{"id":32544,"date":"2024-11-18T23:21:33","date_gmt":"2024-11-18T23:21:33","guid":{"rendered":"http:\/\/ci02ece879900027e9"},"modified":"2025-02-19T10:49:31","modified_gmt":"2025-02-19T15:49:31","slug":"why-100000-bitcoin-is-right-around-the-corner","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/takes\/why-100000-bitcoin-is-right-around-the-corner","title":{"rendered":"Why $100,000 Bitcoin Is Right Around The Corner"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><figure><img decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/01\/1_takes.png\" title=\"\"><\/figure>\n<p>If you have been following Bitcoin news today, like I have, you can not be more bullish on Bitcoin. Seriously, what a time to be alive!<\/p>\n<p>Just today:<\/p>\n<ul>\n<li>MicroStrategy <a href=\"https:\/\/www.microstrategy.com\/press\/microstrategy-acquires-51780-btc-and-achieves-btc-yield-of-20-qtd-and-41-ytd-now-holds-331200-btc\" target=\"_blank\" rel=\"noopener\">purchased<\/a> another 51,780 BTC for $4.6 billion and <a href=\"https:\/\/www.microstrategy.com\/press\/microstrategy-announces-proposed-private-offering-of-1-75b-of-convertible-senior-notes_11-18-2024\" target=\"_blank\" rel=\"noopener\">announced<\/a> its plans to raise $1.75 billion to buy more bitcoin<\/li>\n<li>Semler Scientific <a href=\"https:\/\/www.prnewswire.com\/news-releases\/semler-scientific-announces-btc-and-atm-activity-raised-21-5-million-purchased-additional-215-btc-now-holds-1-273-btc-with-btc-yield-of-37-3-302308149.html\" target=\"_blank\" rel=\"noopener\">bought <\/a>another 215 BTC for $17.7 million<\/li>\n<li>Genius Group <a href=\"https:\/\/www.globenewswire.com\/news-release\/2024\/11\/18\/2982721\/0\/en\/Genius-Group-launches-Bitcoin-Treasury-with-purchase-of-110-Bitcoin-for-10-million.html\" target=\"_blank\" rel=\"noopener\">launched<\/a> its Bitcoin treasury by purchasing 110 BTC for $10 million<\/li>\n<li>MARA Holdings <a href=\"https:\/\/ir.mara.com\/news-events\/press-releases\/detail\/1377\/mara-holdings-inc-announces-proposed-private-offering-of-700-million-of-convertible-senior-notes\" target=\"_blank\" rel=\"noopener\">announced<\/a> a $700 million raise to buy more BTC<\/li>\n<li>Metaplanet <a href=\"https:\/\/contents.xj-storage.jp\/xcontents\/33500\/67db9243\/017a\/415c\/b149\/7ec15632daf9\/140120241118525549.pdf\" target=\"_blank\" rel=\"noopener\">issued<\/a> \u00a51.75B debt offering to buy more BTC<\/li>\n<li>Global healthcare group Cosmos Health <a href=\"https:\/\/www.accesswire.com\/943902\/cosmos-health-integrates-bitcoin-and-ethereum-as-treasury-reserve-assets#:~:text=(%22Cosmos%20Health%22%20or%20the,announced%20today%20that%20it%20has\" target=\"_blank\" rel=\"noopener\">adopted<\/a> BTC as a treasury reserve asset<\/li>\n<\/ul>\n<p>Insane, right?<\/p>\n<p>The <a href=\"https:\/\/b.tc\/corporations\">corporate Bitcoin adoption<\/a> is going absolutely parabolic. The race among public companies to stack the most satoshis has kicked into hyperdrive.<\/p>\n<p>Some other news:<\/p>\n<ul>\n<li>Donald Trump is <a href=\"https:\/\/www.wsj.com\/livecoverage\/stock-market-today-dow-sp500-nasdaq-live-11-18-2024\/card\/exclusive-trump-to-meet-privately-with-coinbase-ceo-brian-armstrong-DDkgF0xW1BW242rVeuqx\" target=\"_blank\" rel=\"noopener\">meeting<\/a> with Coinbase CEO Brian Armstrong and is expected to discuss appointments<\/li>\n<li>Donald Trump&#8217;s media $DJT in talks to <a href=\"https:\/\/www.ft.com\/content\/d7f921d5-3668-4b6b-a98d-2681ad73610f\" target=\"_blank\" rel=\"noopener\">purchase<\/a> crypto trading platform Bakkt<\/li>\n<li>Options trading on BlackRock&#8217;s spot Bitcoin ETF could be <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-11-18\/nasdaq-poised-to-list-spot-bitcoin-etf-options-amid-crypto-rally\" target=\"_blank\" rel=\"noopener\">listed<\/a> as soon as tomorrow<\/li>\n<\/ul>\n<p>It&#8217;s only Monday, and my head is already spinning! With this tidal wave of positive adoption, I&#8217;d be downright shocked if we don&#8217;t blast through $100,000 per Bitcoin this week.<\/p>\n<p>I expect a flood of more bullish news and serious FOMO buying pressure this week. Seriously, tighten your seatbelts, folks\u2014with this momentum, Bitcoin hitting a hundred grand is coming sooner than you imagined!<\/p>\n<p><em>This article is a <\/em><a href=\"https:\/\/bitcoinmagazine.com\/takes\/bitcoin-magazine-introduces-opinion-takes\"><em>Take<\/em><\/a><em>. Opinions expressed are entirely the author&#8217;s and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today&#8217;s tidal wave of bullish Bitcoin developments has me convinced that BTC will hit $100,000 this week. <\/p>\n","protected":false},"author":2513,"featured_media":31617,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[4334,132,61,186,59],"class_list":{"0":"post-32544","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-takes","8":"tag-100k","9":"tag-bitcoin-price","10":"tag-donald-trump","11":"tag-microstrategy","12":"tag-opinion"},"author_data":{"id":2513,"name":"Vivek Sen","nicename":"vivek-sen-bitcoin","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/03\/cropped-vivek-96x96.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/01\/are-retail-investors-behind-the-bitcoin-price-surge-this-bull-run.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/32544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/2513"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=32544"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/32544\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/31617"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=32544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=32544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=32544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}