Key Points
- Donald Trump’s son showed support for Bitcoin, pushing prices above $98,000.
- Meanwhile, Strategy₿ announced an annual “BTC $ Gain” target of $10 billion for 2025.
Today, Bitcoin is making bullish moves, pushed by Donald Trump’s son, Eric Trump’s support via X, and optimism for the future, amidst increasing global adoption.
Thanks to its Bitcoin strategy, MicroStrategy, now rebranded to Strategy₿, announced it outperformed all major assets, planning an annual BTC $ gain target of $10 billion for this year.
Bitcoin Surges Above $98,000
At the moment of writing this article, BTC is trading above $98,000, up by 0.3% in the past 24 hours.
The digital asset recorded a surge from $96,000 levels earlier today, pushed by Eric Trump’s support via X, among other factors.
Earlier today, Eric Trump shared a post via his X account, telling followers that it feels like a great time to enter BTC, tagging the Trump family crypto project World Liberty Financial as well.
Bitcoin, Surrounded by Optimism Amidst Rising Adoption
Bitcoin is surrounded by huge optimism at the beginning of 2025, mostly stemming from rising global adoption.
Yesterday, we reported that BlackRock is getting ready to launch at ETP tied to Bitcoin in Europe, its first crypto fund outside of North America, following its huge success around IBIT, the company’s BTC ETF.
Bitcoin adoption has been a successful strategy not only for BlackRock’s crypto product and the other ETFs in the US but for MicroStrategy as well.
Michael Saylor announced that the company has been rebranded to Strategy₿. In a post on X, he said “New brand, same strategy.”
Strategy₿ Outperformed All Major Assets Since 2020
The company has been continually buying Bitcoin since August 10, 2020, and this strategy had it outperforming all major assets and S&P 500 stocks.
In a new report published on February 4, MSTR was shown as being 2,718% since August 10, 2020, significantly surpassing key assets and indices and big tech stocks.
The company revealed its Q4 2024 financial results in a new report, also announcing an annual BTC $ Gain target of $10 billion for 2025, meaning more upcoming significant investments in BTC.
