Why $100,000 Bitcoin is just around the corner
If you’ve been following Bitcoin news today like I have, you couldn’t be more bullish on Bitcoin. Seriously, what a great time to be alive!
Just today:
- MicroStrategy purchased an additional 51,780 BTC for $4.6 billion and announced plans to raise $1.75 billion to buy more Bitcoin.
- Semler Scientific purchased an additional 215 BTC for $17.7 million.
- Genius Group launches Bitcoin vault by purchasing 110 BTC for $10 million.
- MARA Holdings announces $700 million fundraising to buy more BTC.
- Metaplanet issued 1.75 billion yen in bonds to buy more BTC.
- Global healthcare group Cosmos Health has adopted BTC as a reserve asset.
Are you crazy?
Corporate Bitcoin adoption is going completely parabolic. The race between public companies to accumulate the most satoshis has entered hyperdrive.
Other news:
- Donald Trump expected to meet with Coinbase CEO Brian Armstrong to discuss commitments
- Donald Trump Media $DJT in talks to acquire cryptocurrency trading platform Bakkt
- Options trading on the BlackRock spot Bitcoin ETF could be listed starting tomorrow.
It’s only Monday and my head is already spinning! I would be completely shocked if this wave of positive adoption doesn’t break $100,000 per Bitcoin this week.
Expect more bullish news and serious FOMO buying pressure this week. Gentlemen, please fasten your seatbelts. With this momentum, Bitcoin hitting $100,000 is coming sooner than you might imagine!
This article take. The opinions expressed are solely those of the author and do not necessarily reflect the opinions of BTC Inc or Bitcoin Magazine.