$BTC 1. Legal Precedent

In Connecticut, a 19-year-old resident pleaded guilty to fraud and money laundering of $245 million in cryptocurrency, including over 4,000 BTC — after which the defendant's parents were kidnapped. He is forfeiting nearly $550,000 of confiscated assets.

2. Price Increase and Influencing Factors

Bitcoin has slowly jumped by approximately 1% to ~$106,081, supported by improved risk appetite and stability in the Middle East. Another review noted a rise of ~0.1%, to $104,584, and its connection to the dollar index and U.S. tariff policy.

3. Institutional Strategies

More than 60 non-core public companies (Trump Media & Technology, SoftBank, etc.) have started investing a portion of their reserves in Bitcoin — inspired by MicroStrategy's success.