The news seems legit. Actually, I don't want to get too excited before I verify the news. If that happens, then we might see Bitcoin reaching 250K at the end of 2025. We may cross 500K after the next Bitcoin halving if this type of adaption continues. Finally, the companies started to understand that they could also do the same thing that Microstrategy started.
I don't know what is their average Buying price, but everyone knows that they are in huge profits. It is good to see Company like Amazon is going to consider buying Bitcoin as well. Now all of them want to collect the last Satoshi of Bitcoin. I don't have millions, so I would try to collect as much as I can.
They already know what Bitcoin is and its potential, but they were just waiting for the right timing, especially when regulations were in place. With the SEC approving ETFs, the risk has become minimal.
So, as big companies start buying Bitcoin, the price will become unstoppable. Its basic supply and demand - when demand is high, the price rises. And why will demand increase? Because these are massive companies. Even if they plan to invest just 5% of their market cap, were talking about billions of dollars flooding into Bitcoin.
