Corporate Reserves Hit Overdrive as 'Suits' Can't Stop Buying Bitcoin

Happy Monday Bitcoiners, it's Bam here with another Bitcoin update!

Each week, our team at Bitcoin News saves you time by curating the most impactful events into a concise, easy-to-read update.

Notable events this week:

• Cash App makes nearly $1M from routing Lightning payments.

• Bitcoin Vegas 2025 breaks a Guinness World Record.

• Trump leads a slew of corporate Bitcoin treasury announcements.

Let’s dive in⚡

Azteco. For every bit of life.

Latest News 📰

🙌 Adoption

• HRF's Bitcoin Development Fund grants 800M sats to 22 global projects, supporting tools for privacy and freedom, such as a P2P market on Nostr, Sudan’s first BTC on/off ramp, and a browser-based Bitcoin dev lab.

• Paris Saint-Germain, France’s biggest football club, is adding Bitcoin to its treasury the same week it wins its first-ever Champions League title.

• Block launches Bitcoin payments on Square at Bitcoin 2025, enabling merchants to hold BTC or convert to fiat. The rollout helped set a Guinness World Record with 4,001 BTC transactions in 8 hours.

⚖️ Legal

• Eric Adams calls for a Bitcoin bond in NYC and the repeal of New York’s BitLicense, a 2015 regulation widely criticized by the crypto industry.

• Texas passes the Strategic Bitcoin Reserve bill after returning to the House for amendments, now awaiting Governor Greg Abbott’s signature to become law.

• US Department of Labor reverses its 2022 guidance and will no longer discourage Bitcoin in 401(k) plans. Fiduciaries are now free to decide, opening the door to BTC in the $7T retirement market.

📈 Markets

• Cantor Fitzgerald launches a $2B Bitcoin-backed lending program, with initial loans to FalconX and Maple Finance. The program lets firms borrow against their bitcoin, gaining liquidity without selling their assets.

• Meta shareholders overwhelmingly reject a proposal to add Bitcoin to the company’s balance sheet, with only 0.1% voting in favor.

• Cash App reveals its Lightning routing node earns a 9.7% APR on roughly $10M in Bitcoin liquidity, demonstrating real non-custodial yield from Lightning payments.

🏦 Treasury

• Trump Media (DJT) raises $2.44B in a private placement to build a Bitcoin treasury, positioning itself to become one of the largest BTC-holding public companies in the U.S. with ~$2.32B in net proceeds.

• TwentyOne Capital announces $100M in exercised convertible notes and plans to publish proof-of-reserves, including 31,500 BTC from Tether, Bitfinex, and SoftBank, once its merger with Cantor is complete.

• GameStop announces its first bitcoin purchase with a total of 4,710 BTC.

⛏️ Mining

• IMF raises red flags over Pakistan’s plan to allocate 2,000 MW for Bitcoin mining and AI data centers, citing energy shortages and regulatory gaps.

• Green Flare Energy has announced plans to develop a 53-megawatt Bitcoin mining facility in Nigeria's Delta State.

• Marathon hits a record 50+ EH/s realized hashrate and mines 749 BTC this month, cementing its lead as the largest public miner as others pause or slow expansions amid tightening margins.

🗳️ Politics

• Pakistan announces plans to establish a strategic Bitcoin reserve at Bitcoin 2025.

• Mayor of Panama City confirms roadmap to launch a Bitcoin Strategic Reserve, stating the ultimate goal is to make Bitcoin legal tender.

• MP Emma Reynolds confirms that the UK government has no plans to adopt a strategic Bitcoin reserve, calling it inconsistent with the nation’s foreign exchange reserve objectives.

🧠 Bitcoin Trivia 🧠

Bam’s 2 Sats 🧢

The Corporate Race Is On [Part 4]

Bitcoin Conference 2025 lit up Las Vegas this week, drawing over 30,000 attendees from around the world to the largest Bitcoin event on the planet.

The conference halls buzzed with major announcements from entrepreneurs, politicians, and Bitcoin builders, making it one of the most news-packed weeks in recent memory. Unsurprisingly, the biggest headlines centered on a now-familiar theme: Strategic Bitcoin Reserves.

Despite the flurry of news, Bitcoin held near all-time highs before dipping to $104K on renewed trade war tensions with China or perhaps just the return of the usual conference sell-off curse. Some warn of a potential double top, while crypto influencers claim to have sold their BTC or are hoping for an altcoin season that may never arrive.

But if you tune out the noise, the signal is clear: Bitcoin accumulation is accelerating.

Public companies added 95,000 BTC in Q1 2025 alone and they’re not slowing down. Billions more dollars are being raised to supercharge corporate treasury strategies.

We’ve been tracking the wave of announcements daily, and the pace shows no signs of slowing. If anything, we might need to start being more selective.

Here's a snapshot of different companies across the world adopting Bitcoin in just the last seven days:

• US Bitcoin darling Strategy adds 4,020 BTC to its treasury, bringing its total holdings to 580,250 BTC.

• UK-listed Smarter Web adds 24.53 BTC to its treasury and now holds 83.24 BTC.

• Sweden’s publicly listed healthcare company, H100 Group, acquires 1.85 BTC, bringing total holdings to 6.24 BTC.

• Brazilian company Méliuz raises $78 million to buy Bitcoin, following its $26.5 million purchase just this past week.

• Indian company Jetking acquires 5.98 BTC to its treasury and now holds 21 BTC.

• Japan’s Metaplanet issues $21M in zero-interest bonds to accelerate its Bitcoin treasury strategy.

• Norway’s K33 raises 60M SEK (~$5.6M) from insiders and strategic investors to expand its Bitcoin treasury.

• France’s Paris Saint-Germain just took home the Champions League and established Bitcoin as a treasury reserve asset in the same week.

Together, these and other companies now hold over 800,000 BTC.

And yes, BlackRock's Bitcoin ETF isn’t slowing down either, recording $6.35B in inflows this month alone, a new all-time high.

This corporate momentum comes as liquidity expands. U.S. M2 money supply just saw its first year-over-year increase in over three years, which macro analysts cite as a key driver of recent market strength.

In short, everything might be about to rip.
Or maybe not.
But if it does, you’ll know why.

Stay safe and keep on stacking!
-Bam

Bitcoin Reaches Escape Velocity

Rob Wallace sits down with Andre Dragosch, Head of Research for Bitwise Europe to break down how a demand shock could catapult Bitcoin higher.

Watch the full interview below 👇