<h2>Record-Breaking Bitcoin Accumulation by Strategy</h2>Strategy has intensified its&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">Bitcoin</a> acquisition,&nbsp;<a href="https://x.com/saylor/status/1921898712801874273">purchasing</a> an additional 13,390&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">BTC</a> for approximately $1.34 billion at an average price of $99,856 per coin, according to Executive Chairman Michael Saylor.&nbsp;<figure class="image"><img alt="Screenshot_1.png" src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/Screenshot_1_efb6fdd59c.png"></figure>The acquisition boosts the firm’s total holdings to 568,840 BTC, acquired for about $39.41 billion at an average cost of $69,287 per BTC as of May 11, 2025. Saylor emphasized the company’s impressive 15.5% bitcoin yield year-to-date, underscoring the strategic returns generated through its substantial crypto holdings.Despite Bitcoin trading near the $104,000 range, it seems that Strategy remains unfazed by market highs, maintaining its relentless accumulation strategy. Saylor has previously emphasized the belief that one BTC equals one BTC regardless of market valuation.&nbsp;<figure class="image"><img alt="Screenshot_2.png" src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/Screenshot_2_6eb4b55a6c.png"></figure>The firm’s ongoing acquisition strategy, leveraging equity and debt to finance purchases, has positioned it as the largest corporate holder of the cryptocurrency, a move closely watched by both institutional investors and crypto market participants.With the latest purchase, Strategy continues to dominate the&nbsp;<a href="https://coin360.com/">crypto price</a> index, setting a precedent in the market for corporate bitcoin adoption. Amid geopolitical tensions and rising institutional interest, the firm’s aggressive acquisition strategy not only solidifies its position in the coin&nbsp;<a href="https://coin360.com/glossary/market-capitalization">market cap</a> rankings but also reinforces its reputation as a bellwether for corporate crypto investment strategies.This article has been refined and enhanced by ChatGPT.

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Bitcoin robot releasing swirling coins under pastel twilight sky.webp

Strategy Expands Bitcoin Holdings Amid Market Strength

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Coin360 Weekly Dispatch | Crypto Market Updates & Highlights | May 4 - May 10, 2025

<h2>Strategic Share Issue to Raise Funds for Hilbert Group’s Expanding Operations</h2>Hilbert Group AB, the Swedish quantitative investment firm specializing in algorithmic trading in digital asset markets, has&nbsp;<a href="https://hilbert.group/en/hilbert-group-ab-publ-announces-its-intention-to-carry-out-a-directed-share-issue-in-the-amount-of-sek-20-million/">announced plans</a> to initiate a directed share issue of SEK 20 million through a bookbuilding procedure. The proposed share issue, set to commence on the evening of May 2 and conclude before trading opens on May 5, will involve the issuance of B-shares and will be resolved by the Board under the authority granted by the company’s 2024 annual general meeting. The outcome of the share issue will provide a clearer indication of market sentiment towards Hilbert Group’s financial strategy as it seeks to bolster its operational infrastructure and risk management capabilities amid a turbulent&nbsp;<a href="https://coin360.com/">crypto price</a> index environment.The share issue comes as Hilbert Group continues to expand its footprint in the digital asset sector through its subsidiaries, including Coin360 and Syntetika, both of which are positioned to capitalize on evolving market dynamics. The capital raised through the share issue is expected to further reinforce Hilbert Group’s capabilities in algorithmic trading, a critical component of its strategy to navigate the volatile coin&nbsp;<a href="https://coin360.com/glossary/market-capitalization">market cap</a> landscape. Investors will be closely monitoring the outcome, particularly in light of the ongoing fluctuations in the crypto price index, which has seen heightened volatility driven by macroeconomic uncertainties and regulatory developments.Hilbert Group’s management emphasized that the directed share issue is not intended as a public offering and will be restricted to qualified investors in accordance with EU Prospectus Regulation 2017/1129. The firm has also underscored the forward-looking nature of its financial projections, cautioning investors against placing undue reliance on speculative statements. With Coin360 continuing to provide comprehensive market data and Syntetika focusing on digital asset analytics, Hilbert Group’s strategic alignment in the crypto market cap sector underscores its commitment to leveraging algorithmic strategies to capture emerging opportunities while navigating ongoing market uncertainties.Potential investors are advised to consider the associated risks, as outlined in the official release, particularly given the regulatory constraints and forward-looking statements that could impact the share issue's success. The firm’s management, including CEO Barnali Biswal and Co-founder Niclas Sandström, remains available for further information, emphasizing that the share issue aligns with Hilbert Group’s broader objective of strengthening its operational infrastructure to meet the growing demands of institutional clients in the digital asset space.This article has been refined and enhanced by ChatGPT.

Robot orchestrating translucent B-shares in a pastel twilight scene

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Hilbert Group Seeks SEK 20 Million in Directed Share Issue 

<h2>Tether Launches Open-Source AI Project Featuring USDT and Bitcoin Payments</h2><a href="https://coin360.com/coin/tether-usdt">Tether</a> is launching an&nbsp;<a href="https://coin360.com/news/tether-ai-launch-blockchain-ai-peer-to-peer-network">open-source AI initiative</a> called Tether.AI, which focuses on decentralized artificial intelligence performance without reliance on cloud servers. Central to this project is the "Personal Infinite Intelligence," which allows users to maintain control and privacy over their data. Tether ai features integrated payment capabilities using&nbsp;<a href="https://coin360.com/coin/tether-usdt">USDT</a> and&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">Bitcoin</a>, enabling direct transactions for in-app services. This move aims to merge the AI and cryptocurrency sectors while appealing to developers globally to contribute and expand the platform. Although a specific launch date is not yet announced, the project signals Tether's ambition to evolve beyond&nbsp;<a href="https://coin360.com/glossary/stablecoin">stablecoins</a>.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Rumble to Launch Non-Custodial Bitcoin Wallet in Q3 2025</h2>Rumble plans to launch a non-custodial Bitcoin&nbsp;<a href="https://coin360.com/glossary/crypto-wallets">wallet</a> in Q3 2025, aimed at empowering content creators and enhancing monetization. In partnership with Tether, the wallet will support peer-to-peer transactions, including Bitcoin and USDT payments. CEO Chris Pavlovski stated the wallet intends to rival&nbsp;<a href="https://coin360.com/review/coinbase">Coinbase</a> and become a key player in crypto storage. Earlier this year, Rumble made its first Bitcoin acquisition and secured a $775 million investment from Tether. Despite a 40% decline in stock value this year, Rumble’s initiatives signal a strong commitment to reshaping creator interactions through blockchain technology.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Visa Invests in BVNK to Boost Stablecoin Payment Infrastructure</h2>Visa has invested in BVNK, a stablecoin payment infrastructure provider, following BVNK's $50 million Series B funding round led by Haun Ventures. BVNK processes $12 billion annually and is expanding into the US with new offices in San Francisco and New York. Visa's investment signifies its commitment to incorporating stablecoins into mainstream global payment systems. By partnering with BVNK, Visa aims to enhance the adoption of stablecoin payments. This investment is part of Visa's broader strategy to integrate stablecoin technology across its network, including recent collaborations with other startups to enable stablecoin-linked Visa cards.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Revolut Integrates Lightning Network for Faster Bitcoin Transactions with Lightspark Partnership</h2>Revolut enhanced its Bitcoin payment capabilities by integrating the Lightning Network through a partnership with Lightspark, enabling fast, low-cost transactions. This rollout serves users in the UK and select European Economic Area countries, leveraging Lightspark’s MoneyGrid system, which connects over 300 million users in 140+ countries for optimized cross-border payments. The integration allows near-instant settlements, giving Revolut a competitive edge over traditional banks. Lightspark's CEO, David Marcus, highlighted the initiative as a step towards a modern financial grid, facilitating advancements in crypto payments and reinforcing Revolut’s position in the global fintech landscape.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Steak ‘n Shake to Accept Bitcoin Nationwide from May 16</h2>Steak ‘n Shake will begin accepting Bitcoin at all U.S. locations starting May 16, marking a significant move for crypto adoption in the fast-food industry, which has struggled with high margins. With over 100 million customers set to gain access, this rollout represents one of the rare full-scale implementations of cryptocurrency in fast food, differing from previous pilot programs by other chains. The integration follows a strong social media campaign and engagement from notable figures like Jack Dorsey. Unlike Starbucks and Chipotle, which use conversions to fiat, Steak ‘n Shake's approach could test Bitcoin's real-world usability and speed.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Wellgistics Integrates XRP for Fast, Cost-Effective Payments in Healthcare Supply Chain</h2>Wellgistics, a Florida-based pharmaceutical distribution company, has announced its integration of&nbsp;<a href="https://coin360.com/coin/xrp-xrp">XRP</a> for real-time payments and treasury management, becoming a pioneer in the healthcare supply chain. This initiative promises to modernize payment systems for pharmacies and suppliers, offering faster transaction speeds—3 to 5 seconds—and lower fees, averaging under one cent, compared to traditional wire transfers that take days and cost up to $30. Wellgistics has secured a $50 million expandable line of credit to support this integration and plans to explore programmable liquidity and on-demand payment systems, enhancing blockchain adoption in the medical supply sector.This article has been refined and enhanced by ChatGPT.

Robot surrounded by XRP tokens, symbolizing Wellgistics healthcare payments

Robot surrounded by XRP tokens, symbolizing Wellgistics healthcare payments.webp

Payment Initiatives Weekly Recap: Tether AI, Steak ‘n Shake Bitcoin Push, XRP in Healthcare, and More

<h2>US SEC Considers Tokenization Exemption for Companies, Signal Shift in Crypto Regulation</h2>The US SEC is considering a proposal to allow companies to tokenize securities using blockchain technology, as indicated by Commissioner Hester Peirce. This potential exemption aims to foster innovation in capital markets by permitting the use of distributed ledger technology for issuing and trading securities. A roundtable discussion on this topic is scheduled for next week. The SEC's recent softer stance on crypto-related lawsuits may indicate a shift towards a more flexible regulatory framework, which could benefit various digital assets and pave the way for more crypto ETFs. Industry players are closely monitoring these developments.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Florida Halts Bitcoin Reserve Bills amid Nationwide Slowdown in Crypto Initiatives</h2>Florida has withdrawn two key bills, House Bill 487 and Senate Bill 550, aimed at establishing a Strategic&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">Bitcoin</a> Reserve (SBR), amid a nationwide slowdown in similar initiatives. Although the bills, which had bipartisan support, stalled in early legislative hearings, discussions may continue through budget negotiations. Florida's retreat follows Arizona's veto of a comparable proposal, with at least eight states halting similar efforts. Currently, 19 states are considering SBR-related legislation, with 36 bills under discussion. In contrast, President Trump has pushed for a national Bitcoin reserve, though industry experts express skepticism regarding its feasibility.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Bitcoin Soars Past $100K as Arizona, Oregon, and New Hampshire Enact Key Crypto Laws</h2>Bitcoin's price surge past $100,000 on May 8, 2025, was significantly influenced by rapid regulatory developments, as Arizona, Oregon, and New Hampshire enacted major crypto laws, establishing greater clarity and acceptance for Bitcoin. Arizona's House Bill 2749 created a Bitcoin Reserve Fund managed by the state, while Oregon's amendment to the Uniform Commercial Code recognized digital assets, facilitating their use in transactions. New Hampshire became the first U.S. state to legislate Bitcoin reserves for treasury purposes, enhancing legal framework around digital assets. These legislative advancements signal growing governmental support for cryptocurrencies, boosting investor confidence in the market’s regulatory environment.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Missouri Becomes First U.S. State to Exempt Capital Gains Tax on Crypto Transactions</h2>Missouri has passed legislation to eliminate the personal capital gains tax on crypto transactions, becoming the first state in the U.S. to do so. The bill, supported solely by Republicans, aims to encourage trading and long-term holding of digital assets while potentially costing the state $430 million in income for the fiscal year and $340 million annually thereafter. Democrats argue it primarily benefits high-income earners, with 54% of 2022's $13.3 million in capital gains coming from individuals earning over $1 million. Corporate capital gains will remain taxable until at least 2030, alongside other states moving towards increased capital gains taxation.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Trish Turner Takes Over IRS Crypto Unit Amid New Pro-Crypto Administration</h2>Trish Turner has been appointed to lead the IRS's digital assets unit, following the departure of Sulolit Mukherjee and Seth Wilks, who co-led the unit for just over a year. Turner, a veteran IRS official with over two decades of experience, previously served as a senior advisor in the unit. Her appointment comes as the new Trump administration adopts a pro-crypto stance, including the creation of a cryptocurrency working group and repealing a controversial crypto tax rule. This shift may prompt the IRS to adjust enforcement and reporting requirements to better support the growing crypto industry.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Senators Demand DOJ Review Trump’s Ties to Binance Amid Regulatory Concerns</h2>A group of Democratic senators has raised concerns about President Donald Trump's ties to&nbsp;<a href="https://coin360.com/review/binance">Binance</a> and the potential for conflicts of interest regarding cryptocurrency regulation. They requested DOJ and Treasury reports on Binance's compliance with a November 2023 plea agreement, where it paid over $4 billion. Trump's connections include launching a successful memecoin and leveraging stablecoin partnerships. Coincidentally, the Senate blocked a crucial stablecoin bill, the GENIUS Act, with concerns of Trump using executive powers for personal gain. Approximately 40% of Trump's net worth is linked to crypto, while Binance's former CEO, Zhao, has sought a presidential pardon.This article has been refined and enhanced by ChatGPT.

Robot dodges IRS gavel, symbolizing pro-crypto leadership change at IRS

Strategy Expands Bitcoin Holdings Amid Market Strength

Record-Breaking Bitcoin Accumulation by Strategy

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