Bitcoin News Today: 21 Companies Buy $810 Million in Bitcoin as Price Hits $123,000

In a significant move, 21 companies, including MicroStrategy, Metaplanet, and Sequans, collectively acquired $810 million worth of Bitcoin between July 14 and July 19, 2025. This purchase occurred as the cryptocurrency's price surged to $123,000, highlighting a growing trend of corporate interest in Bitcoin as a reserve asset.

MicroStrategy, under the leadership of Michael Saylor, was the most active participant, acquiring 4,225 BTC. Saylor emphasized the strategic importance of Bitcoin as a treasury reserve, stating, "Bitcoin is the ultimate treasury reserve asset. MicroStrategy remains committed to acquiring BTC as part of our corporate strategy." This sentiment was echoed by other companies, including Metaplanet and Sequans, which also made substantial additions to their Bitcoin holdings.

The collective acquisition of $810 million in Bitcoin underscores a shift in corporate treasury strategies towards digital assets. This move is likely to bolster market confidence in Bitcoin, potentially providing price support amidst market fluctuations. The surge in Bitcoin's price to $123,000 during this period further suggests a strong institutional belief in the long-term value of cryptocurrencies.

The financial implications of these acquisitions are significant. They could contribute to the stability of Bitcoin's price and encourage other corporations to adopt similar strategies. While the political and social impacts are less certain, the trend indicates a growing institutional interest in cryptocurrencies, which could drive further investment in the future.

Historical trends have shown that corporate Bitcoin purchases often precede price increases. Analysts forecast sustained interest and further investment in digital assets, bolstered by recent acquisition patterns. This trend suggests that the corporate sector is increasingly viewing Bitcoin as a viable and valuable reserve asset, potentially leading to a more stable and robust cryptocurrency market.