MicroStrategy has once again purchased 1,070 Bitcoins at an average price of about $94,000! This acquisition was made possible through $2 billion in financing via perpetual preferred stock. Bitcoin is trading at a premium on Coinbase, with the spot price breaking $100,000 for the first time in two weeks, coinciding with a return to net inflows for spot ETFs, which may suggest that institutions are preparing to increase their Bitcoin allocations for 2025.

Moreover, Canadian pro-crypto politician Pierre Poilievre may become the next Prime Minister, providing positive support for the market. However, the U.S. Treasury's debt ceiling issue could trigger market volatility, and investors need to remain vigilant.📈💼