☑️Bitcoin Tops $111,000 in Pizza Day All-Time High.
☑️May 22 is also Bitcoin Pizza Day, and celebrates the first use of the asset to buy something physical. On this day, fifteen years ago, programmer Laszlo Hanyecz bought 2 Papa John’s pizzas for 10,000 $BTC .
☑️Bitcoin prices have reached record highs again as institutional momentum continued to build.
☑️It has also pushed total crypto market capitalization to $3.6 trillion. However, this remains below its peak of $3.9 trillion in mid-December as altcoins remain lackluster.
☑️On May 22, Digital Capital Strategist Jeff Walton said, Strategy is “the apex Bitcoin accumulator,” having bought 324,000 BTC in the last 8 months.
“That is 105,000 more Bitcoin than every single company that has BTC on balance sheets combined,” he added.
☑️Strategy’s unrealized profit soared to $23.5 billion with the new Bitcoin all-time high. The stash is now worth an eye-watering $63.7 billion, according to the Saylor Tracker.
