The U.S. now holds $20.4 billion in Bitcoin, making it one of the largest known Bitcoin holders globally. It also controls $493 million in other digital assets, all acquired through legal seizures. In March, President Trump ordered the creation of a national Bitcoin and crypto reserve.
The Treasury now manages this reserve, with Bitcoin as its cornerstone asset. Trump Media raised $2.5 billion to build a Bitcoin vault. Around 50 institutions joined the deal. The company will use Crypto.com and Anchorage Digital for custody.
Donald Trump Jr. claimed that his family turned to cryptocurrency because the banks had closed their accounts with the family. This happened in 2021. He urged his father to revisit his views on Bitcoin.
Former Vice President JD Vance estimated that Bitcoin holders in America could be as high as 100 million. He was speaking at the Bitcoin 2025 conference in Las Vegas. He welcomed new laws that would support stablecoins and digital payments.
Bitcoin boom drives Circle’s $624M IPO filing
Circle has posted to go public on the New York Stock Exchange. It aims to sell 24 million shares. The IPO might bring in as much as $624 million. Major stakes are planned to be purchased by BlackRock and Ark Investment.
The SEC clarified its stance on staking. It pointed out that certain staking activities are not considered securities. This applies to both individuals and institutions operating within PoS networks. The declaration is expected to provide more regulatory clarity.
Strategy increased its holdings by 4,020 bitcoins at $427 million. The firm now has a total of 580,250 BTC, worth over $40 billion. It now holds the largest corporate Bitcoin treasury.
Tether possesses over 100,000 bitcoins and 50 tons of gold. This was confirmed by CEO Paolo Ardoino at the Bitcoin 2025 event. According to him, Tether is not interested in institutional competitors but focuses on the unbanked.
Crypto Fundraising Surges Past $1.5 Billion
Google warned of a faster quantum threat. Its researchers say new quantum methods could break encryption much sooner. The number of qubits needed jumped down from 20 million to less than 1 million.
Bitcoin’s encryption might be challenged in a shorter time span than anticipated. SharpLink Gaming secured $425 million in capital. The company will purchase Ethereum and form an ETH-centric treasury. Joseph Lubin, co-founder of Ethereum, will join the company’s board.
Fundraising took off. Strive, Matador, K33, and several others raised more than $1.5 billion for Bitcoin-related strategies. Conduit, Eternis, and others also attracted significant crypto capital.
Telegram issues a $1.5 billion bond. Cryptocurrency adoption increases. Buying by institutions, holding by governments, and strategies are ever-evolving. The change is constant.