Bitcoin Rebounds Near $110,000 After Weekend Dip; Trump's Tariff Threats Impact Crypto Market
Key Takeaways
- Bitcoin rebounds to around $110,000 after dipping to $108,600 due to tariff concerns.
- Pakistan allocates 2,000 MW to Bitcoin mining, utilizing surplus energy from coal plants.
- Strategy bought 4,020 BTC for $427.1M, now holds 580,250 BTC worth over $40.6B.
- Trump media group plans a $3B crypto investment.
- H100 Group invests in Bitcoin; stock rises 40%.
Top Stories
Bitcoin rebounds to around $110,000 after weekend dip
On 2025-05-26, Bitcoin rebounded to just under $110,000, recovering from a weekend sell-off that saw it dip as low as $108,600. The initial drop was triggered by U.S. President Donald Trump’s tariff threats on the European Union (EU).
Bitcoin's price impacted by Trump's EU tariff threats
On 2025-05-26, Bitcoin's price was impacted by Trump's threats of tariffs on EU goods, causing it to plunge from above $111,000 to as low as $108,600 over the weekend. However, gains in the crypto market were spurred by the Trump administration's temporary walkback on EU tariffs, delaying the implementation of 50% tariffs on EU goods until July 9, reinforcing the belief that the worst is over, according to Jeff Mei, COO at BTSE.
Pakistan allocates 2,000 MW to Bitcoin mining
On 2025-05-26, Pakistan announced it is allocating 2,000 megawatts of electricity to support bitcoin mining and artificial intelligence data centers, utilizing surplus energy from coal-fired power plants. The Pakistan Crypto Council is spearheading this initiative.
Strategy buys 4,020 BTC for $427.1 million
Between 2025-05-19 and 2025-05-25, Strategy purchased 4,020 BTC for $427.1 million, funded through three different at-the-market programs. As of 2025-05-26, the firm now holds 580,250 BTC, purchased for over $40.6 billion.
Trump media group plans $3B crypto investment
Reported on 2025-05-26, Trump media group plans to raise $3 billion to spend on cryptocurrencies.
H100 Group invests in Bitcoin, stock rises 40%
On 2025-05-26, it was reported that H100 Group AB, a Swedish health technology company, has invested in bitcoin, purchasing 4.39 bitcoin for approximately $475,000–$492,000, at an average price of around $108,000 per coin. This led to a 40% rise in H100’s stock price.
Adoption News
DDC Enterprise starts Bitcoin strategy with 21 BTC purchase
H100 Group plans convertible loan facility for Bitcoin
On 2025-05-26, it was announced that H100 Group’s new “Bitcoin Treasury Strategy” includes a Letter of Intent (LOI) to set up a convertible loan facility of up to 10 million SEK with an undisclosed investor.
H100 Group raises $2.21M led by Adam Back
On 2025-05-26, it was reported that H100 Group has raised 21 million SEK ($2.21 million) through a convertible round led by Blockstream founder and CEO Adam Back.
Market Pulse
Coinbase sees $878.9 million Bitcoin transaction volume
On 2025-05-26, U.Today reported that $878,917,974 in Bitcoin transaction volume impacted Coinbase, the largest US crypto exchange.
Renewed demand for Bitcoin topside exposure: 130K calls
On 2025-05-26, QCP Capital noted a renewed demand for topside exposure, with 1,000 contracts of the September 130K BTC call being swept up.
10x Research suggests bearish bet on MicroStrategy (MSTR)
On 2025-05-26, 10x Research suggests a bear put spread strategy on MicroStrategy (MSTR), anticipating a price drop to $300 or lower by 2025-06-27, due to its price divergence from Bitcoin. The report, published on 2025-05-26, notes that MSTR's stock price has recently diverged from the upward-trending BTC price.