Strategy, previously known as MicroStrategy, has purchased an additional 13,390 Bitcoin for approximately $1.34 billion, bringing the company’s total holdings to 568,840 coins valued at over $59 billion, according to a May 12 SEC filing.
With this addition, Strategy stays among the biggest Bitcoin holders, keeping its focus on consistent growth during calmer market phases.
The Next Big Money Move
After Bitcoin jumped over $105,000 yesterday, hitting its peak for the day, more people started looking for ways to get involved. While big companies are buying in, regular investors are also thinking about how to build their own Bitcoin stash without too much hassle.
A practical way to get started is learning how to buy Bitcoin with a credit card. Since more platforms now support this option, it’s become a quick and convenient way to get involved, whether you’re just starting or adding to your existing portfolio.
Still, with interest in crypto on the rise, some investors are also considering options that work without daily involvement.
Capital Flow Stays Positive as the Community Bets on Crypto
Despite a recent drop of 2.6% in the past 24 hours, the market cap currently stands at $2.01 trillion, showing that interest in Bitcoin remains strong. Even though prices are moving up and down, daily inflows continue to stay above $1 billion, which signals that confidence in the market is holding steady.
The new trade deal between the U.S. and China, which includes cutting tariffs from 145% to 30% on one side and from 125% to 10% on the other, is partly behind the renewed confidence.
As part of the deal, both sides have committed to maintaining a dialogue on economic and trade issues, directed by He Lifeng, Scott Bessent, and Jamieson Greer. The goal is to keep communication open and work through any economic challenges that come up.
Markets reacted well to the news, pushing the yuan up first, followed by a rise in the dollar. Many traders saw it as a sign that relations between the two economies were improving, which could support global stability.
Analysts pointed out that this change reflects a more optimistic economic outlook after months of uncertainty.
Crypto didn’t stay quiet either. Bitcoin made a strong move back to levels not seen since the start of the year, making it clear that the more positive economic outlook is pushing people back toward assets they see as having growth potential.
McGregor Calls Bitcoin the Money of the People
Famous MMA fighter Conor McGregor recently took to X, sparking discussions about Bitcoin by calling it “immutable people’s money” and questioning which cryptocurrencies could help bring government accountability. His post drew quick responses from prominent figures in the crypto world, reflecting just how much his statement resonated.
Among those who joined the conversation were Cardano founder Charles Hoskinson and Stephen Cole, co-founder of Bitcoin Treasury solution Orqestra. Hoskinson kept it simple, suggesting a chat with McGregor, while Cole made a stronger point, stating that Bitcoin is the only cryptocurrency truly decentralized enough to withstand external pressures.
He argued that most other tokens are more like companies than commodities, often controlled by small groups who stand to gain the most.
This kind of criticism didn’t seem to bother McGregor, though. In fact, his willingness to challenge mainstream narratives has been a big part of his public persona, both in sports and now in politics.
After keeping people guessing for a while, he officially entered the race for the Irish presidency, with November as the goal. It wasn’t long after his high-profile visit to the White House on St. Patrick’s Day, where he stood next to Trump and backed calls for tighter immigration rules.
The move made people think about how his political chances might be shaped by his radical stance, especially given Ireland’s more socially liberal environment.
Should his campaign take off, he could embrace a more crypto-positive approach, potentially linking up with Trump’s business circle. He’s already shown some enthusiasm for digital assets, launching his own meme coin, REAL, in April.
Despite the initial hype, the project flopped, missing its $1 million pre-sale target by 61%, leading to a suspension and a refund for all presale investors. The REAL project’s website now mentions plans for a relaunch, allowing users to register for updates.
Are Bitcoin Holders Facing a New Tax Reality?
Bitcoin’s staggering increase of over 600,000% since 2013 has drawn the attention of tax authorities worldwide. As its value continues to soar, more governments are exploring new methods to tax crypto holders, even when assets remain unsold.
One proposal gaining attention is the introduction of a wealth tax, which would affect Bitcoin holders even if they do not sell their assets.
Unlike capital gains taxes that apply only when assets are sold, a wealth tax imposes an annual charge on the total value of an individual’s holdings—including cash, investments, property, and other assets—after accounting for any outstanding debts.
It’s aimed at raising public funds and reducing inequality, usually focusing on those with serious profits. Some countries like Belgium, Norway, and Switzerland have included wealth taxes in their systems for a long time, while bigger economies such as the US or France have generally avoided them.
However, this trend might not last. As crypto values keep rising, some governments are starting to reconsider their stance on taxation. In late 2024, French Senator Sylvie Vermeillet suggested taxing Bitcoin gains annually, even if the assets aren’t sold, by labeling it as “unproductive”—a move that could push high-net-worth individuals to relocate to more tax-friendly places like Dubai.
For now, Bitcoin holders can only wait and see how new tax rules might impact their assets. As the value keeps climbing, it’s clear that governments are not going to ignore it.
