As 2024 comes to an end, this year will be remembered as a game-changer for Bitcoin 🪙, with major institutions making massive investments. Here's a look back at the highlight
1. MicroStrategy – July 2024 📅
MicroStrategy acquired 21,550 Bitcoin 🤑 for $2.1 billion, boosting its total holdings to an astonishing 423,650 Bitcoin. This solidified their position as the ultimate Bitcoin whale 🐋.
2. BlackRock – November 2024 📊
The world’s largest asset manager saw its Spot Bitcoin ETF surpass 500,000 Bitcoin ⚡, valued at over $48 billion 💎. This historic move cemented BlackRock’s commitment to crypto.
3. El Salvador – December 2024 🌎
El Salvador 🇸🇻, the pioneer in adopting Bitcoin as legal tender, added 1,000 Bitcoin to its reserves during a price dip, demonstrating unwavering faith in its long-term value.
4. Kraken – May 2024 🦑
Crypto exchange Kraken raised $14 million in a Series C funding round 💼, reflecting growing institutional confidence in the crypto space.
5. ARK Invest – October 2024 🦾
ARK Invest, led by Cathie Wood, invested $500 million 💸 in Bitcoin ETFs, doubling down on its bullish outlook for the cryptocurrency market.
A Historic Year for Bitcoin 🏆
These investments propelled Bitcoin to an all-time high 🌕, crossing $100,000 in December 2024 🎉. The year highlighted growing institutional trust and mainstream adoption of crypto.
💡 What are your predictions for
Bitcoin in 2025? Let us know in the comments!