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Bitcoin tops $63,000 as Strategy buys $100M more BTC

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Bitcoin climbed above $63,000 after Strategy added $100 million to its BTC holdings, while El Salvador continues its daily bitcoin purchases, now holding 7,676 BTC worth $487 million.

Bitcoin tops $63,000 as Strategy buys $100M more BTC

Bitcoin surged past $63,000 on Monday as corporate demand intensified, with Strategy adding another $100 million worth of BTC to its balance sheet. The move pushed the broader crypto market higher, reinforcing bullish sentiment among traders.

Strategy's latest purchase, disclosed in a regulatory filing, brings its total bitcoin holdings to over 500,000 BTC, making it the largest corporate holder of the digital asset. Separately, El Salvador's Bitcoin Office confirmed the country continues to accumulate at least one bitcoin per day, as pledged by President Nayib Bukele. The nation now holds 7,676.37 BTC, worth approximately $487 million at current prices. Although the value of its holdings peaked at nearly $800 million in October 2025 when bitcoin traded at $126,000, the steady accumulation strategy remains intact. For crypto traders, such large-scale buying by institutions and sovereign entities acts as a demand-side catalyst, often supporting price floors during corrections. Live crypto prices and charts on NowPrice show how the market is reacting to these accumulation trends in real time.

Looking ahead, traders will monitor whether Strategy continues its aggressive buying pace, especially as bitcoin approaches key resistance levels near $65,000. El Salvador's ongoing purchases, though smaller in scale, signal long-term conviction from a sovereign adopter. Combined with the upcoming halving cycle dynamics and ETF flow trends, these factors could shape bitcoin's trajectory in the coming weeks.

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Editorial summary by NowPrice. Read the original article at the source for full reporting.