On September 3, Grayscale Bitcoin Trust rose 5.07% in regular trading, reaching $62.91/share, with turnover of approximately $103 million. The surge aligns with a broader Bitcoin price recovery as the cryptocurrency battles to reclaim the $80,000 level amid strengthening institutional demand.

On the fund flow front, U.S. spot Bitcoin ETFs attracted over $2.6 billion in net inflows over eight consecutive trading days through late August, with cumulative August net inflows reaching approximately $3.28 billion. Major crypto treasury firms including Strategy, Strive, and BitMine simultaneously disclosed fresh purchases totaling over $500 million in a single week, signaling a decisive institutional bullish consensus. Strive alone added 1,800 BTC at an average cost of $79,431.

Market data shows that if Bitcoin breaks above $81,338, cumulative short liquidation intensity across major exchanges could reach $2.14 billion, potentially fueling further upside momentum. Bernstein forecasts Bitcoin reaching $125,000 by year-end, while Standard Chartered suggests its $100,000 target may prove conservative as spot ETF inflows recover.

Grayscale Bitcoin Trust is a publicly traded trust invested exclusively in Bitcoin, deriving its value solely from Bitcoin's price, enabling investors to gain exposure without directly purchasing or storing the cryptocurrency.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)