MicroStrategy’s Bold Bitcoin Bet: $765 Million Purchase Amid Legal Challenges
MicroStrategy, under the leadership of Michael Saylor, has made a significant addition to its Bitcoin treasury, purchasing $764.9 million worth of BTC between May 12 and May 18, 2025. This latest acquisition brings the company’s total holdings to 576,230 BTC, which accounts for 2.74% of Bitcoin’s total supply and is valued at over $59 billion. The announcement comes at a time when the company is facing a class action lawsuit, the details of which remain undisclosed. Despite the legal challenges, MicroStrategy continues to demonstrate its unwavering confidence in Bitcoin’s long-term value proposition. As of May 20, 2025, the price of Bitcoin stands at 105,326.05 USDT, reflecting the ongoing volatility and potential of the cryptocurrency market.
MicroStrategy Expands Bitcoin Holdings with $765 Million Purchase Amid Legal Challenges
MicroStrategy, led by Michael Saylor, has bolstered its Bitcoin treasury with a $764.9 million purchase, acquiring 7,390 BTC between May 12 and May 18. The firm’s total holdings now stand at 576,230 BTC, representing 2.74% of Bitcoin’s total supply and valued at over $59 billion.
The announcement coincides with a class action lawsuit filed against the company, though details remain undisclosed. MicroStrategy continues to double down on its bitcoin strategy, undeterred by legal headwinds.
Arthur Hayes Predicts Altseason Triggered by Bitcoin Surpassing $110,000
Bitcoin’s repeated all-time highs have yet to ignite a broad altcoin rally, leaving investors questioning the timing of the next altseason. Arthur Hayes, former BitMEX CEO, asserts that the true altcoin surge will commence only after Bitcoin breaches $110,000 and approaches $200,000—a scenario he anticipates by summer or early Q3.
Historical patterns suggest capital rotates from Bitcoin to altcoins during such parabolic moves. Hayes’ outlook implies patience: altseason isn’t canceled, merely deferred until Bitcoin’s dominance reaches a tipping point. The delayed performance of major altcoins against their prior cycle peaks underscores this divergence.
Bitcoin Tests Resistance While Ruvi AI Gains Traction with Traders
Bitcoin hovers NEAR $103,260 as institutional adoption accelerates and supply tightens. Analysts project a 2025 target exceeding $160,000, reinforcing its market dominance.
Meanwhile, Ruvi disrupts the blockchain space with its decentralized AI superapp. The platform merges scalable AI with blockchain infrastructure, targeting fintech, marketing, and enterprise solutions. Early adopters are drawn to its 100% bonus incentive, signaling growing competition for trader attention.
Best Crypto Presale to Buy Ahead of a Potential $1M Bitcoin Cycle
Arthur Hayes, co-founder of BitMEX, forecasts Bitcoin could surge to $1 million by 2028, citing macroeconomic catalysts such as U.S. Treasury devaluation and capital repatriation. The prediction underscores a transformative phase for digital assets, with institutional interest accelerating.
Emerging projects like Dawgz AI, blending artificial intelligence and blockchain, are attracting presale attention as the market anticipates exponential growth. Strategic early investments may offer outsized returns if Hayes’ bullish thesis materializes.
Bitcoin Surges to $106K Amid High-Risk Market Signals
Bitcoin’s price has skyrocketed to $106,000, pushing 97% of its circulating supply into profit territory. Glassnode data confirms the cryptocurrency has entered a euphoric phase, historically associated with heightened volatility and potential corrections.
ETF and options markets remain robust, with accelerating open interest and volatility pricing. However, weakening spot and futures activity, coupled with cooling netflows, suggest growing market fatigue. The ETF market’s elevated MVRV ratio indicates substantial unrealized profits that may soon face profit-taking pressure.
