Bitcoin has experienced a significant rebound, with its price rising above $66,000 for the first time since late July. This increase was fueled by Metaplanet's strategic purchase of an additional 106 BTC.
Bitcoin's price surged more than 5% in the past 24 hours, trading around $65,980 on October 15 during the Asian session. The price movement indicates a strong market response to Metaplanet's acquisition.
The purchase by Metaplanet suggests increased institutional interest in Bitcoin, contributing to its recent price stability and growth.