Bitcoin (BTC) surged decisively past the $100,000 milestone, trading near $102,500 with a solid 4.7% gain over the past 24 hours. This significant move comes with growing signals of institutional crypto adoption, highlighted by fresh corporate announcements.
A recently uploaded video showed Jetking CEO Harsh Bharwani revealing his company’s plans to increase its Bitcoin holdings in a notable adoption move.
JUST IN: INDIAN PUBLIC COMPANY JETKING CEO SAYS HE IS RAISING BILLIONS TO BUY 18,000 #BITCOIN
CORPORATE ADOPTION GOING PARABOLIC 🚀 pic.twitter.com/izDP6zBZK5
— The Bitcoin Historian (@pete_rizzo_) May 7, 2025
Jetking CEO Unveils Multi-Stage Bitcoin Accumulation Plan
According to Bharwani, Jetking will raise its Bitcoin holding to about 180 BTC in the next six months.
Looking further ahead, the Jetking CEO confirmed longer-term company plans to potentially scale its Bitcoin position to 18,000 BTC before the next halving cycle (around 2028) or by 2030, using various available instruments.
Related: Bitcoin (BTC) Price Prediction for May 9: Can Bulls Hold the $99K Breakout?
Strategy (Ex-MicroStrategy) Debuts 2025 Bitcoin Standard Model
Adding to the institutional adoption narrative, Strategy (formerly MicroStrategy), arguably the most famous Bitcoin investment company, announced it would release a 2025 Bitcoin Standard Model to help companies adopt Bitcoin. Strategy’s Bitcoin program is worthy of note, considering their bullish approach toward the digital asset, no matter the season.
Reports suggest Strategy’s upcoming model will offer companies structured guidance for integrating Bitcoin into their operations. The model’s ultimate aim is to accelerate institutional and enterprise adoption of Bitcoin by standardizing and easing processes that would allow businesses to use Bitcoin.
Although analysts expect Strategy’s new plan to increase Bitcoin’s mainstream adoption, the primary target is to catalyze further institutional involvement, set new standards, and drive more companies to integrate Bitcoin, using it as part of their core business and treasury operations.
Bitcoin Consolidates Above $100K, Eyes New All-Time Highs
Bitcoin traded strongly near $102,500 at press time, consolidating gains after breaking the key $100,000 psychological level. This marks Bitcoin’s first sustained move above $100K since pulling back from its January 20, 2025, all-time high near $109,356, according to data from TradingView.
Related: Bitcoin & FOMC: What Santiment’s 4 Scenarios Mean for BTC Price
Successfully holding $100,000 support would boost Bitcoin’s returning bullish momentum, potentially triggering a surge that would see the flagship cryptocurrency establish a new all-time high.
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