Monsterra (MSTR) priceMSTR

Bitcoin’s rise, supported by the corporations’ demand Bitcoin price reached a new all-time high (ATH) of $107,793 at the start of this week. This rise could be seen as the result of corporations' rising demand for Bitcoin.  On Monday, Michael Salyor’s MicroStrategy (MSTR) announced that the company had purchased an additional 15,350 BTC for around $1.5 billion at an average price of $100,386 per BTC. MSTR currently holds 439,000 BTC, acquired for $27.1 billion at an average price of $61,725 per Bitcoin. This activity sparked discussion in the crypto community about Bitcoin, which led to a new all-time high of $107,793 that day.  During the same period, Riot Platforms also announced that it had added 667 BTC at an average price of $101,135 per BTC. Currently, Riot holds 17,429 BTC, valued at $1.8 billion. Apart from corporate demand, institutional inflows are also supporting Bitcoin’s rise. According to Coinglass, Bitcoin Spot Exchange Traded Funds (ETF) data recorded an inflow of $637.5 million on Monday, continuing its positive flows streak since November 27. Total Bitcoin Spot ETF Net Inflow chart. Source: Coinglass In the context of rising demand on both corporate and institutional levels, “Bitcoin is entering a phase of escape velocity,” Anthony Rousseau, Head of Brokerage Solutions at Trade Nation, told FXStreet in an exclusive interview. Rousseau explained that a real-time supply shock unfolds as Bitcoin’s fixed supply meets surging demand and pushes prices higher. “Many holders remain unwilling to sell at current levels, suggesting further upside potential toward year-end,” said Rousseau. Bitcoin Magazine tweeted on Tuesday that a European Parliament member called for Strategic Bitcoin Reserve and said: “NO to the Digital Euro.” Despite strong demand and Bitcoin reaching a new high, traders should remain cautious. Arkham intelligence data shows that defund exchange MT. Gox moved funds worth $172.54 million on Monday. This transfer could later be sent to exchanges like Bitstamp, BitGo and Kraken for repayment to the creditors. If done, this sell-on exchange activity could generate FUD (Fear, Uncertainty, Doubt) among traders, potentially contributing to a decline in Bitcoin’s price. “We believe on-chain movements related to Mt. Gox will have minimum or no impact on the market.” Bitfinex analysts told FXStreet. The analyst explained that Mt. Gox creditors will not add substantial selling pressure because all are early Bitcoin adopters, and most have a view on how to get the best value for their bitcoins. “In addition, the demand that we are seeing for Bitcoin across all spectrums of investment instruments as well as the ETF inflows continues to increase and is likely to be able to absorb any sell pressure." said the analyst.

$BTC rises beyond $107K as Microstratergy and Riot increase holdings Bitcoin trades over $107,300 on Tuesday after hitting $107,793 the day before. Corporates like Microstragertgy and Riot platforms, who bought more Bitcoin,encourage the surge. Technical indicators imply a surge to $119,500. Bitcoin ($BTC ) traded over $107,000 on Tuesday after touching a record $107,793 the day before. MicroStragerty and Riot Platforms, who bought more BTC, boost the BTC surge. Bullish technical indicators back the climb and aim $119,500. Bitcoin's ascent, driven by corporate demand At the start of the week, bitcoin hit $107,793, its ATH. This surge may be due to firms' Bitcoin demand. Michael Salyor's MicroStrategy (MSTR) revealed on Monday that it has bought 15,350 BTC for $1.5 billion at $100,386 per. MSTR owns 439,000 BTC, bought for $27.1 billion at $61,725 each. Bitcoin reached an all-time high of $107,793 that day due to crypto community debate. Riot Platforms declared 667 BTC additions at $101,135 each. Riot has 17,429 BTC worth $1.8 billion. Apart from business demand, institutional inflows are helping Bitcoin soar. Bitcoin Spot Exchange Traded Funds (ETF) data showed a $637.5 million inflow on Monday, maintaining its bullish run from November 27. In an exclusive interview with FXStreet, Trade Nation Head of Brokerage Solutions Anthony Rousseau said, “Bitcoin is entering a phase of escape velocity” due to increased corporate and institutional demand. A real-time supply shock occurs when Bitcoin's fixed supply meets rising demand, pushing prices higher, Rousseau stated. “Many holders remain unwilling to sell at current levels, suggesting further upside potential toward year-end,” Rousseau added. Bitcoin hit $107,793 on Monday after rising over 3% in the previous week. Trades over $107,300 on Tuesday If BTC keeps rising, it might touch $119,510, its new ATH. From the November 4 low of $66,835 to the December 5 high of $104,088, this level represents the 141.4% Fibonacci extension.

MicroStrategy has acquired 15,350 BTC for approximately $1.5 billion at an average price of $100,386 per Bitcoin. 🔑 Key Stats: Total Holdings: 439,000 BTC Total Investment: ~$27.1 billion Average Purchase Price: $61,725 per BTC MicroStrategy continues to lead as the largest institutional holder of Bitcoin, strengthening its bullish stance on BTC. 📈 $MSTR$BTC

Bloomberg ETF analyst Eric Balchunas, along with analyst James Seyffart, expects MicroStrategy (MSTR) to be added to the Nasdaq 100 Index on December 23, with an announcement on December 13. While its near-term inclusion in the S&P 500 is unlikely due to profitability issues, accounting rule changes related to Bitcoin valuation may make it eligible by 2025.

According to HODL15Capital monitoring, as of December 7th, the current top 15 Bitcoin holders include IBIT, Grayscale GBTC and BTC, MSTR, FBTC, ARKB, BITB, MARA, HODL,Tesla,Coinbase,HUT,BRRR,SQ,Tether,and CLSK. The top three are: BlackRock's IBIT holding 523735 BTC; Microstrategy (MSTR) holding 402100 BTC; Fidelity's FBTC holding 212385 BTC.