The recent rise in Bitcoin price is fueled by two major forces: MicroStrategy's massive acquisition of Bitcoin and the rise of Bitcoin ETFs, including Grayscale and BlackRock.

MicroStrategy recently added 3000 Bitcoins

additional to his portfolio.

the company owns almost 200,000 Bitcoins, or almost 1% of the total supply (the total supply is 21 million bitcoins).

This massive acquisition demonstrates the company's unprecedented confidence in the long-term growth potential of Bitcoin. By consolidating their position, MicroStrategy is sending a strong signal to institutional investors and businesses, thereby strengthening the legitimacy and credibility of Bitcoin as a viable store of value and financial asset.

despite everything nuanced by the hacking of their X account (twitter) by an unscrupulous hacker who tarnishes the company's image in terms of security 😅.

Along with MicroStrategy's commitment to Bitcoin, Bitcoin ETFs have also played a major role in increasing the value of the king of cryptos.

In particular, the Bitcoin ETFs managed by Grayscale and BlackRock, which have attracted massive investment flows, totaling $24 billion for Grayscale and $7 billion for BlackRock, respectively. These investment vehicles have opened new avenues into Bitcoin for a wide range of institutional and individual investors, providing indirect exposure to this asset class without the hassle of directly owning and managing Bitcoins .

So what happens next? Well, with the next Bitcoin Halving looming on the horizon, some investors might start considering their options.

intense suspense 😬.

While some might choose to hold on to their Bitcoins to see how far they can go, others might decide to take profits and get out of the way.