Bitcoin Soars to $97K as Institutional Adoption Accelerates with Morgan Stanley and Charles Schwab Entry
Bitcoin briefly surged to an unprecedented $97,000 on June 5, 2025, marking a significant milestone in its price trajectory. This rally coincides with major institutional adoption, as Wall Street giants Morgan Stanley and Charles Schwab prepare to enter the cryptocurrency space. Morgan Stanley is finalizing plans to offer crypto trading options for its clients, while Charles Schwab is also gearing up to provide cryptocurrency services. These developments signal a pivotal moment for digital assets, as traditional finance heavyweights embrace crypto, further legitimizing the asset class and potentially driving long-term growth. The institutional influx underscores growing confidence in Bitcoin's role as a store of value and hedge against inflation, setting the stage for broader mainstream adoption.
Bitcoin Hits 97K As Wall Street Giants Morgan Stanley and Charles Schwab Enter Crypto
Bitcoin briefly surged to $97,000 on Thursday as institutional adoption gains momentum. Wall Street heavyweights Morgan Stanley and Charles Schwab are preparing to offer cryptocurrency services, signaling a watershed moment for digital asset integration into traditional finance.
Morgan Stanley is finalizing plans to launch crypto trading options for clients, while Charles Schwab's forthcoming cryptocurrency services underscore growing institutional demand. This development comes despite persistent risks in crypto investments, reflecting a calculated embrace by established financial players.
The price movement coincides with accelerating institutional adoption, suggesting traditional finance's entry may be creating a new support level for Bitcoin. Market observers note the $97,000 peak represents a psychological threshold that could attract further institutional participation.
Metaplanet Issues $25M Bond to Expand Bitcoin Treasury Strategy
Metaplanet has launched a 3.6 billion yen ($25 million) zero-coupon bond to fund additional Bitcoin acquisitions, marking its twelfth debt issuance this year. The Tokyo-based firm aims to accumulate up to 5,000 BTC across its corporate balance sheet and international subsidiaries by year-end.
The non-interest-bearing instrument carries a 100 yen face value with October 31 maturity, continuing the company's aggressive treasury diversification into digital assets. Market pricing remains undisclosed as the bond prepares for listing.
Bitcoin (BTC) to $10M? Saylor's Bold Prediction Clashes with Buffett's Skepticism
Michael Saylor, executive chairman of MicroStrategy, has ignited fresh debate with his audacious Bitcoin price prediction. The crypto evangelist envisions BTC reaching multimillion-dollar valuations, a stark contrast to Warren Buffett's enduring skepticism toward digital assets.
Saylor's forecast emerges amid heightened market volatility and institutional adoption hurdles. His bullish stance underscores Bitcoin's growing divide from traditional finance, where Buffett remains a vocal critic of cryptocurrencies.
The clash of ideologies highlights crypto's evolving narrative—from speculative asset to potential store of value. Market observers note Saylor's prediction reflects growing institutional confidence, while Buffett's position maintains traditional investment orthodoxy.
Bitcoin Holds Near $97K as Strategy Doubles BTC Bet
Bitcoin maintains its position close to $97,000 amid easing trade-related economic uncertainty. Market sentiment improves as Washington signals progress toward trade deals, with the cryptocurrency's total capitalization surpassing $3.13 trillion.
Strategy Inc., formerly MicroStrategy, has doubled down on its Bitcoin bet, raising its 2025 target to $15 billion in BTC gains. The firm's stock (MSTR) continues to be viewed as a Leveraged play on Bitcoin's price action.
The broader crypto market shows strength, with most top-10 digital assets posting gains. Bitcoin eyes a potential retest of the psychologically significant $100,000 level as macroeconomic concerns abate.
Plume Network Partners with Yala to Offer Bitcoin Yields via Tokenized Assets
Plume Network, a Layer 1 blockchain specializing in real-world asset integration, has forged a strategic alliance with Yala, a bitcoin liquidity layer. The collaboration aims to unlock $300 million in Bitcoin liquidity while providing institutional-grade yields to BTC holders through Yala's RealYield platform.
The partnership will enable native Bitcoin to flow directly into Plume Network, where it can access tokenized fixed-income asset yields. This move bridges decentralized finance with traditional yield mechanisms, offering sustainable returns for long-term Bitcoin holders.
Bitcoin Eyes $100K Amid Institutional Adoption Wave
Bitcoin price hovers NEAR $97,000, poised for a fourth consecutive weekly gain as institutional demand accelerates. The breakout follows easing trade tensions and reflects growing market confidence in crypto's macroeconomic resilience.
Arizona's legislative MOVE to allocate 10% of state funds to digital assets signals deepening institutional acceptance. This follows Metaplanet's $24.7 million bond issuance and MicroStrategy's latest $21 billion capital raise dedicated to Bitcoin acquisitions.
US spot Bitcoin ETFs recorded $1.13 billion inflows this week, marking three straight weeks of positive momentum. The sustained demand from both retail and corporate buyers suggests the market is pricing in a potential supply shock ahead of the 2024 halving.
