The crypto market is facing negative pressure, but Bitcoin shows bright potential. MicroStrategy, led by Michael Saylor, has purchased 178,704 Bitcoins in 2024 worth more than $15 billion, without selling a single one. This move reflects strong confidence in Bitcoin's long-term strategy.

The major purchases occurred in the fourth quarter, with more than 150,000 Bitcoins purchased, about 83.9% of the annual total. This helped to withstand selling pressure from long-term investors, keeping Bitcoin's price stable near the psychological level of $100,000.

MicroStrategy's strategy has begun to influence other institutions, including the central banks of Norway and Switzerland, which invest indirectly through MicroStrategy.