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Bitcoin Price Bounced Above $107K, Amidst Rising Interest and Market Optimism

Bitcoin Price Bounced Above $107K, Amidst Rising Interest and Market Optimism

CryptoRoCryptoRo2025/06/12 23:24
By:Rada Mateescu

Key Points

  • On June 9, Michael Saylor announced that Strategy₿ bought more Bitcoin.
  • Also, the French company The Blockchain Group revealed it will raise 300 million Euros to buy BTC.

On June 9, Bitcoin’s price surged above $107,000, fueled by continued interest from BTC-centric companies and increased market optimism.

This is an important week for the industry, as the US will release the CPI data for May, and the US-China economic and trade consultations will begin on June 10.

Bitcoin Rises Above $107,000

At the moment of writing this article, BTC is trading above $107,000, up by almost 2% in the past 24 hours.

BTC price in USD today

BTC recorded a price surge from $105,000 on June 9, pushed by optimism in the industry and continued interest in the digital asset.

Strategy₿ Bought More BTC

In a new post on X, Michael Saylor announced that Strategy₿ has acquired 1,045 for approximately $110,2 million at over $105,000 per coin. The company has achieved a yield of 17.1% YTD, and as of June 6, they hold 582,000 BTC bought for over $40,7 billion at over $70,000 per coin.

Strategy has acquired 1,045 BTC for ~$110.2 million at ~$105,426 per bitcoin and has achieved BTC Yield of 17.1% YTD 2025. As of 6/8/2025, we hodl 582,000 $BTC acquired for ~$40.79 billion at ~$70,086 per bitcoin. $MSTR $STRK $STRF $STRD https://t.co/9cpK5vtVwW

— Michael Saylor (@saylor) June 9, 2025

At current prices, Strategy₿’s BTC holdings are worth over $62 billion.

On his X account, Saylor also reposted an important move by The Blockchain Group, which will launch a 300 million Euros Program and will reportedly use the proceeds to buy BTC.

🟠 The Blockchain Group Launches a €300 Million “ATM-type” Capital Increases Program with TOBAM⚡️

Full Press Release (EN): https://t.co/DbXXbb6OT8

Full Press Release (FR): https://t.co/XbaTfaOqfn

BTC Strategy (EN): https://t.co/EiVKw8s4zB pic.twitter.com/dZQCIckgK8

— The Blockchain Group (@_ALTBG) June 9, 2025

The Blockchain Group is a Bitcoin Treasury Company (data intel, AI, and decentralized tech development) listed on Euronext Growth Paris.

Bitcoin’s price seems to be getting closer to a new ATH at the beginning of an important week for the industry.

Notable Events This Week

As Greeks.live also highlighted in an earlier post on June 9, this week, the US will release the CPI data, an economic indicator which can affect the price of Bitcoin.

Also, on Tuesday, June 10, the US-China economic and trade consultations are set to begin – an event that could also influence the BTC price trajectory.

Bitcoin and the crypto industry remain surrounded by optimism at the beginning of this important week.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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