On May 29, 2025, Trump Media & Technology Group (TMTG) announced plans to raise $2.5 billion to build a large bitcoin treasury, involving a $1.5 billion common stock sale and $1.0 billion in convertible senior secured notes, expected to close by the end of May. Trump Media CEO Devin Nunes stated that investing in Bitcoin is a key part of the company's long-term strategy, aiming to create synergies across platforms like Truth Social and Truth.Fi.

On May 29, 2025, Nigel Farage announced at the Bitcoin Conference in Las Vegas that Reform UK will accept donations in Bitcoin and other cryptocurrencies and plans to introduce a cryptoassets and digital finance bill to cut capital gains tax on cryptoassets from 24% to 10%. Reform UK's crypto legislation would include a “bitcoin digital reserve in the Bank of England”. Reform UK also announced it would become the first European political party to accept crypto donations.

On May 29, 2025, Block's Bitcoin product lead Miles Suter said at Bitcoin 2025 in Las Vegas that Square is earning a yield of 9.7% on its bitcoin holdings through running a node on the Lightning network and sees the layer-2 as fundamental to its plans to accelerate BTC payments adoption. Square is piloting Lightning-based payments at Bitcoin 2025 with plans for a rollout to all eligible Square sellers in 2026.

Reported on May 29, 2025, Bitcoin options worth over $10 billion are set to expire on May 30, 2025, at 08:00 UTC on Deribit, making the $95,000 to $105,000 range a critical zone for potential volatility. A total of 93,131 bitcoin monthly options contracts were due for settlement.

On May 29, 2025, Spot BTC ETFs daily net flow is $432.7 million, with cumulative net flows at $45.31 billion and total BTC holdings around 1.21 million.

On 2025-05-29, U.S. House Republicans introduced the Digital Asset Market Clarity Act, a bill to establish a regulatory structure for digital asset markets, giving the CFTC exclusive regulatory jurisdiction over digital commodity cash or spot markets and setting up registration options for crypto platforms with the CFTC and SEC.

On May 29, 2025, CoinDesk reported that Bitcoin whales (wallets holding over 10,000 BTC) are shifting from accumulation to distribution, potentially signaling a market top as BTC price consolidates between $107,000 and $109,000, remaining a few percentage points shy of its all-time high. Whale wallets had been steadily withdrawing bitcoin over the past month but this trend now appears to be reversing, with BTC being deposited back onto exchanges in two of the past three days. Entities holding 10,000 BTC or more began accumulating at the market’s April lows around $75,000 and are now reducing their holdings.

On May 29, 2025, Panama City Mayor Mayer Mizrachi, speaking at Bitcoin 2025 in Las Vegas, said he is exploring bitcoin payment options inspired by El Salvador's initiatives, including a strategic bitcoin reserve and accepting bitcoin for Panama Canal passage. Panama City has passed a bill allowing residents to pay taxes and fees using bitcoin and other cryptocurrencies.

As reported on 2025-05-29, Bitcoin has become a central economic pillar in the U.S., with investments available through 401(k)s and IRAs. A Harris poll commissioned by DCG indicates that 74% of U.S. respondents believe AI would benefit more people if it weren’t controlled by just a few big companies.

As of May 29, 2025, Bitcoin has been trading sideways after reaching record highs above $110,000 last week, and BlackRock BTC Spot ETF traders are showing a reduced appetite for upside. Market sentiment is shifting as the put-call skew for BlackRock's bitcoin ETF options has bounced to zero, indicating reduced bullish bets among market participants trading options tied to BlackRock's spot bitcoin exchange-traded fund (ETF).

Reported on May 29, 2025, Metaplanet has issued $21M in bonds to finance further bitcoin purchases.

According to DefiLlama data published on 2025-05-29, Ether's value increased by 45% in May 2025, outperforming the DeFi market (up 21%) and Bitcoin (up 13%).

On May 29, 2025, GameStop's stock slid another 6% as investors sold the news of the company's Bitcoin acquisition. The two-day decline reached nearly 20%.

On 2025-05-29, Bitcoin treasury firm Twenty One Capital raised an additional $100 million through convertible senior secured notes, bringing its total fundraise to $685 million. The notes carry a 1% coupon and are due in 2030. This is ahead of the firm's planned merger with Nasdaq-listed Cantor Equity Partners (CEP). The company will be led by Strike CEO Jack Mallers.

As of May 29, 2025, Bitcoin's dominance is at 63.71 (-0.06%). The Bitcoin hashrate (seven-day moving average) is 910 EH/s.

On 2025-05-28, U.Today published an article stating that Arkham identified More Strategy’s Bitcoin holdings.

On 2025-05-29, Peter Schiff criticized a Fed-backed Bitcoin plan, labeling it as the "most corrupt bill ever."

On 2025-05-29, Peter Schiff called the Bitcoin community a “giant cult” at the Bitcoin 2025 conference, stating that the digital asset resembles a “memecoin.” He argued that wealth generated by Bitcoin is a transfer from latecomers to early adopters, describing it as a pyramid structure. Peter Schiff pointed to central banks accumulating gold, not Bitcoin, as evidence that gold remains the true reserve asset.

On May 29, 2025, Investing.com reported Bitcoin's price was flat at $107.6k. Separately, Bitcoin briefly fell below $106,000, its lowest in nine days. BTC is up 1.15% from 4 p.m. ET Wednesday (May 28, 2025) at $108,594.41 (24hrs: -0.29%).

On May 29, 2025, Bitcoin rose after a U.S. court invalidated President Donald Trump’s tariffs and Nvidia reported upbeat earnings. Bitcoin was trading at $107,700, having reached record highs above $111,000 the previous week.

On 2025-05-29, Bitmain unveiled the Antminer S23 Hydro at the World Digital Mining Summit, scheduled for release in early 2026. The machine offers an energy efficiency of 9.7 joules per terahash (J/TH). Analysts at TheMinerMag reported that major efficiency upgrades were timed with bear markets in past market cycles.