Bitcoin Price Hits Two-Month High Amid Strategy Buys

Source: Investor’s Business Daily

“The price of bitcoin continued its April surge, rebounding to prices not seen since early February. … Bitcoin Wednesday afternoon traded around $78,600, surging 3.9% over the past 24 hours. Bitcoin peaked at $79,468 intraday Wednesday, marking its highest price since Feb. 2. Although bitcoin has trended higher in April, it still remains well below its October peak of $126,200. … Meanwhile, Strategy on Monday announced it acquired 34,164 bitcoin for roughly $2.54 billion, representing a price of about $74,395 per bitcoin. … With the acquisition, Strategy became the largest publicly-traded holder of bitcoin, surpassing BlackRock’s iShares Bitcoin Trust ETF (IBIT), which holds 806,699 bitcoin.” (04/22/26)

https://www.investors.com/news/bitcoin-price-february-high-78000-strategy-buying-bitcoin-etf-flows-institutional-participation/