Bitcoin price continues its upward trajectory today, rising $3,735 (4.42%)

Bitcoin’s price continued its upward trajectory today, rising $3,735 (4.42%), at the time of writing, to reach $88,300

Bitcoin’s price continued its upward trajectory today, rising 4.42%, at the time of writing, to reach $88,300. The surge comes as gold breaks above $3,400 per ounce for the first time, currently trading at $3,431.10, highlighting a broader trend of investors seeking safe-haven assets.

Just In: $88,000 #Bitcoin 🟢

Since April 2, Bitcoin’s performance has also outpaced the Nasdaq, showcasing growing divergence between traditional equities and digital assets.

One of the day’s key developments came from Strategy ($MSTR), formerly known as MicroStrategy, in which Chairman Michael Saylor announced the purchase of 6,556 BTC for approximately $555.8 million at an average price of $84,785 per bitcoin. As of April 20, 2025, the company holds 538,200 BTC, acquired for roughly $36.47 billion at an average cost of $67,766 per bitcoin.

Strategy has now bought 285,980 BTC since it unveiled its ambitious 21/21 plan to acquire $42 billion worth of bitcoin. That breaks down to an average of $154 million in daily purchases over nearly six months—an aggressive pace unmatched by any other public company.

Strategy $MSTR has bought 285,980 #bitcoin since they announced their 21/21 plan.On average, that is $154 million worth every day for almost 6 months.

Meanwhile, Japanese public company Metaplanet also reported a fresh Bitcoin acquisition as part of its ongoing treasury strategy. In a statement, the company confirmed:

“The acquisition of additional Bitcoin as part of its ongoing Bitcoin Treasury Operations. Details of the latest purchase are as follows:Number of Bitcoin Purchased： 330 BitcoinAverage Purchase Price： 12,181,570 yen per BitcoinAggregated Amount Purchased： 4.020 billion yenTotal Bitcoin Holdings： 4,855 BitcoinAverage Purchase Price： 12,804,361 yen per bitcoinAggregated Amount Purchased： 62.165 billion yen”

*Metaplanet Purchases Additional 330 $BTC*

These moves reflect a broader trend of corporate adoption and treasury allocation toward Bitcoin amid macroeconomic uncertainty and currency debasement concerns.

With Bitcoin’s price pressing into new highs and institutional accumulation continuing at scale, market sentiment appears to be turning bullish after a period of bear market. Today’s price action—along with fresh buying from public companies—signals that demand for Bitcoin as a strategic asset is not only persisting but accelerating.