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Bitcoin Magazine
Bitcoin Hits New All Time High at $112,000 As Corporations Buy Record Amounts of BTC
Bitcoin has reached a new all time excessive (ATH) of $112,000, following a regular climb that started on June 22, when Bitcoin was buying and selling close to $98,000.
BREAKING: BITCOIN HITS A NEW ALL TIME HIGH ABOVE $112,000 pic.twitter.com/xCLzVH05RV— Bitcoin Magazine (@BitcoinMagazine) July 9, 2025
Coinciding with BTC’s ATH, BlackRock’s iShares Bitcoin Trust at the moment also closed at a new ATH of $63.58. IBIT now holds more than 700,000 BTC, roughly over 3.33% of the complete bitcoin provide. According to Bloomberg, IBIT generates more annual price income than BlackRock’s S&P 500 ETF (IVV). Despite being just 18 months previous, the $75 billion ETF earns an estimated $187.2 million yearly, surpassing the $187.1 million earned by IVV.
In 2021, El Salvador turned the first nation to make investments in Bitcoin, and now holds over 6,232 BTC in their treasury. After bitcoin’s ATH at the moment, El Salvador’s Bitcoin reserves reached $400 million in unrealized positive aspects after years of regular accumulation. On November 16, 2022, the President of El Salvador Nayib Bukele introduced the nation will begin shopping for 1 BTC per day, “until Bitcoin becomes unaffordable with fiat currencies.”
pic.twitter.com/qcUpvRFc4A— Nayib Bukele (@nayibbukele) July 9, 2025
The value motion also displays rising the demand from companies shopping for more bitcoin. Earlier this month, UK-based The Smarter Web Company elevated its BTC holdings to 1,000 BTC. US tech corporations have likewise been closely accumulating, with a number of Nasdaq listed firms changing a portion of their money reserves into Bitcoin.
“I am looking forward to working with our advisors on evaluating the effectiveness and perhaps we can then inspire other UK companies to adapt a similar mechanism, as we have seen with our pioneering approach to treasury management using Bitcoin,” said the CEO of The Smarter Web Company Andrew Webley.
Just last month, Strategy Executive Chairman, Michael Saylor, stated in a Bloomberg interview, “winter is not coming back. We are past that phase. If Bitcoin is not going to zero, it is going to $1 million. The President of the United States is determined. He supports Bitcoin, the cabinet supports Bitcoin, Scott Bessent supports Bitcoin, Paul Atkins is shown himself to be an enthusiastic believer of Bitcoin and digital assets… Bitcoin has gotten through its riskiest period.”
This publish Bitcoin Hits New All Time High at $112,000 As Corporations Buy Record Amounts of BTC first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.
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