Bitcoin is experiencing significant market activity, with analyst Willy Woo predicting a major breakout due to increased capital flows and investor confidence. Recent targets of $90,000 and $93,000 have been surpassed, with new targets set at $103,000 and $108,000. Twenty One Capital, a new Bitcoin-focused company led by Jack Mallers, has launched with 42,000 BTC on its first day, backed by SoftBank, Tether, and Cantor Fitzgerald. The company aims to accumulate Bitcoin and grow ownership per share, positioning itself as a competitor to MicroStrategy. Bitwise has reported that sovereign wealth funds are purchasing Bitcoin to preempt potential U.S. government actions, indicating a trend of nation-state interest in the cryptocurrency. This move is seen as part of a broader strategy to front-run the United States in Bitcoin accumulation. MicroStrategy's Bitcoin strategy continues to outperform, with the company being the only major stock to show positive returns over the past three months. This success is attributed to CEO Michael Saylor's focus on Bitcoin accumulation. Additionally, the Vanguard Growth Index Fund has increased its holdings in MicroStrategy, now owning around $1 billion in Bitcoin exposure. The Bitcoin market is also witnessing a supply squeeze, with ETFs buying 10 times more Bitcoin than is being produced, and exchange supply at its lowest since 2018. This situation is compounded by 87.3% of the Bitcoin supply being in profit. Bitcoin's hashpower is expected to reach 1 Zettahash per second by July, indicating a more secure and resilient network.