Bitcoin remained stable around the $88,000 mark on April 22, 2025, as investor confidence was boosted by yet another strategic purchase by MicroStrategy co-founder Michael Saylor.
According to company disclosures, Saylor’s firm acquired an additional 1,000 BTC, bringing its total holdings to over 196,000 bitcoins. The company continues to double down on Bitcoin as a core treasury reserve asset, viewing it as a long-term store of value amid global monetary uncertainty.
Market Reactions to Institutional Support
The news helped stabilize prices after a volatile week in the crypto markets, driven by global economic tension, a weakening U.S. dollar, and rising interest in hard assets like gold and Bitcoin. Analysts say that Saylor’s consistent purchasing sends a strong signal to institutional investors about the viability of Bitcoin as a hedge against inflation and fiat currency devaluation.
Despite ongoing regulatory concerns in the U.S. and varying government approaches to crypto worldwide, Bitcoin’s resilience continues to attract long-term buyers. The digital currency is up nearly 9% month-to-date and over 40% year-to-date, outperforming major stock indexes.
Broader Crypto Market Sentiment
Other leading cryptocurrencies also showed modest gains. Ethereum traded around $1,690, while Solana and Avalanche posted 1.2% and 0.8% increases respectively. The total crypto market capitalization now stands just above $2.2 trillion, according to CoinMarketCap data.
With institutional adoption growing and more companies adding Bitcoin to their balance sheets, market watchers expect continued upward momentum — provided macroeconomic conditions don’t drastically shift.
