Strategy Inc. Reinforces Bitcoin Dominance with $764.9M Purchase

In a bold move underscoring its unwavering commitment to Bitcoin, Strategy Inc. (NASDAQ: MSTR) has acquired an additional 7,390 BTC for $764.9 million between May 12–18, 2025. The purchase was executed at an average price of $103,498 per bitcoin, marking a significant premium to its historical cost basis of $69,726. This latest acquisition follows last week's $1.34 billion purchase of 13,390 BTC, further solidifying the company's position as a dominant player in the Bitcoin market. With these strategic investments, Strategy Inc. continues to double down on its Bitcoin-centric approach, signaling strong confidence in the long-term value proposition of the leading cryptocurrency. As of August 10, 2025, the company's aggressive accumulation strategy highlights its bullish outlook on Bitcoin's future trajectory, despite the premium prices paid. This development is likely to resonate across the financial sector, reinforcing Bitcoin's growing acceptance as a cornerstone asset in corporate treasury strategies.

Strategy Inc. Doubles Down on Bitcoin with $764.9M Purchase

Strategy Inc. (NASDAQ: MSTR) has further solidified its dominance in the bitcoin market, acquiring an additional 7,390 BTC for $764.9 million between May 12–18. The purchase was executed at an average price of $103,498 per bitcoin—a significant premium to its historical cost basis of $69,726.

The MOVE follows last week's $1.34 billion acquisition of 13,390 BTC, underscoring the company's unwavering commitment to its Bitcoin-centric treasury strategy. Strategy now holds 576,230 BTC, valued at $40.18 billion, with its holdings yielding 16.3% year-to-date as Bitcoin surged past $104,000.

YouTube Removes Bitcoin-Focused Roxom TV, Sparking Concerns Over Crypto Content Crackdown

YouTube abruptly terminated the channel of Bitcoin education platform Roxom TV on May 14, wiping out its 2,000 subscribers without warning or explanation. The move has reignited fears of systemic suppression of cryptocurrency-related content on major platforms.

Founded in November 2024 by crypto entrepreneurs Borja and Helena Martel Seward, Roxom TV specialized in 24/7 Bitcoin news and educational streams. "We stream Bitcoin educational content. That's the 'dangerous content,'" the platform stated in a May 16 tweet after two days without human review or reinstatement.

Alex McShane, Roxom TV's Director of Bitcoin Strategy, confirmed the takedown occurred with zero prior strikes against the channel. The platform has since migrated to alternative video platform Rumble as the crypto community debates whether this represents targeted enforcement against digital asset content.

JPMorgan to Allow Clients to Buy Bitcoin, CEO Confirms

JPMorgan Chase & Co., one of the world's largest investment banks with $4 trillion in assets under management, will begin allowing its clients to buy Bitcoin. CEO Jamie Dimon confirmed the move, marking a significant pivot for the traditionally conservative institution.

The decision follows JPMorgan's recent foray into blockchain technology. Last week, the bank completed its first public transaction of tokenized treasuries in collaboration with Chainlink and Ondo Finance. This settlement served as a precursor to broader cryptocurrency adoption within the firm.

Dimon's announcement signals growing institutional acceptance of digital assets. While JPMorgan has historically expressed skepticism toward cryptocurrencies, its latest actions demonstrate a strategic shift toward blockchain-based financial products.

Bitcoin Hyper Launches Presale for Layer-2 Solution Targeting BTC Scalability

Bitcoin Hyper has entered its presale phase with ambitions to solve Bitcoin's persistent scalability challenges. The project's $HYPER token is priced at $0.0115 during the initial offering.

Designed as a dedicated Layer-2 protocol, Bitcoin Hyper proposes an 'express highway' architecture to bypass Bitcoin's congestion issues. The solution promises to reduce transaction times from typical 45-minute delays while slashing network fees substantially.

This development comes as Bitcoin continues to dominate Layer-1 activity despite its well-documented throughput limitations. The HYPER token sale represents the latest attempt to optimize the flagship cryptocurrency's utility without compromising its security model.

JPMorgan CEO Jamie Dimon Reiterates Bitcoin Skepticism While Allowing Client Access

JPMorgan Chase CEO Jamie Dimon reaffirmed his longstanding skepticism toward Bitcoin during the bank's 2025 Investor Day, declaring "I am not a fan" of the cryptocurrency. Despite his personal disdain, Dimon emphasized JPMorgan's commitment to client choice, stating the bank will facilitate Bitcoin purchases while refusing to custody the asset.

"I don't know what bitcoin itself is for, but I defend your right to smoke a cigarette. I'll defend your right to buy Bitcoin," Dimon remarked, drawing parallels between personal freedoms and speculative investments. The comments come as Bitcoin flirts with record highs, trading at six-figure valuations amid renewed institutional interest.

The Wall Street titan's contradictory stance—rejecting Bitcoin's fundamental value while enabling client exposure—highlights the growing institutional divide over cryptocurrency adoption. JPMorgan's policy mirrors competing banks balancing regulatory caution with demand for crypto services.

Bitcoin Long-Term Holders Resume Accumulation as Price Surpasses $105,000

Bitcoin's supply held by long-term investors is climbing again after a brief contraction, signaling renewed confidence among seasoned market participants. The resurgence coincides with BTC's decisive breach of the $105,000 resistance level, a psychologically significant threshold in its current bull run.

On-chain analyst Darkfost highlights this reversal in holder behavior, noting it follows two consecutive declines that had sparked distribution fears. The rebound in accumulation suggests conviction in Bitcoin's upward trajectory despite recent price volatility.