Michael Saylor’s Strategy has purchased 705 more bitcoins for $75.1 million. The acquisition occurred between May 26 and June 1, as per an SEC filing published on June 2. The coins were bought at an average price of $106,495 each, during a week when Bitcoin dropped to an intraweek low
Bitcoin increased slightly on Saturday after the U.S. Federal Reserve Chair Jerome Powell made a speech but remained silent about the economic direction of the country. BTC recovered from a low of $103,700 and remained above $104,000, with traders now waiting to see a surge towards $105,000. Trump, Tariffs, and
The shareholders of Meta have fiercely rejected a proposal to assess whether the tech giant should accumulate Bitcoin to its balance sheet. As per the May 28 regulatory filing, a proposal named “Bitcoin Treasury Assessment” was put before shareholders, receiving 3.92 million votes in favor. It was just 0.88% of
Metaplanet has recently increased its Bitcoin treasury by purchasing 1,088 additional BTC. This acquisition raised its total Bitcoin holdings to 8,888 tokens, valued at roughly $930 million. The company spent 16.89 billion yen ($117.5 million) to buy the latest Bitcoin batch at a price of 15.5 million yen ($108,051) per
Ross Ulbricht, founder of the defunct Silk Road marketplace, has received a 300 BTC donation, valued at approximately $31.4 million, according to Lookonchain. The transaction, verified by Arkham Intelligence, occurred around 2:00 AM UTC on June 1, 2025. This sudden influx of Bitcoin has triggered intense speculation across the crypto
Paris Saint-Germain (PSG) has become the first sports club to officially include BTC as a treasury asset in its balance sheet. The announcement came at the Bitcoin 2025 conference in Las Vegas, confirming the club’s move to allocate part of its fiat reserves into Bitcoin. Bitcoin Adoption as a Treasury
The crypto assets are in an uncertain state with their unclear price movement, with the market cap slipping over 2.91%, settled at $3.32 trillion. Bitcoin, the largest asset, after multiple recovery attempts, has reached the $105K mark. Notably, BTC has stepped into the greed zone as the Fear and Greed
Since Donald Trump’s re-election campaign caught steam, the crypto market has seen some uncharacteristic volatility, especially among altcoins. The biggest among the surprises is XRP, which has surged over 350%, way above Bitcoin’s 58% gain. Bitcoin recently reached all-time peaks of about $111,000, though it had fallen below $80,000 previously
Bitcoin has maintained consolidation between $108,000 and $110,000 over recent days, even though it dropped to $106,000 now. Market analyst Kyle Chassé suggests this period may precede a larger move based on Bitcoin’s historical relationship with global monetary trends. In a thorough research, Chassé emphasized the daily price fluctuations of
A crypto brokerage company from Norway, K33, has recently raised 60 million Swedish Krona, equal to $6.2 million, to purchase and hold the largest cryptocurrency, Bitcoin. On May 28, K33 revealed that it has safeguarded financing via convertible loans and issuing new shares and warrants, which will be utilized in
