BTC Rally to $82K Triggers 14,600 BTC Profit-Taking as LTH SOPR Hits 1.157

Bitcoin surged to a three-month high of $82,000 (~$80.8K latest), with holders realizing record 14,600 BTC profits on May 4 and LTH/STH SOPR ratio climbing to 1.157, signaling long-term holder strength amid 37% April gains. Corporate treasuries diverged: American Bitcoin expanded reserves 30% to 7,300+ BTC at $36K mine cost, Block reached 9,032 BTC, Cango hit 1,057 BTC, and MicroStrategy posted 9.4% YTD return on $5B holdings. Trump Media reported $405.9M Q1 loss from $369M BTC/CRO markdowns on 9,542 BTC (avg cost $118K), while miners sold BTC for AI pivots, underscoring resilient demand despite risks.