bitcoin price

Bitcoin price is nearing $117,000 — but treasury stocks like MicroStrategy (NASDAQ: MSTR) and KindlyMD (NASDAQ: NAKA) are collapsing as dilution floods the market. The “paper bitcoin” era is officially over.

Bitcoin price signals a massive move as volatility drops to record lows, with derivatives and seasonal trends pointing to a sharp Q4 rally.

Bitcoin closed at $115,390 last week, with $118,000 as the next hurdle. Wednesday’s Federal Reserve rate decision could spark volatility if the expected 0.25% cut is delayed.

Strategy has acquired an additional 525 BTC for $60.2 million at an average price of $114,562, bringing its total holdings to 638,985 BTC. The purchase comes as corporate Bitcoin treasury holdings exceed 1 million BTC, representing approx 5% of the circulating supply, with new companies joining the trend almost daily.

With Bitcoin price hovering around $111,000, easyGroup founder Sir Stelios Haji-Ioannou has launched easyBitcoin, a new trading platform. The platform, developed with Uphold, aims to simplify Bitcoin investment for retail users at a time when corporate Bitcoin holdings exceed 1 million BTC, representing 5% of the circulating supply.

Despite institutional accumulation, Bitcoin price action remains underwhelming as supply-and-demand dynamics reveal long-term holders are cashing in.

With Bitcoin price hovering around $111,800, Strategy has acquired an additional 1,955 BTC for $217.4 million, bringing its total holdings to 638,460 BTC at an average purchase price of $73,880. The purchase, made despite recent S&P 500 exclusion, demonstrates the company's unwavering commitment to Bitcoin accumulation as corporate treasury holdings collectively surpass 1 million BTC.

With Bitcoin price hovering below $112,000, Japanese investment giant Metaplanet Inc. has acquired an additional 136 BTC for $15.2 million, bringing its total holdings to 20,136 BTC acquired for $2.08 billion.

Bitcoin price surges past $111,000 as Strategy announces the purchase of 4,048 BTC for $449.3 million, bringing its total holdings to 636,505 BTC. The company's aggressive accumulation strategy, funded through various ATM offerings totalling $471.8 million, comes amid growing corporate treasury adoption trends.

In Bitcoinland nowadays, everything seems upside down; despite all the bullish energy, all the records hit, and the bitcoin treasury companies vacuuming the world for cheap sats, the price keeps falling. The dissonance was at a maximum at the recently concluded Bitcoin Asia in Hong Kong.