Strategy Buys 4,020 Bitcoin for $427mn, Bringing Total Stash to Over 580,000 BTC.

Strategy Buys 4,020 Bitcoin for $427mn, Bringing Total Stash to Over 580,000 BTC.

Strategy has acquired an additional 4,020 bitcoin for roughly $427 million, pushing its total holdings to 580,250 BTC, the company said.

At an average purchase price of $106,237 per coin for the latest tranche, the firm’s total bitcoin investment now stands at $40.61 billion with an average purchase price of $69,979.

The latest acquisition was funded through three ongoing at-the-market (ATM) equity programs, according to a press release.

Between May 19 and May 25, Strategy sold 847,000 shares of its common stock (MSTR) for $348.7 million, 678,970 shares of STRK preferred stock for $67.9 million, and 104,423 shares of STRF preferred stock for $10.4 million.

VivoPower Raises $121mn To Create XRP Treasury.

Nasdaq-listed VivoPower has achieved a major milestone by becoming the first public company to create an XRP-focused Treasury. To kickstart this initiative, the company has already raised up to $121 million, which it will use to acquire the altcoin.

The company made this announcement while noting that the altcoin could be one of the five digital assets that the US government will accumulate as part of the Strategic Bitcoin Reserve and Digital Asset Stockpile that Donald Trump announced months ago.

GameStop Shares Sink 13% After BTC Purchase.

Shares of video game and collectibles retailer GameStop dropped nearly 13% after the company announced its first Bitcoin purchase, triggering a classic sell-the-news reaction.

The company announced the purchase of 4,710 Bitcoin valued at roughly $513 million on May 28. GameStop confirmed plans to create a BTC treasury strategy on March 26, following months of investor speculation and rumors that it would begin accumulating the cryptocurrency.

GameStop’s move to adopt Bitcoin as a treasury reserve asset reflects a growing trend among companies turning to Bitcoin to safeguard cash reserves or reposition themselves as Bitcoin acquisition vehicles.

European Crypto Firm K33 Raises $6.2mn For Bitcoin Buys.

Norwegian crypto brokerage firm K33 plans to join the growing number of public companies buying up Bitcoin after raising $6.2 million to buy and hold the cryptocurrency.

K33 said on May 28 that it secured financing through convertible loans and a new issue of shares and warrants, which “will be used in full to acquire Bitcoin in order to establish the Bitcoin Treasury Strategy.”

Pakistan to Establish a Bitcoin Strategic Reserve, Allocate 2000 Megawatts of Energy for Crypto Mining.

The government of Pakistan has plans to establish a strategic bitcoin reserve and support bitcoin mining, the country’s Minister of State for Blockchain and Crypto Bilal Bin Saqib announced at Bitcoin 2025 in Las Vegas on Wednesday.

He also said that the government of Pakistan was following the U.S.’s push for stablecoin legislation, the GENIUS Act, “very carefully.”

In addition to setting up a strategic reserve, Bin Saqib announced that the government of Pakistan has earmarked 2,000 megawatts of electricity for bitcoin mining and AI data centers.

Musk’s xAI Pencils $300mn Deal With Telegram For Grok Integration.

Elon Musk’s artificial intelligence company xAI has “agreed in principle“ to integrate its AI chatbot Grok across Telegram, says the messaging platform’s CEO, Pavel Durov.

Durov said in a May 28 X post that he and Musk agreed to a one-year partnership for Telegram to distribute Grok across Telegram and integrate it into its apps.

As part of the agreement, Telegram will receive $300 million in cash and equity from Musk’s AI company, in addition to 50% of revenue from xAI subscriptions sold via Telegram, the CEO noted.

On the back of this development, Toncoin is up over 12% on Friday, May 29.

Solana Secures $1bn Institutional Boost and Unveils First Public Liquid Staking Strategy.

Solana received a major institutional boost this week as Sol Strategies filed to raise up to $1 billion for direct investment, while DeFi Development Corp. became the first public company to adopt Solana-based liquid staking tokens

The dual announcements highly showcase a growing institutional confidence in Solana’s technical infrastructure, particularly its validator network and staking capabilities. With increased support from regulated, publicly traded entities, Solana may be entering a new era of adoption.

Trump Dinner Coin Soars 15,000% Despite Flop Dinner.

Donald Trump hosted a black-tie gala at his Virginia golf club to honor 220 top investors of his $TRUMP meme coin, who collectively poured in $148 million.

Guests received gemstone-encrusted watches, but some criticized the event’s subpar food and limited drinks.

Attendee Pinto said Trump made only a brief appearance, skipped personal interactions, rehashed old crypto lines, and left by helicopter.

Despite the lackluster experience, the Trump Dinner Coin—launched on May 20 tied to the VIP event—skyrocketed 15,000% in just 7 days.

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