Bitcoin breaks the $100,000 mark, rising 4.7%, with a strong breakout trading price reaching $102,500.
Strategy (formerly MicroStrategy) launches the 2025 BTC standard model for enterprises.
Jetking's goal is to accumulate up to 18,000 BTC as part of its long-term strategy.
Bitcoin (BTC) price decisively breaks the $100,000 mark, trading near $102,500, up 4.7% in the last 24 hours. This significant trend is accompanied by increasing signs of institutional adoption of cryptocurrency, as highlighted by the latest corporate announcements.
A recently uploaded video shows Jetking CEO Harsh Bharwani revealing the company's plan to increase Bitcoin holdings, which is a notable initiative.
Jetking CEO announces a multi-phase Bitcoin accumulation plan.
Bharwani stated that Jetking will increase its Bitcoin holdings to approximately 180 BTC within the next six months.
Looking ahead, Jetking's CEO confirmed the company's long-term plan to expand its Bitcoin holdings to 18,000 BTC before or by 2030, utilizing various available tools during the next halving cycle (around 2028).
Related: May 9 Bitcoin (BTC) price prediction: Can bulls hold the breakthrough of $99,000?
Strategy (formerly MicroStrategy) launches the 2025 Bitcoin standard model.
The most renowned Bitcoin investment company, Strategy (formerly MicroStrategy), announced the release of the 2025 Bitcoin standard model to assist enterprises in adopting Bitcoin, further enriching the narrative of institutional Bitcoin adoption. Given Strategy's bullish stance on digital assets, their Bitcoin plan is worth monitoring regardless of the season.
Reports suggest that Strategy's upcoming model will provide structured guidance for enterprises to integrate Bitcoin into their operations. The ultimate goal of the model is to accelerate institutional and corporate adoption of Bitcoin by standardizing and simplifying processes, thereby allowing businesses to utilize Bitcoin.
Although analysts expect Strategy's new plan to enhance Bitcoin's mainstream adoption rate, its primary goal is to catalyze further institutional participation, establish new standards, and drive more companies to integrate Bitcoin as part of their core business and financial operations.
Bitcoin price breaks $100,000, expected to set a new all-time high.
As of the time of writing, Bitcoin price is strongly rising around $102,500, consolidating gains after breaking the key psychological barrier of $100,000. According to TradingView, this is the first sustained break above $100,000 since Bitcoin fell from its historical high of around $109,356 on January 20, 2025.
Successfully holding the $100,000 support level will strengthen Bitcoin's bullish momentum and could trigger a surge that makes the flagship cryptocurrency reach a new all-time high.