BTC Weekly: Week 22 (2025)
Key Events from 5/25/2025-5/31/2025
Trump Media & Technology Group closed a $2.44 billion private placement on May 29, 2025, to fund a Bitcoin treasury strategy, involving 50 institutional investors and issuing 55.9 million shares and $1 billion in convertible notes, with net proceeds of about $2.32 billion to be used for Bitcoin accumulation and operations. (CryptoSlate)
Pakistan announced the establishment of a government-led Strategic Bitcoin Reserve at the Bitcoin 2025 conference, with officials stating the Bitcoin would never be sold, and plans to allocate 2,000 megawatts of surplus electricity for Bitcoin mining and AI data centers. (Unchained)