A recent report published by Glassnode on-chain data aggregator contains data about the new historic rise shown by Bitcoin-related data.
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Bitcoin options OI rallies
Glassnode has spread the word about a massive increase in Bitcoin options open interest. This metric has spiked to an all-time high, reaching the $46.2 billion level. This signifies a rise by $25.8 billion from recent lows.
This extensive increase in Bitcoin options open interest has surpassed the same indicator for Bitcoin futures. Glassnode explained that the big rise in this metric signifies that market participants are growing more sophisticated. Therefore, they require “more advanced hedging and strategy execution” for trading Bitcoin options.
$BTC options open interest recently hit an all-time high of $46.2B - up +$25.8B from the lows. This sharp growth outpaces futures and signals rising demand for more advanced hedging and strategy execution as market participants grow more sophisticated. pic.twitter.com/YXp24CRVfC
— glassnode (@glassnode) May 29, 2025
Michael Saylor exposes Strategy's Bitcoin wallets
Meanwhile, another interesting Bitcoin development has taken place. The founder of Bitcoin-focused company Strategy (formerly known as MicroStrategy), Michael Saylor, has decided to disclose Bitcoin wallets linked to his company.
Arkham Intelligence has confirmed that he had done that and named the total value of Strategy’s Bitcoin holdings identified. They total approximately $5.45 billion, which represents 87.5% of the BTC holdings publicly disclosed by Saylor. That includes Bitcoin held for Strategy as a custodian. Prior to that, during his public speech at the Bitcoin 2025 conference, Saylor spoke against the concept of proof of reserves, adopted by centralized crypto exchanges over the past years, whose goal is to keep their holdings transparent for users and the entire crypto space.
Arkham posted that despite Michael Saylor's claim he would never disclose his Bitcoin addresses, it has begun identifying addresses linked to Strategy (formerly MicroStrategy). After confirming 70,816 BTC associated with the company, Arkham estimates the total value of identified…
— Wu Blockchain (@WuBlockchain) May 29, 2025
In total, Strategy now holds 580,250 Bitcoins after announcing yet another purchase of 4,020 BTC worth $427.1 million. The company’s total BTC holdings are now valued at $63,009,579,600.
