🏦 Major Investments and Institutional Interest
Japan-based Metaplanet has acquired 1,241 BTC, increasing its total holdings to around 6,800 $BTC $ (CoinDesk).
Michael Saylor’s Strategy firm bought 13,390 BTC worth $1.34 billion, bringing their total stash to 568,840 BTC (CoinDesk).
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📊 Market Trends and Predictions
Analysts predict Bitcoin could reach $112,000 soon, thanks to strong ETF inflows and Metaplanet’s big purchase (The Crypto Basic).
However, some experts warn that if Bitcoin’s price drops, major institutional investors like Saylor’s firm could face significant losses (U.Today).
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📰 Other Notable Updates
A Trump family-backed company, American Bitcoin, announced a public listing via merger with Gryphon Digital (CoinDesk).
Coinbase’s Head of Strategy highlighted an overlooked nuance about Bitcoin ETFs that could influence market volatility (U.Today).
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