The price of Bitcoin continued its upward track today, with $ 3735 (4.42 %), at the time of writing this report, to reach $ 88,300, apparently driven by strong institutional purchase and renewal of momentum in alternative assets. The increase comes as gold Break Above $ 3400 an ounce for the first time, it is currently trading at $ 3431.10, confirming a wider direction for investors looking for safe assets.
Since April 2, Bitcoin’s performance also outperformed the Nasdaq Stock Exchange, as it has offered an increasing difference between traditional stocks and digital assets.
One of the main developments per day came from the strategy ($ MSTR), previously known as Microstrategy, where President Michael Sailor Declare Buy 6556 BTC for about $ 555.8 million at an average price of 84,785 dollars per bitcoin. As of April 20, 2025, the company owns 538200 BTC, which was obtained for about $ 36.47 billion at an average cost of $ 67,766 per bitcoin.
The strategy has now bought 285,980 BTC since it revealed the ambitious plan 21/21 to obtain Bitcoin worth $ 42 billion. This is divided into an average of $ 154 million in daily purchases for about six months – an unparalleled aggressive pace by any other public company.
Meanwhile, the Japanese General Company metaplanet also reported a new acquisition of Bitcoin as part of the continuous treasury strategy. In a statement, the company confirmed:
“Get an additional bitcoin as part of the ongoing treasury operations in Bitcoin. Details of the last purchase are as follows:
The number of bitcoin purchased ： 330 bitcoin
The average purchase price ： 12,181,570 yen per bitcoin
The collected amount purchased. 4.020 billion yen
Total Bitcoin ： 4,855 Bitcoin holdings
Average purchase price ： 12,804,361 yen per bitcoin
The collected amount purchased. 62.165 billion yen “
These moves reflect a wider direction to adopt companies and allocate a cabinet towards bitcoin amid total economic uncertainty and currency concerns.
With the price of Bitcoin continued at new altitudes and institutional accumulation on a large scale, the market morale appears to turn into a period of calm up to about $ 76,000. The price procedures today – in addition to the new purchase of public companies – indicate that the demand for bitcoin as a strategic asset not only continues, but is accelerating.
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