CMC Market Pluse | 31 May 2025
Highlights this week:
Michael Saylor’s Strategy has acquired 4,020 BTC for $427M at an average price of $106,237 per Bitcoin.
Strive Asset Management announces a $750M private placement in the company, with another $750M with the exercise of warrants, making them one of the largest Bitcoin treasury companies.
#Gamestop announces its acquisition of 4,710 BTC.
Major project updates:
#Zksync introduces Prividium, their latest stack to deliver enterprise-grade privacy and built-in compliance to builders.
#coinbase releases CDP Wallets V2, giving developers “full control” over wallet behavior while leaving security of private keys to Coinbase’s Trusted Execution Environment.
Polygon cofounder, Mihailo Bjelic, steps down from Polygon Labs and the board of the Polygon Foundation.