#SaylorBTCPurchase The recent spike in Bitcoin’s price to over $91,000 appears to be fueled by a confluence of factors, with institutional interest leading the charge. Here’s a quick breakdown of who’s behind the momentum — and why it matters:
Who’s Buying?
1. Institutional Investors:
Coinbase Premium rising to 0.16% suggests significant U.S. institutional buying.
MicroStrategy, led by Michael Saylor scooped up over 6,500 BTC — a clear signal of long-term conviction.
Metaplanet, a lesser-known but growing institutional player from Japan, added 330 BTC.