$BTC 🧩 Institutional and Corporate News

KindlyMD (NAKA) raised an additional $51.5 M for its Bitcoin-based treasury strategy. It now accumulates $763 M in capital, awaiting a merger with Nakamoto Holdings.

BlackRock, through its ETF IBIT, has accumulated 3.25 % of the total BTC supply, with nearly $70 B in assets under management. This reflects the continued influx of institutional capital, while retail seems to be slowing down.

Parataxis will launch a Bitcoin treasury platform for institutional investors in South Korea, acquiring a stake of around $18.5 M in Bridge Biotherapeutics.

📈 Market Movements and Technical Analysis

The price continues to fluctuate between $104 K and $106 K; recent liquidations of "whales" drove BTC up to $106.5 K, eliminating short positions.

Today the price has fallen below $104 K due to the expiration of "triple witching" (simultaneous expiration of options and futures), generating volatility.

Technical Outlook: although new highs are not expected before July, the adjustment of positions could pave the way for new records in the near future.