BTC Holds $112K Amid Growing Institutional Demand

Bitcoin has once again proven its resilience. Despite a pullback of around 2.3% in the past 24 hours, BTC continues to trade above the key US$112,000 level, reminding both investors and traders that institutional demand remains a powerful force in shaping the market.

While Ethereum grabbed headlines this week thanks to BitMine Immersion’s US$1.1 billion ETH purchase, Bitcoin has quietly held its ground. Japan’s Metaplanet expanded its treasury by 5,419 BTC (worth US$633 million), lifting its total holdings to 25,555 BTC, making it the fifth-largest corporate holder globally.

Meanwhile, Michael Saylor’s Strategy group added another 850 BTC for US$100 million following the US Federal Reserve’s rate cut, pushing its total stash to a staggering 639,835 BTC, now worth US$47.3 billion.

These moves signal a broader theme: companies are continuing to treat Bitcoin as a long-term balance sheet asset, a hedge against currency risks, and a statement of conviction.

The Fed’s 25-basis-point cut has revived expectations of easier liquidity, which historically benefits risk assets. For Bitcoin, that backdrop aligns neatly with growing institutional adoption. While near-term volatility persists, the underlying bid from corporates suggests dips may increasingly be viewed as opportunities to accumulate.

As Michael Saylor himself framed it, Bitcoin’s reduced volatility is not a weakness, rather it’s evidence of the maturity increasing and deepening institutional comfort.

From a charting perspective, BTC has tested support around US$112,000 after slipping from the US$115,000 zone. The 200 day EMA at US$113,450 is a critical pivot to keep an eye on: reclaiming it could set the stage for another push toward US$118,000.

Momentum indicators remain oversold, hinting at potential accumulation zones for longer-term investors. A sustained break back above US$114,750 would likely flip sentiment more decisively bullish.

With corporate balance sheets expanding into Bitcoin, regulatory clarity improving, and global liquidity conditions easing, the case for long-term accumulation continues to build. Near-term swings are part of the journey, but the broader structure of higher lows since mid-2025 remains intact.

Should buying pressure persist, Bitcoin may be well positioned for another attempt at US$120,000 and beyond as we head toward 2026.