- Strategy added 15,355 Bitcoin, boosting its total holdings to over 535,000 BTC.
- Bitcoin held above $92,000, matching the short-term realized price.
- Institutional forecasts see Bitcoin reaching $210,000 by the end of 2025.
MicroStrategy founder Michael Saylor has announced significant Bitcoin acquisitions as global markets closely monitored BTC’s price action and institutional buying trends. Strategy increased its Bitcoin position by purchasing 15,355 units during the market growth. Strategy declared the purchase of 15,355 Bitcoin between April 21 and April 27. Strategy acquired Bitcoin at $92,737 per coin throughout its $1.42 billion purchase.
The strategic acquisition boosted Strategy’s Bitcoin holdings by 3%, resulting in 535,555 BTC worth more than $50 billion. The corporation started purchasing BTC as cryptocurrency rates rose during its buying period. The BTC price increased by 8% between April 21 and 27 until it reached nearly $94,000, according to CoinGecko data.
Bitcoin’s Price Holds Above Key Realized Price Level
Bitcoin stood at $95,442 during this writing, which surpassed its position at the start of the year yet remained lower than its peak value of more than $109,000 on January 21. BTC has maintained a position above its essential realized price point. According to market analysts, BTC reached its support point at $92,000 after the weekly market closure.
This price zone is important because it matches BTC market theory’s critical short-term holder (STH) realized price. The sum of STH cost bases shows $92,000 based on CryptoQuant data. Crypto analyst CryptoMe stated BTC needs to stay beyond its STH cost basis for the bull market to continue. He noted, “If this bull run is to continue, it must meet these conditions. The price must break above the STH-Realized Price, as shown in the image below. Therefore, this metric should be closely monitored.”
The predictions made by institutional analysts point to the increase in the value of BTC. The positive attitude of institutional investors toward BTC continues regardless of unfavorable macroeconomic factors affecting the market.
In another analysis, Presto Research’s Peter Chung predicts that BTC will reach an endpoint value of $210,000 in 2025. The growing adoption from institutions and expanding global financial liquidity served as his main reasons for an optimistic BTC price projection, according to Chung during his CNBC interview on April 28.
According to Chung, the recent price corrections stimulated healthy market corrections, which support BTC becoming an established financial asset for broad use. Altcoins Struggle to Keep Pace with BTC The altcoin market sector produced modest results while BTC maintained superior market performance.
Altcoins Struggle to Keep Pace with Bitcoin
The Altcoin Season Index stands at 16 out of 100 points, indicating that BTC remains the dominant force in market terms. Major altcoins demonstrated cautious positive movement during this period, leading to the CoinMarketCap 100 Index slightly increasing by 1.04% to $182.14.
According to the data, BTC maintains superior market performance against altcoins in the current market structure. Bitcoin’s positioning at the top of market performance defines the current market cycle by its constant supremacy across trading platforms.
