Metaplanet Secures $21.25M in Zero-Interest Bonds to Expand Bitcoin Holdings
Tokyo-based Metaplanet has made a bold move in the cryptocurrency space by securing $21.25 million through zero-interest bond issuance, specifically to increase its Bitcoin holdings. This strategic decision highlights the firm’s strong belief in Bitcoin’s long-term value and its commitment to a crypto-centric growth strategy. By opting for interest-free financing, Metaplanet avoids additional debt burdens while aggressively pursuing its digital asset ambitions. This development reflects a growing trend among institutional players to integrate Bitcoin into their financial strategies, signaling confidence in the cryptocurrency’s future. As of May 29, 2025, Metaplanet’s move underscores the increasing institutional adoption of Bitcoin and its potential as a cornerstone of modern finance.
Metaplanet Bags $21.25M to Buy More Bitcoin
Tokyo-based Metaplanet has secured $21.25 million through zero-interest bond issuance, earmarked for expanding its Bitcoin holdings. The strategic move underscores the firm’s conviction in Bitcoin’s enduring value and its aggressive push into crypto-centric growth.
By opting for interest-free financing, Metaplanet sidesteps additional debt burdens while doubling down on its digital asset strategy. The decision reflects a broader trend of institutional adoption, where cost-efficient capital allocation meets long-term crypto exposure.
Rumble Partners with Tether to Launch Non-Custodial Bitcoin Wallet in Q3
Rumble, the video streaming platform, is set to enter the cryptocurrency space with the launch of its non-custodial bitcoin and stablecoin wallet in the third quarter of 2025. Developed in collaboration with Tether, the issuer of the world’s largest stablecoin, the Rumble Wallet aims to compete directly with established players like Coinbase Wallet.
CEO Chris Pavlovski emphasized the wallet’s focus on empowering content creators, particularly in international markets. While details remain scarce, Pavlovski has positioned the product as a challenger in the non-custodial wallet sector, with ambitions to become the dominant solution for Bitcoin and stablecoin transactions.
The MOVE signals growing convergence between social platforms and cryptocurrency infrastructure, as companies seek to monetize creator economies through blockchain technology. Tether’s involvement suggests significant liquidity integration, though technical specifications and regulatory compliance measures have yet to be disclosed.
Bitcoin Surges Past $103K as Short Sellers Face $400M Liquidation
Bitcoin’s price surged over 3% in the past 24 hours, breaching the $103,000 level and triggering a cascade of liquidations. Nearly $400 million in short positions were wiped out as the cryptocurrency reclaimed momentum after weeks of consolidation above $104,000.
The rally coincided with a $40 billion influx into spot markets, pushing the total crypto market capitalization to $1.14 trillion—the highest since March. Market participants are now repositioning as Bitcoin demonstrates renewed strength amid broad-based crypto recovery.
Rumble Set to Challenge Coinbase with New Crypto Wallet
Rumble, under its pro-crypto CEO, is making a bold entry into the digital asset space with the planned launch of its "Rumble Wallet" in Q3 this year. Developed in partnership with Tether, the wallet will support Bitcoin and stablecoins, positioning itself as a direct competitor to Coinbase Wallet.
The initiative underscores Rumble’s commitment to providing a user-friendly, secure, and freedom-centric alternative for managing crypto assets. This strategic move could disrupt the current wallet landscape, offering a fresh option for traders and holders alike.
Steak ’n Shake to Accept Bitcoin Payments Starting May 16
American fast-food chain Steak ’n Shake is making a decisive leap into cryptocurrency adoption. Beginning May 16, all U.S. locations will enable Bitcoin payments for menu items, signaling mainstream recognition of digital assets.
The company’s May 9 announcement via X (formerly Twitter) invoked crypto culture with its "Steaktoshi" signoff, targeting over 100 million customers. The rollout follows weeks of strategic social media teasers, suggesting a coordinated effort to bridge traditional retail and blockchain ecosystems.
SEC’s Bitcoin ETF Approval Process Criticized by Commissioner Hester Peirce
U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce, who heads the Crypto Task Force, lambasted the agency’s handling of Bitcoin exchange-traded fund (ETF) approvals, calling the decade-long process "terribly managed." Her remarks came during an interview on Bloomberg’s "Trillions" podcast, where she emphasized the need for clearer regulatory frameworks in the crypto space.
Peirce urged patience from the crypto community, noting that numerous parties await SEC decisions on crypto-related investment products. When questioned about whether the SEC WOULD batch pending applications, she replied, "I don’t know how these filings will be done," underscoring the uncertainty surrounding the regulatory process.
