Dell’s Bitcoin Rejection Highlights Institutional Hesitancy Despite Macro Uncertainty

Dell Technologies has rejected a shareholder proposal to include Bitcoin in its treasury reserves, a decision backed by the SEC. The proposal, advocated by the National Center for Public Policy Research, highlighted Bitcoin’s potential as an inflation hedge amid growing macroeconomic instability. This move underscores the persistent reluctance among traditional institutions to embrace cryptocurrency, even as Bitcoin’s role as a store of value gains recognition. The rejection reflects broader institutional skepticism, despite increasing macroeconomic pressures that could otherwise drive adoption. While the crypto community continues to advocate for Bitcoin’s inclusion in corporate treasuries, Dell’s decision signals that widespread institutional acceptance may still be a distant goal. The SEC’s endorsement of the rejection further emphasizes regulatory challenges facing crypto integration into traditional finance. As of May 2025, the debate over Bitcoin’s place in institutional portfolios remains unresolved, with Dell’s stance serving as a notable example of the ongoing hesitancy.

Dell Rejects Bitcoin Treasury Proposal Amid SEC Backing

Dell Technologies has firmly declined a shareholder proposal to incorporate bitcoin into its treasury reserves, with the SEC endorsing the decision. The proposal, advanced by the National Center for Public Policy Research, argued Bitcoin’s merit as an inflation hedge amid rising macroeconomic uncertainty.

The rejection underscores lingering institutional hesitancy toward crypto adoption, despite growing recognition of Bitcoin’s store-of-value properties. Dell’s conservative stance reflects broader corporate caution, even as inflation pressures mount.

UK’s First FCA-Regulated Crypto Derivatives Trading Venue GFO-X Debuts in London

GFO-X has launched the UK’s first Financial Conduct Authority-regulated crypto derivatives platform, marking a significant milestone for institutional digital asset trading. The venue executed its inaugural trade between Virtu Financial and IMC, cleared through LSEG’s DigitalAssetClear service for Bitcoin index derivatives.

Major financial institutions including ABN AMRO, Nomura and Standard Chartered are providing clearing support, signaling strong institutional backing. This follows the FCA’s March 2024 reversal of its crypto derivatives ban for professional investors - a regulatory shift that prompted the London Stock Exchange to begin accepting applications for crypto-related products.

Bitcoin’s Bullish Trend: $90K Support Paves Way for $146K Surge

Bitcoin maintains a robust bullish trajectory, with its $90,000–$93,000 support zone emerging as a critical foundation for future gains. Analysts highlight Fibonacci extension targets at $124,147 and $146,303 as pivotal resistance levels, suggesting the potential for a macro rally.

Institutional demand for Bitcoin continues to climb, compounded by growing retail participation. This convergence of interest sets the stage for a sharp upward price movement in the NEAR term.

Technical analysis from ROSE Premium Signals underscores Bitcoin’s optimistic structure, contingent on maintaining above the $90K threshold. Market watchers anticipate heightened volatility as these key levels come into play.

Jefferies’ Crypto Ascent: From MicroStrategy Bet to Digital Assets Powerhouse

Jefferies Group’s emergence as a dominant force in crypto investment banking traces back to a pivotal 2019 decision. When MicroStrategy, then a $2 billion software firm, sought Wall Street backing for its unprecedented Bitcoin treasury strategy, traditional bulge bracket banks balked. The midsize investment bank seized the opportunity, facilitating what WOULD become a watershed moment for corporate Bitcoin adoption.

Michael Saylor’s relentless accumulation strategy—executed through Jefferies’ capital markets expertise—transformed MicroStrategy into an $111 billion Bitcoin proxy. The firm’s success ignited a corporate treasury trend that now sees Jefferies advising Fortune 500 companies on digital asset strategies. Where Wall Street giants once hesitated, the bank now commands a first-mover advantage in blockchain capital markets.

Today’s crypto landscape bears Jefferies’ fingerprints. The bank’s early embrace of Bitcoin treasury allocations foreshadowed institutional adoption cycles now playing out across TradFi. Its full-service digital assets division stands as testament to the foresight behind that initial MicroStrategy mandate—a calculated risk that redefined both the bank’s trajectory and corporate finance paradigms.

Bitcoin Breaks Past $100,000—Will FOMO Propel It to $120,000?

Bitcoin surged past the $100,000 milestone on May 9, 2025, igniting a wave of optimism across cryptocurrency markets. The rally saw BTC climb from $97,200 in early Asian trading to a peak of $103,900, fueled by a combination of macroeconomic tailwinds and speculative fervor.

China’s central bank delivered a dual stimulus, cutting its one-year lending rate by 15 basis points and reducing reserve requirements by 0.5 percentage points. The MOVE injected an estimated $100 billion of liquidity into global markets—the first easing since December 2024—as Beijing aims to stabilize its economy and asset markets.

Traders are now watching whether the psychological barrier breach triggers a FOMO-driven push toward $120,000. The rally comes amid conflicting signals: fresh liquidity supports risk assets, while record bearish bets and steady U.S. rates create headwinds.