Trump Media Announces Plan to Create a $2.5 Billion Bitcoin Treasury
Trump Media has announced plans to create a Bitcoin treasury worth approximately $2.5 billion. The company’s CEO and chairman, Devin Nunes, described Bitcoin as “the pinnacle of financial freedom” and stated that BTC will be included in the company’s asset reserves and used for subscription payments, utility tokens, and related transactions on platforms such as Truth Social.
IMF: We Will Continue to Prevent El Salvador from Purchasing More Bitcoin
According to CoinDesk, the IMF has announced that it will continue to pressure El Salvador to halt its Bitcoin purchases. In a $3.5 billion loan agreement reached in March, the cancellation of Bitcoin’s legal tender status and the cessation of public sector purchases of BTC were conditions. However, President Bukele has stated that these purchases will continue.
El Salvador Defies IMF Rules and Buys Bitcoin Again
According to Decrypt, El Salvador’s Bitcoin Office announced that it had added 8 more Bitcoin to the country’s reserves, bringing the total to approximately 6,200 BTC. This purchase took place just hours after the IMF completed its review of the $1.4 billion loan program. The IMF demanded that the government cease increasing its crypto assets and close the state-run Chivo wallet by July. However, since the Bitcoin Office is not directly under the Ministry of Finance, daily small purchases continued. President Bukele emphasized that while Bitcoin is no longer a mandatory currency, its optional use will continue.
Michael Saylor: “If Wall Street Holds 10% of Bitcoin, the Price Will Reach $1 Million”
According to Cointelegraph, MicroStrategy founder Michael Saylor stated at the Bitcoin 2025 conference that “if Wall Street holds 10% of Bitcoin, the price will reach $1 million.”
BlackRock Executive: Bitcoin Has Higher Upside Potential Than Gold
BlackRock’s head of digital assets, Robert Mitchnick, stated at the Bitcoin 2025 event that Bitcoin has more upside potential and less downside risk compared to gold.
David Sacks: “The Future of the Financial System Is Blockchain, Bitcoin, and Crypto”
David Sacks, the White House’s director of cryptocurrency and artificial intelligence, said at the Bitcoin 2025 conference that blockchain technology will form the foundation of the future financial system.
US Senator Lummis: Trump Supports Bill to Purchase 1 Million Bitcoin
Senator Cynthia Lummis announced that Trump supports the “BITCOIN Act.” This law envisions the U.S. government purchasing 1 million Bitcoin within five years. The funds will be provided from the Federal Reserve and Treasury’s existing reserves. Additionally, it was noted that a specialized team has been established at the White House to implement legal regulations related to stablecoins, market structure, and strategic reserves.
Square Launches Real-Time Bitcoin Payments Pilot in Las Vegas
According to CoinDesk, Jack Dorsey’s company Square launched a real-time payment pilot using the Bitcoin Lightning Network at the Bitcoin 2025 conference in Las Vegas. Users can make instant payments with Bitcoin by scanning a barcode. The pilot is planned to be available to all users by 2026.
Cetus Launches Community Vote for $223 Million Attack
According to The Block, Cetus, a decentralized exchange based on the Sui ecosystem, has launched a community vote to fully compensate victims of the $223 million attack that took place on May 22. The losses are planned to be covered using protocol reserves, the token pool, and a loan from the Sui Foundation.
Starknet Launches USDC-Backed 1:1 Rune Assets
Starknet has introduced a new stable cryptocurrency called Rune, backed by 1 USDC each. Users can mint these assets on Bitcoin and redeem them at the smart contract level via Starknet’s Runes Bridge system.
Canadian Captor Capital Purchases $500,000 Worth of Bitcoin
Captor Capital announced that it has purchased 500,000 dollars worth of Bitcoin and issued 450,000 dollars worth of unsecured convertible bonds. These moves were described as innovative strategies aimed at creating additional value for the company’s shareholders. The bonds will automatically convert into equity if the company secures over 10 million dollars in equity financing or in the event of a change of control.
Net Inflows of $385 Million into Bitcoin Spot ETFs
According to SoSoValue data, there was a total net inflow of $385 million into Bitcoin spot ETFs on May 27. The highest inflow was into BlackRock’s IBIT ETF. IBIT’s total inflows reached $48.394 billion.
Net Inflows of $38.7 Million Continue into Ethereum Spot ETFs
On May 27, Ethereum spot ETFs saw net inflows of $38.7 million. The largest contribution came from BlackRock’s ETHA ETF, with $32.4 million. ETHA’s total net inflows reached $4.43 billion.
by Darkex Research – 1 min read
Click for Market Pulse news articles prepared by the Darkex Research Team.
