Bitcoin Surges Toward All-Time High on Trade Optimism and Institutional Demand

Bitcoin is nearing its all-time high, trading around $104,000 as bullish sentiment grows amid improving US-China trade relations and significant institutional accumulation. Japanese investment firm Metaplanet has notably expanded its BTC holdings, adding 1,241 BTC ($125.3 million) to reach a total of 6,796 BTC. This surge reflects broader Optimism in speculative assets, driven by a 90-day tariff reduction agreement between the US and China. The cryptocurrency's 10.44% weekly gain underscores strong market confidence, positioning Bitcoin for potential new highs in the coming weeks.

Bitcoin Nears All-Time High Amid US-China Trade Optimism and Institutional Accumulation

Bitcoin stabilized NEAR $104,000 on Monday following a 10.44% weekly surge as risk appetite improved. The rally coincides with a 90-day tariff reduction agreement between the US and China, fueling bullish sentiment across speculative assets.

Japanese investment firm Metaplanet significantly bolstered its BTC holdings, adding 1,241 BTC ($125.3 million) to reach 6,796 BTC total. This institutional accumulation underscores growing corporate confidence in Bitcoin as a macro hedge.

Metaplanet Surpasses El Salvador in Bitcoin Holdings with $130M Purchase

Tokyo-listed Metaplanet has eclipsed El Salvador's national bitcoin treasury, amassing 6,796 BTC through aggressive accumulation since April 2024. The firm's latest acquisition of 1,241 BTC for $129 million solidifies its position as a top-tier institutional holder.

Asia's corporate Bitcoin adoption wave gains momentum as Metaplanet executes progressively larger buys. The company's May 12 purchase at ¥14.8 million per coin demonstrates conviction in crypto as a strategic reserve asset, mirroring MicroStrategy's playbook on the opposite side of the Pacific.

Goldman Sachs Boosts Bitcoin Exposure with $1.4B BlackRock IBIT Investment

Goldman Sachs has significantly increased its stake in BlackRock's spot Bitcoin ETF (IBIT), pouring $1.4 billion into the fund during Q1. The investment giant now holds 30.8 million shares, marking a 28% jump from its previous position of 24 million shares disclosed in February. SEC filings reveal the move as part of Goldman's broader strategy to deepen its cryptocurrency market participation.

The allocation follows Goldman's earlier disclosure of $1.5 billion in US spot Bitcoin ETF holdings, with IBIT constituting approximately $1.2 billion of that total. BlackRock's Bitcoin fund continues to attract institutional capital despite ongoing crypto market volatility, signaling growing mainstream acceptance of digital asset exposure through regulated vehicles.

Bitcoin Surges Past $100K as Whales Trigger Market Momentum

Bitcoin has shattered the $100,000 barrier, trading near $104,000 as institutional accumulation intensifies. A newly activated whale wallet withdrew 500 BTC ($522.6 million) from Binance, signaling long-term holding strategies over short-term speculation.

Technical indicators flash bullish: the 50-day EMA crossed above the 100-day EMA in a golden crossover pattern, while RSI suggests room for further upside. Bitcoin's dominance now approaches 70%, a level unseen since 2021.

MicroStrategy Acquires $1.34 Billion in Bitcoin, Reinforcing Corporate Commitment

MicroStrategy, led by Michael Saylor, has purchased an additional 13,390 Bitcoin for approximately $1.34 billion, further solidifying its position as the largest corporate holder of the cryptocurrency. The acquisition, executed at an average price of $99,856 per Bitcoin, underscores the company's unwavering confidence in Bitcoin as a strategic asset.

The MOVE signals continued institutional adoption of Bitcoin, with MicroStrategy's total holdings now exceeding industry expectations. Market observers note such large-scale purchases often precede broader price appreciation cycles, as corporate demand reduces available supply.

MicroStrategy Nears $60B Bitcoin Holdings as Saylor Signals More Acquisitions

MicroStrategy's relentless Bitcoin accumulation strategy continues unabated, with executive chairman Michael Saylor hinting at further purchases despite BTC trading near all-time highs. The business intelligence firm currently holds approximately $60 billion worth of Bitcoin across its corporate treasury.

Market observers note Saylor's recent chart postings typically precede official purchase announcements. This pattern suggests potential new BTC acquisitions could be disclosed by May 12. The company's last public filing on May 5 revealed a $180 million Bitcoin purchase.

With Bitcoin hovering just 4% below its January 2025 peak of $109,000, MicroStrategy's continued buying could serve as the catalyst for new record highs. The firm's unwavering commitment to BTC accumulation—regardless of price levels—continues to shape market sentiment.