In the past thirty days, Bitcoin has seen a significant rise, surpassing $110,000 for the first time in its history. This increase was driven by several notable institutional purchases, most notably:
MicroStrategy's purchase of 6,556 Bitcoins worth $555 million
On April 22, 2025, MicroStrategy, through its subsidiary "Strategy," purchased 6,556 Bitcoins, raising its total holdings to over $63 billion.
BlackRock's investment of $531 million in IBIT
On May 5, 2025, BlackRock invested $531 million in its exchange-traded fund "IBIT," contributing to increased institutional flows into the market.
Net flows to ETF funds reached $5.25 billion in January
In January 2025, Bitcoin ETF funds recorded net flows of $5.25 billion, led by BlackRock and Fidelity, reflecting growing institutional interest.
These operations demonstrate that the increasing institutional interest played a significant role in driving the price of Bitcoin to record levels over the past month.
