American Bitcoin posted a $3.5 million profit in the third quarter, reversing prior-year losses as mining margins widened to 56%. Revenue surged to $64.2 million from $11.6 million year-over-year. The company expanded its bitcoin holdings to 4,004 BTC, valued at approximately $400 million as of November 5.

Michael Saylor refuted rumors that Strategy sold Bitcoin holdings after on-chain wallet movements sparked investor concern on November 14, 2025. The speculation emerged during a market downturn, prompting Saylor to state via social media that no sales occurred. Blockchain data showed only internal transfers between Strategy-associated addresses rather than external transactions.

Harvard University holds 6,813,612 shares of BlackRock's IBIT Bitcoin ETF valued at approximately $442.8 million, according to a recent SEC filing. The position represents a 257% increase from the 1,906,000 shares worth around $117 million reported in the second quarter. The university simultaneously expanded its gold ETF holdings, nearly doubling its GLD position to 661,391 shares valued at $235 million.

Ki Young Ju, CEO of CryptoQuant, has identified three potential catalysts that could trigger a Bitcoin price rebound from current mid-$90,000 levels. Capital continues flowing into BTC despite a recent 10% decline, with one catalyst already showing signs of activation, data show.

Bitcoin is trading around $97,000 after falling below $100,000 for the first time since May. Binance Futures order books reveal significant bid walls totaling approximately 2,800 BTC, with clusters of 800 BTC and up to 2,000 BTC positioned near current price levels, according to CryptoQuant analyst Maartunn. The concentration of buy orders suggests large-scale accumulation by institutional traders.

Bitcoin has dropped through support levels at $106,400 and $99,000, raising concerns about additional downside. Analysts are monitoring horizontal price channels established since January 2024 ETF approvals, with potential support identified at $93,000, $85,000, and $79,000.

Strategy executive chair Michael Saylor rejected claims the company sold Bitcoin from its treasury, stating the firm continues active accumulation. Saylor confirmed Strategy will disclose additional purchases Monday. The denial followed speculation triggered by on-chain data showing movements of approximately 47,000 BTC worth $4.6 billion.

China injected approximately $50 billion into global markets as Bitcoin fell below $100,000, according to Solana News. On-chain data indicates the cryptocurrency market remains in a mid-cycle phase. Analysts maintain a long-term bullish outlook despite recent volatility.