Crypto Writer
Arslan Butt
Crypto Writer
Arslan Butt
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Bitcoin held above $108,500 on Tuesday, with price stabilizing at $108,844 as institutional demand returned. This is primarily thanks to DDC Enterprise, which added 230 BTC to its treasury, 48.3% of its total, bringing the total to 368 BTC. The company bought the coins at an average price of $90,764 per coin.
This is ahead of schedule for DDC’s six-month plan to buy 500 BTC. DDC’s CEO, Norma Chu, reiterated the company’s long-term vision: Bitcoin is part of its treasury model, and this purchase cements that.
Key support for this aggressive accumulation came from a $528 million raise, one of the largest for a Bitcoin-focused NYSE-listed company. The capital raise included:
- $26 million PIPE deal
- $25 million convertible notes with an additional $275 million commitment
- $200 million equity credit line
Backed by Anson Funds, Animoca Brands, and Kenetic Capital, DDC’s BTC accumulation aligns with its goal of holding 5,000 BTC and positioning itself as a leader among crypto treasury public companies.
Strategy Pauses, Plans $4.2B Offering
Strategy, the largest corporate Bitcoin holder, has paused its three-month buying streak. However, the pause appears tactical, as the company plans a $4.2 billion STRD stock offering to fund future Bitcoin purchases. They already hold 597,325 BTC, representing over 2.8% of Bitcoin’s total supply.
Although this will resume soon, market dynamics suggest a more tempered enthusiasm. Last week’s $790 million in Bitcoin ETF inflows was a notable dip from the $1.5 billion weekly average in June. Analysts attribute this to rising macro uncertainty and softer spot market demand.
However, BTC’s overall trend remains supported by institutions. Companies like Metaplanet have been accumulating during low volume periods and helping to hold BTC above $108K.
Bitcoin Technical Outlook: Bulls Hold the Line
From a technical perspective, Bitcoin price prediction remains strong. It’s holding above the trendline and 50-period SMA ($108,353) on the 2-hour chart. A strong bounce from the $107,490 area has formed a higher low, and the RSI is at 57.12, indicating room for further upside.
A break above $109,727 could see $110,561 and $111,523 come into play, the next major targets from earlier July.
Trade:
- Entry: Above $109,000 on breakout
- Targets: $110,561 to $111,523
- Stop-Loss: $108,150
As long as BTC holds trendline and SMA support, the short-term bias is up. However, traders should wait for confirmation and avoid overexposure if the volume doesn’t support the price.
Despite short-term hesitation in ETF flows, DDC’s buying and Strategy’s funding round suggest institutions are still hungry. If momentum surpasses $109K, BTC could be poised for a significant Q3.
Bitcoin Hyper Presale Over $2M as Price Rise Nears
Bitcoin Hyper ($HYPER), the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), has raised over $2 million in its public presale, with $2,061,881 out of a $2,510,240 target. The token is priced at $0.012175, with the next price tier expected to be announced soon.
Designed to merge Bitcoin’s security with Solana’s speed, Bitcoin Hyper enables fast, low-cost smart contracts, dApps, and meme coin creation, all with seamless BTC bridging. The project is audited by Consult and engineered for scalability, trust, and simplicity.
The golden cross of meme appeal and real utility has made Bitcoin Hyper a Layer 2 contender to watch in 2025. With staking, a streamlined presale, and a full rollout expected by Q1, $HYPER is gaining serious traction.
