BTC Weekly: Week 21 (2025)
Key Events from 5/18/2025-5/24/2025
Governor Greg Abbott posted on X about the Texas House of Representatives' passage of Senate Bill 21 with a 101-42 vote, authorizing the Texas Comptroller to invest and establish a state-managed Bitcoin reserve. (TechStory)
JPMorgan Chase, led by CEO Jamie Dimon, will enable clients to purchase Bitcoin, despite Dimon's persistent doubts, in response to increasing client demand for cryptocurrency access. (Time)
On Tuesday, May 20, 2025, Metaplanet CEO Simon Gerovich posted on X that his company was Japan’s most shorted stock at 25.84% short interest, questioning such strategies as the stock soared over 40% that day, and over 100% the next. (@gerovich)
CEO Michael Mo announced that KULR Technology, with a market cap of $355 million and a treasury of 800 BTC, has been added to the FTSE Russell 3000 Index. (@michaelmokulr)