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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
💬 Do you think Bitcoin will become a new norm for corporate asset allocation? How might this impact Bitcoin’s price? What’s your recent BTC trading strategy? Post to share your price predictions, market analysis, and strategies with us using the topic tag!
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Recent Market Analysis
📈 Bitcoin’s Price on the Rise! 📈
As of March 24, 2025, Bitcoin (BTC) is trading at approximately $87,127. This marks a significant recovery from its recent dip to around $78,497.
This upward trend is influenced by several factors:
• Institutional Interest: Companies like MicroStrategy have increased their Bitcoin holdings, now owning 499,226 BTC valued at about $43.8 billion.
• Market Optimism: The broader crypto market is showing positive sentiment, with other cryptocurrencies also experiencing gains.
However, some analysts remain cautious, suggesting that Bitcoin may have already peaked for the year.