Bitcoin’s Meteoric Rise: Surging Past $110K Amid Fiscal Policy Shifts

In a landmark day for both fiscal policy and cryptocurrency markets, the U.S. House narrowly passed President Trump’s sweeping tax overhaul while Bitcoin shattered the $110,000 barrier. This dual development underscores the interplay between traditional finance and digital assets, with Bitcoin’s rally fueled by institutional demand and regulatory optimism. Below, we analyze the implications of these events and what they signal for the future of finance.

Trump’s Tax Overhaul Passes as Bitcoin Surges Past $110K

The U.S. House narrowly approved President Trump’s sweeping tax and spending bill, a MOVE poised to reshape fiscal policy. The 215-214 vote advances legislation targeting tax cuts, border security, and energy dominance—a package hailed as "generational" reform by supporters.

Meanwhile, Bitcoin’s rally accelerates, breaching $110,000 amid institutional demand and regulatory tailwinds. The cryptocurrency’s unstoppable ascent reflects deepening market confidence, with macroeconomic uncertainty and fiscal stimulus fueling its appeal as a hedge asset.

Strategy Announces $2.1 Billion Stock Offering to Bolster Bitcoin Treasury

Strategy (Nasdaq: MSTR), the business intelligence firm now widely recognized for its aggressive Bitcoin accumulation strategy, has unveiled a new $2.1 billion "at-the-market" program. The company plans to sell shares of its 10.00% Series A Perpetual Strife Preferred Stock (STRF) to fund further Bitcoin purchases, reinforcing its position as a corporate leader in cryptocurrency adoption.

The offering will be executed gradually, with timing contingent on market conditions. Proceeds are earmarked for general corporate purposes, prominently including bitcoin acquisition—a continuation of Strategy’s high-conviction bet on the digital asset’s long-term value proposition.

Bitcoin Surges to New All-Time High Amid Uncharacteristic Market Calm

Bitcoin breached the $111,000 threshold on May 22, 2025, setting a fresh record in a market environment devoid of the speculative frenzy that typically accompanies such milestones. The crypto queen’s ascent unfolded with eerie tranquility—no leverage-fueled euphoria, no retail FOMO, just steady institutional accumulation.

This divergence from historical patterns suggests a structural shift: price discovery is now driven by spot demand and ETF flows rather than derivatives markets. Veteran traders note the absence of liquidations and funding rate spikes—hallmarks of previous cycles—as evidence of a maturing asset class.

Bitcoin Surpasses Taiwan Dollar, Sets New Market Record

Bitcoin has eclipsed the Taiwan Dollar in market capitalization, securing its position as the eighth-largest currency globally. With a market cap exceeding $2.18 trillion, Bitcoin now outpaces Taiwan’s monetary base and inches closer to the Hong Kong Dollar.

The milestone underscores Bitcoin’s growing influence in global finance, drawing heightened interest from institutional and retail investors. Analysts note Bitcoin may have already overtaken the Hong Kong Dollar by market cap, though official rankings lag behind real-time valuations.

This ascent places Bitcoin ahead of multiple fiat currencies, signaling a paradigm shift in monetary hierarchies. The cryptocurrency’s trajectory continues to challenge traditional financial benchmarks.

Metaplanet Stock Undervalued Despite Bitcoin Surge – Says Investor Richard Byworth

Metaplanet, Japan’s sole significant stock market play on Bitcoin, continues to attract attention as investor Richard Byworth asserts its undervaluation. Trading at $10.82 per share in its U.S. OTC version (MTPLF), the stock commands just over 5 times its net asset value based on Bitcoin holdings. This contrasts sharply with MicroStrategy (MSTR), a U.S. counterpart, which trades at 1.75 times its Bitcoin value.

The disparity highlights Metaplanet’s potential upside as Bitcoin gains traction. Short sellers are increasingly active, yet the stock’s resilience underscores broader institutional interest in crypto-linked equities.