🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
Big Bitcoin Bets Pay Off for Strategy as Coinsilium Joins the Race
Strategy's $59.2B Bitcoin stash signals institutional confidence but draws legal fire over alleged investor misinformation.
Coinsilium enters the Bitcoin treasury race with a £1.25M raise as Strategy faces volatility risks and regulatory scrutiny.
Technical indicators flash mixed signals as bearish MACD contrasts with oversold CRSI, hinting at a possible short-term BTC rebound.
Strategy has aggressively added to its Bitcoin holdings, acquiring 7,390 BTC for $764.9 million at an average price of $103,498. This brings its total stash to 576,230 BTC, purchased for $40.18 billion at an average price of $69,726 per coin
As of May 18, these holdings are worth over $59.2 billion, reflecting a 47% unrealized gain. Significantly, the firm has reported a 16.3% BTC yield year-to-date in 2025. However, regulatory heat is also rising. A class-action lawsuit filed in Virginia now targets Strategy’s leadership for allegedly misleading investors.
Strategy Faces Legal Hurdles Amid Bitcoin Gains
The lawsuit, filed in the U.S. District Court for the Eastern District of Virginia, names top executives including Chairman Michael Saylor. President and CEO Phong Le and CFO Andrew Kang are also listed. Plaintiffs claim violations of Sections 10(b) and 20(a) of the Securities Exchange Act. Moreover, they allege Strategy’s officials misrepresented the risks and profitability of its Bitcoin-focused operations.
Besides legal troubles, the firm’s strategy is under market scrutiny. Institutional-scale buys can stabilize BTC prices. However, such concentration creates systemic risk if major holders exit. Hence, while Strategy boosts market credibility, it also fuels concerns about potential volatility spikes.
Coinsilium Launches Bitcoin Treasury Push
Meanwhile, Coinsilium Group has jumped into the Bitcoin game with its own treasury strategy. The company raised £1.25 million in an oversubscribed placing at 3 pence per share. Funds will flow through Forza (Gibraltar) Limited, its fully-owned treasury vehicle. Additionally, retail investors can access a £250,000 offering through the Winterflood Retail Access Platform.
Executive Chairman Malcolm Palle praised the support for the initiative. Board member James Van Straten reaffirmed the company’s focus on executing its Bitcoin treasury plan with urgency and precision.
Technical Signals Hint at Caution and Opportunity
On the charts, traders are showing caution. MACD has crossed bearishly, and open interest is dipping. Consequently, some traders are reducing exposure. However, the CRSI now signals oversold conditions. Hence, a short-term bounce may be imminent.
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