Bitcoin
Cointelegraph reports that Strategy acquired 705 Bitcoin for $75.1 million between May 26 and 30, 2025. The purchase occurred at an average price of $106,495 per coin during a week when Bitcoin dropped from $110,000 to an intraweek low of $103,400. The acquisition brings Strategy'
bitcoin
Cryptocurrency investment products recorded $286 million in net inflows during the week ending May 30, 2025, continuing a seven-week streak that brought total inflows to $10.9 billion, according to CoinShares. The weekly gains occurred despite Bitcoin dropping approximately 6% from $110,000 to an intraweek low of $103,400,
Bitcoin
Strategy co-founder Michael Saylor publicly requested an appearance on The Joe Rogan Experience podcast to discuss Bitcoin, generating excitement among cryptocurrency enthusiasts. Cointelegraph reported that Saylor responded to a fan account asking about potential guests by posting "Hey @joerogan, let's talk about Bitcoin" on May 31.
Bitcoin
Cointelegraph reports that Ross Ulbricht's auction of personal belongings generated more than $1.8 million in Bitcoin through the cryptocurrency marketplace Scarce City. The Silk Road founder, who received a presidential pardon from Donald Trump in January 2025, sold items spanning his pre-arrest life and 11-year prison sentence.
Bitcoin
US spot Bitcoin exchange-traded funds experienced their first joint outflow day in over two weeks on May 29, with 11 Bitcoin ETFs recording a combined net outflow of $347 million, according to Cointelegraph. The outflows ended a 10-trading-day inflow streak that last occurred on May 13 and represented the largest
Bitcoin
Cointelegraph reported on May 30 that Bank of Italy Governor Fabio Panetta released the central bank's annual report advocating for the digital euro as the primary tool to manage cryptocurrency risks. Panetta stated that cryptocurrency regulation alone cannot address systemic risks posed by digital assets. The governor argued
Bitcoin
Japanese investment company Metaplanet issued $21 million in zero-interest bonds on May 29, just one day after announcing a separate $50 million raise, according to Cointelegraph. The Tokyo-based firm sold bonds to Cayman Islands-based Evo Fund with each bond carrying a face value of $525,000 and maturing on November
Bitcoin
Cointelegraph reports that Ripple's newly acquired prime broker Hidden Road launched cryptocurrency swaps for institutional investors in the United States on May 28. The service allows US institutional clients to trade cash-settled over-the-counter swaps across multiple major crypto assets. Hidden Road Partners, the company's entity regulated
Bitcoin
BlackRock, the world's largest asset manager, is participating in Telegram's $1.5 billion bond sale scheduled for May 28, according to The Wall Street Journal. The crypto-friendly messaging platform is offering investors five-year bonds at a 9% yield. Existing backers including BlackRock and Abu Dhabi'
Bitcoin
Cointelegraph reports that GameStop Corp purchased 4,710 Bitcoin on May 28, 2025. The US video game and consumer electronics retailer confirmed its first Bitcoin investment through a statement posted on the company's X account. The purchase represents approximately $513 million at current Bitcoin prices. GameStop did not
Bitcoin
Cointelegraph reports that Coinbase and two executives were hit with another proposed class-action lawsuit over the crypto exchange's stock price drop following disclosure of a user data breach earlier this month. Investor Brady Nessler filed the May 22 lawsuit in Pennsylvania federal court, claiming the data breach and
Bitcoin
Hong Kong-based meal company DDC Enterprise completed its first Bitcoin purchase on May 23, acquiring 21 BTC for $2.28 million through a share issuance deal. Cointelegraph reports the NYSE-listed company exchanged 254,333 shares for the cryptocurrency as part of an ambitious three-year accumulation plan targeting 5,000 Bitcoin.
100 Reasons For Bitcoin
Nations establishing Bitcoin reserves position themselves as early adopters in the transition toward digital monetary systems, gaining significant advantages in technological leadership and global influence. Countries that integrate Bitcoin into their national reserves before widespread adoption demonstrate forward-thinking governance and attract international attention as progressive financial jurisdictions. This pioneer status
Bitcoin
Australian Senator Gerard Rennick sparked widespread controversy within the Bitcoin community on May 23, 2025, after publishing social media comments calling Bitcoin a "Ponzi scheme" and questioning its value because "you can't eat Bitcoin." The Cointelegraph reports these remarks came just one day after
Bitcoin
Pakistan has allocated 2,000 megawatts of surplus electricity exclusively for Bitcoin mining and artificial intelligence centers, according to Cointelegraph. The decision forms part of a broader digital transformation plan spearheaded by the Pakistan Crypto Council and backed by the Ministry of Finance. Finance Minister Muhammad Aurangzeb stated the move
100 Reasons For Bitcoin
Bitcoin reserves create the technical infrastructure and regulatory precedent that nations need to build decentralized public services on open blockchain networks. When governments hold Bitcoin, they develop internal expertise in cryptographic verification, distributed ledger management, and peer-to-peer network operations. These capabilities transfer directly to deploying blockchain-based identity systems, medical record