatives: In March 2025, U.S. President Donald Trump signed an executive order to establish a Strategic Reserve of Bitcoin, highlighting the growing recognition of Bitcoin as a strategic asset at the government level.$SOL #BinanceAlphaAlert
