Bitcoin News – May 28, 2025 (Short Version):

Price: ~$108,949 $BTC (up 17% YTD).

Big Buyers: Strategy Inc. owns 580,250 BTC ($64B). Trump Media plans $2.5B BTC buy.

Political Support: Trump backs Bitcoin; U.S. set up a Strategic Bitcoin Reserve with 200,000+ .$BTC

Future Price Predictions:

Bitwise: $200K by end of 2025

Unchained: $250K

Bernstein: $200K

Trend: Global interest rising; Japan, Brazil, and others following U.S. lead.

Bitcoin is booming with growing institutional and political support.

As of May 28, 2025, Bitcoin is trading at approximately $108,956, maintaining its position near recent all-time highs. This stability follows a surge to nearly $112,000 last week, fueled by significant policy announcements and institutional interest.

Key Developments:

Bitcoin 2025 Conference: The ongoing conference in Las Vegas has been a focal point for crypto policy discussions. U.S. Senator Cynthia Lummis announced that President Trump supports the BITCOIN Act, proposing the acquisition of up to 1 million $BTC over five years to establish a Strategic Bitcoin Reserve. This initiative aims to formalize the government's commitment to Bitcoin as a national reserve asset.

Strategic Bitcoin Reserve: Established by an executive order signed by President Trump on March 6, 2025, the Strategic Bitcoin Reserve is funded by Bitcoin seized in federal cases. The U.S. government currently holds approximately 207,189 BTC, making it the largest known state holder of Bitcoin.