Bitcoin’s price climbed above $123,000 today, according to data from Bitcoin Magazine Pro, putting it just shy of breaking its current all-time high of $123,180 set on July 14, 2025. The move comes amid surging institutional interest, record corporate holdings, and growing national-level profits from BTC adoption.
Coinciding with Bitcoin’s rise in price, today marked a major milestone for Michael Saylor’s Bitcoin-heavy firm, Strategy, whose BTC holdings closed at an all-time high valuation of $77.2 billion. Saylor announced on X that this represents a jump of $35.4 billion from the firm’s previous peak of $41.8 billion in 2024. Strategy’s aggressive accumulation strategy has made it one of the largest Bitcoin holders in the world and a key driver in market sentiment.
Meanwhile, El Salvador’s Bitcoin gamble continues to pay off. President Nayib Bukele revealed on X that the nation now sits on an unrealized profit of $468,307,816 from its BTC holdings. After investing $300,548,375 into Bitcoin, the country’s total BTC stash is now valued at $768,856,191. The nation’s Bitcoin Office celebrated the milestone, declaring: “El Salvador’s bitcoin bet is paying off BIG TIME! Our holdings just soared past $770M USD!”
Institutional investment products are also seeing surging activity. U.S. spot Bitcoin ETFs recorded massive trading volumes today, led by BlackRock’s IBIT, which alone traded over $3.7 billion. Fidelity’s FBTC followed as the second-most traded, logging $530 million in volume—substantial, but still well below IBIT’s dominance.
Some market watchers say the rally could take a brief pause before its next leg higher. “There will be more Bitcoin ATHs but I think we will see a pullback because alts are running too hot now,” said Samson Mow, CEO of Bitcoin technology company Jan3. “Once the altcoin mania passes, Bitcoin will take off. This is just how it’s always been.”
With Bitcoin just a fraction away from setting a fresh record and both institutional and sovereign adoption accelerating, market participants are watching closely for a breakout to the next milestone of $125,000. Whether it happens in hours or days, momentum appears firmly in Bitcoin’s favor—fueled by whale buying, corporate treasuries, and geopolitical endorsements.
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