Holy moly! If investors realize what this mean, the price will go up to new highs.
This is the first news / press release I have read where a big company confirmed to directly invest to buy crypto tokens.
Is this why price is spiking at the moment?
Again above 4.5 usd
Or just big whales manipulating market

An iota whale can only really bring the price down. You would need a fiat or BTC whale to manipulate the price upwards.