Bitcoin News Today: Bitcoin's 17-Year Leap: Institutions Now Treat It as Geopolitical Hedge

Bitcoin, the world's first cryptocurrency, marked a pivotal 17-year anniversary on October 31, 2025, as the original whitepaper was released in 2008. The digital asset's journey since its inception has been defined by volatility, innovation, and a growing institutional embrace. Recent developments underscore Bitcoin's evolving role in corporate finance, geopolitical dynamics, and speculative markets.

Hyperscale Data, Inc. (NYSE American: GPUS) saw its stock surge 26% on October 28 after disclosing that its Bitcoin treasury had reached $68.8 million, or 50% of its market capitalization. The company, which holds 194.5513 Bitcoin, plans to allocate $46.5 million in cash for further purchases under a disciplined dollar-cost averaging strategy, according to an Investing.com report. Meanwhile, Metaplanet, the fourth-largest public Bitcoin holder globally, announced a ¥75 billion share repurchase program to bolster its treasury strategy. With 30,823 Bitcoin in its holdings, the firm reiterated its goal of acquiring 210,000 BTC by 2027, per a Coinpedia report. MicroStrategy, the largest corporate Bitcoin holder, reported $2.8 billion in Q3 net income driven by Bitcoin gains, reinforcing its buy-and-hold model, according to a BeInCrypto report.

Bitcoin's price rose 1.6% to $111,390 following confirmation of a Trump-Xi Jinping meeting in South Korea, raising hopes for de-escalation in U.S.-China trade tensions, a Barron's report. The move countered earlier selloffs triggered by Trump's tariff threats. Analysts noted that geopolitical stability often correlates with renewed institutional interest in Bitcoin, which is increasingly viewed as a hedge against macroeconomic uncertainty.

Bitcoin's price action has drawn attention from traders and investors. On October 28, BTC/USD held above $114,000, supported by the 50-day EMA at $113,407, according to FXStreet analysis. While the asset faces resistance at $115,137, a break above this level could target $120,000. Conversely, a drop below $113,407 may extend the decline to $110,000. Institutional accumulation, particularly from companies like Coinbase—now holding 14,548 Bitcoin—further signals confidence in Bitcoin's long-term value, as noted in a Forbes report.

Industry leaders remain optimistic. MicroStrategy's Michael Saylor projected Bitcoin at $150,000 by year-end and $1 million in a decade, while Robert Kiyosaki predicted $200,000 before Christmas, according to an Inkl article. These forecasts hinge on Bitcoin's scarcity, with only 1 million coins remaining unmined, and growing institutional adoption. Saylor's company, which owns 640,808 BTC, has seen its stock outperform Bitcoin in recent quarters, despite a 12% decline in 2025.

U.S. President Donald Trump's pledge to position America as a cryptocurrency hub has bolstered regulatory clarity, encouraging corporate treasuries to adopt Bitcoin. Metaplanet's share repurchase program and MicroStrategy's capital allocation framework exemplify a shift toward Bitcoin-centric strategies. Meanwhile, Coinbase's $299 million Q3 Bitcoin purchase highlights the asset's transition from speculative trading to strategic reserve.