币界网报道:Bitcoin's price surged past $50,000 as institutional interest continues to grow, with major players like MicroStrategy and Tesla making significant investments. MicroStrategy, led by CEO Michael Saylor, recently purchased an additional 850 BTC for $37.2 million, bringing its total holdings to over 190,000 BTC worth approximately $9.1 billion. Tesla also disclosed a $1.5 billion Bitcoin investment in its Q4 earnings report, signaling strong corporate confidence in the cryptocurrency. Analysts attribute the rally to increasing adoption by institutional investors, with firms like Grayscale and Square also expanding their Bitcoin portfolios. The total value of Bitcoin held by public companies now exceeds $64 billion, according to data from Bitcoin Treasuries. Market experts suggest that this trend could accelerate as more corporations seek to hedge against inflation and diversify their treasury reserves. The growing acceptance of Bitcoin as a legitimate asset class is further evidenced by the launch of Bitcoin futures ETFs and the integration of crypto services by traditional financial institutions like Fidelity and JPMorgan. Despite regulatory uncertainties, the bullish sentiment persists, with some predicting Bitcoin could reach $100,000 by the end of 2024 if institutional inflows continue at the current pace. The cryptocurrency market cap has surpassed $2 trillion, with Bitcoin accounting for nearly 40% of the total. This institutional-driven rally marks a significant shift from previous retail-dominated cycles, highlighting Bitcoin's maturation as a global financial asset.